 (on $ale here)
|
|
The Politically Incorrect Guide to the Great Depression and the New Deal
by Robert Murphy
Vital Statistics:
Paperback: 272 pages
Publisher: Regnery Press (March 31, 2009)
Language: English
ISBN-10: 1596980966
ISBN-13: 978-1596980969
Product Dimensions: 8.9 x 7.1 x 0.4 inches
Shipping Weight: 12 ounces
REVIEW:
Courtesy goodreads.com
by John Barbour
Who Put the “Great” in the Great Depression?
A depression (recession, panic, or contraction, whatever name you want to call it) is a natural recurring feature of capitalism. If you don’t believe me, ask the Fed. They sold themselves to the American public as a way of smoothing over these cycles.
So what makes a normal depression into a Great one? It takes lobbying and it takes politics and it takes a lot of do-gooders and not so do-gooders in Washington trying to do the so-called pragmatic thing. This is how Hoover got it going and this is how Roosevelt kept it going long enough to get 4 terms out of it and still a great name in the history books.
This is also how Obama will keep it going. Bush, like Hoover, was there to get it started so we can blame it all on free markets but after that we have to have a Democrat to save us. They are the party of the little guy and all the disenfranchised. (Ha! Ha! Ha! All the way to the central bank)
Maybe the American people will figure it out this time. Pray for the Tea Party people – at least they are open. A “Bushism” is appropriate here; “Fool me once, shame on you; fool me twice and shame on me.” Shame on all of us!
|