Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
It's been 90 years and still no one can articulate what FDR should have done instead of what he did do.So what plan did the Republicans put forth to solve the depression? The only one I know of was RFC. What is the Republican plan today to ease recessions?Great Depression began with the marker crash of 1929, years before FDR was elected in 1932 and inaugurated in 1933.
I said he made it worse and caused it to drag on, not that he created it. Hoover and the Fed messed things up and then FDR came along and kept trying to spend his way out of the depression.
Like I said, Hoover failed miserably. Everyone involved meddled too much from raising interest rate, to raising taxes, to pumping up labor unions, and basically doing the opposite of what they should have done.
I said articulate, meaning explain with specifics and details, not just a listing of talking points.It's been 90 years and still no one can articulate what FDR should have done instead of what he did do.So what plan did the Republicans put forth to solve the depression? The only one I know of was RFC. What is the Republican plan today to ease recessions?I said he made it worse and caused it to drag on, not that he created it. Hoover and the Fed messed things up and then FDR came along and kept trying to spend his way out of the depression.
Like I said, Hoover failed miserably. Everyone involved meddled too much from raising interest rate, to raising taxes, to pumping up labor unions, and basically doing the opposite of what they should have done.
Cut taxes, reduce social spending, side with entrepreneurs instead of labor unions, reduce regulations and let the businesses have freedom to operate, and if possible coerce the fed to slash interest rates to zero percent.
Gold is hoarded, money gets spent.
It is my right to hoard my gold, silver and precious gems if I like and no one should have the right to tell you how much you should be able to make or keep!
You say that but it turns out not to be the case.Gold is hoarded, money gets spent.
It is my right to hoard my gold, silver and precious gems if I like and no one should have the right to tell you how much you should be able to make or keep!
Well no one has the right in this country how much you can make, so it is the damn case unless you can show me the law where the cap is at!
if possible coerce the fed to slash interest rates to zero percent.
...
I said articulate, meaning explain with specifics and details, not just a listing of talking points.It's been 90 years and still no one can articulate what FDR should have done instead of what he did do.So what plan did the Republicans put forth to solve the depression? The only one I know of was RFC. What is the Republican plan today to ease recessions?
Like I said, Hoover failed miserably. Everyone involved meddled too much from raising interest rate, to raising taxes, to pumping up labor unions, and basically doing the opposite of what they should have done.
Cut taxes, reduce social spending, side with entrepreneurs instead of labor unions, reduce regulations and let the businesses have freedom to operate, and if possible coerce the fed to slash interest rates to zero percent.
Repeating your stupidity doesn't make it any sanerif possible coerce the fed to slash interest rates to zero percent.
That's the most insane post I've seen on a long time and the scary thing is that Trump is actually trying to do that.
You thought 2008 was bad? THIS time Republicans are gonna give as full on Depression if they get their way
Those things did not exist in the 1930s the way they may exist today. Our conversation began with FDR policies and the Great Depression almost a century ago. You have jumped ahead 85 or 90 years....
I said articulate, meaning explain with specifics and details, not just a listing of talking points.It's been 90 years and still no one can articulate what FDR should have done instead of what he did do.So what plan did the Republicans put forth to solve the depression? The only one I know of was RFC. What is the Republican plan today to ease recessions?
Like I said, Hoover failed miserably. Everyone involved meddled too much from raising interest rate, to raising taxes, to pumping up labor unions, and basically doing the opposite of what they should have done.
Cut taxes, reduce social spending, side with entrepreneurs instead of labor unions, reduce regulations and let the businesses have freedom to operate, and if possible coerce the fed to slash interest rates to zero percent.
Fine, I will spell it out.
Cut taxes to enable people to keep their hard earned money and incentivize them to work and invest.
Reduce social spending to free up money to spend on important things, not encourage freeloaders.
Side with entrepreneurs to help them become profitable and hire more employees.
Reduce regulations so companies aren't hobbled by ridiculous restrictions and they can be productive.
Attempt to coerce Fed to slash interest rates to 0% in order to spur the economy.
All of these things today would be greeted with cheers of MAGA!
Attempt to coerce Fed to slash interest rates to 0% in order to spur the economy.
Those things did not exist in the 1930s the way they may exist today. Our conversation began with FDR policies and the Great Depression almost a century ago. You have jumped ahead 85 or 90 years....
I said articulate, meaning explain with specifics and details, not just a listing of talking points.It's been 90 years and still no one can articulate what FDR should have done instead of what he did do.Like I said, Hoover failed miserably. Everyone involved meddled too much from raising interest rate, to raising taxes, to pumping up labor unions, and basically doing the opposite of what they should have done.
Cut taxes, reduce social spending, side with entrepreneurs instead of labor unions, reduce regulations and let the businesses have freedom to operate, and if possible coerce the fed to slash interest rates to zero percent.
Fine, I will spell it out.
Cut taxes to enable people to keep their hard earned money and incentivize them to work and invest.
Reduce social spending to free up money to spend on important things, not encourage freeloaders.
Side with entrepreneurs to help them become profitable and hire more employees.
Reduce regulations so companies aren't hobbled by ridiculous restrictions and they can be productive.
Attempt to coerce Fed to slash interest rates to 0% in order to spur the economy.
All of these things today would be greeted with cheers of MAGA!
Attempt to coerce Fed to slash interest rates to 0% in order to spur the economy.
The fact that you would even say something like this shows how incredibly stupid and uneducated you are. Do you understand what a 0% interest rate actually means? It would, quite literally, mean free money. It's no different than trying to "spur the economy" by recklessly printing more and more cash. It wouldn't spur the economy, it would tank the economy.
CORRECTION"no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year." That would be the equivalent of an income a bit above $200,000 today."
This legislative action saved American Banks and financed the New Deal programs that we still benefit from today. I mailed a package and bought stamps at a Post Office built in 1936. Gold was used as collateral on loans to individual States to finance projects in their states. Every penny of every loan was paid back in full. Banks profited and were saved as workers were employed as infrastructure was built."Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for $20.67 (consumer price index, adjusted value of $400 today) per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933, violation of the order was punishable by fine up to $10,000 (equivalent to $193,548 today) or up to ten years in prison, or both."
CORRECTION"no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year." That would be the equivalent of an income a bit above $200,000 today."
$25,000 is
NOT $200,000 in today's dollars.... the inflation calculator says $351,000 in today's dollars
No, it would not literally mean free money. It would literally mean interest free money. There's a big difference.
FDR got us involved in WW2Have you heard of this thing we had called the great depression? The things FDR had to do to avoid a socialist revolution in America seems kind of harsh these days but there were no liquid assets to be had to restart the economy. The super rich had vaults full of the stuff that just sat there year after year doing nothing.You say that but it turns out not to be the case.Gold is hoarded, money gets spent.
It is my right to hoard my gold, silver and precious gems if I like and no one should have the right to tell you how much you should be able to make or keep!
Well no one has the right in this country how much you can make, so it is the damn case unless you can show me the law where the cap is at!
WW2 got us out of the depression. FDR's policies exacerbated it.
We were still converting from United States Notes backed by gold and silver to Federal Reserve Notes that were and are fiat also. The beginning is much better then the end when Fiat Currencies fail.This legislative action saved American Banks and financed the New Deal programs that we still benefit from today. I mailed a package and bought stamps at a Post Office built in 1936. Gold was used as collateral on loans to individual States to finance projects in their states. Every penny of every loan was paid back in full. Banks profited and were saved as workers were employed as infrastructure was built."Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for $20.67 (consumer price index, adjusted value of $400 today) per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933, violation of the order was punishable by fine up to $10,000 (equivalent to $193,548 today) or up to ten years in prison, or both."
The Federal Reserve was chartered to stop bank runs, recessions and depressions. At least that's what the owners of the Federal Reserve told the politicians who passed the Federal Reserve Act around Christmas of 1913.
Like nearly all big changes our central government has imposed, they lied to the American people to get them passed. One would think all Americans would see the pattern of lies by now.The Federal Reserve was chartered to stop bank runs, recessions and depressions. At least that's what the owners of the Federal Reserve told the politicians who passed the Federal Reserve Act around Christmas of 1913. We got the Federal Income Tax Amendment around the same time. How convenient!
