On The Proper Use Of Economic Crises

[PoliticalChic]

"Proper"....depending on your political persuasion.



1.The very best economic system for humanity is the free market and capitalism. But a correct understanding thereof is that there are, as in life, ups and downs. Among those ‘downs’ are economic crises such as dips, recessions, and depressions.
If all of us were on the same page, and wanted only the best outcomes for the populace, smoothing those dips would be the universal goal. But, we have Democrats who see said crises as a way to accrue power.



2. Today is the anniversary date, June 27th, 1893 of one of our worst economic crises. Crash of the New York Stock Exchange. Caused by railroad overbuilding and shaky railroad financing which set off a series of bank failures. Compounding market overbuilding and a railroad bubble was a run on the gold supply and a policy of using both gold and silver metals as a peg for the US Dollar value. The Panic of 1893 was the worst economic crisis to hit the nation in its history to that point. One of the first signs of trouble was the bankruptcy of the Philadelphia and Reading Railroad, which had greatly over-extended itself, on February 23, 1893. Coxey's Army was a highly publicized march of unemployed men from Ohio and Pennsylvania to Washington to demand relief.

The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. Timberlake, Jr., Richard H. (1997). "Panic of 1893". In Glasner, David; Cooley, Thomas F. (eds.). Business Cycles and Depressions: an Encyclopedia. New York: Garland Publishing. pp. 516–18.
Four years.


3. At some point Democrats saw crises as a way to mold and manipulate the nation. “You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things that you think you could not do before.”― Democrat Rahm Emanuel

The meaning is that Democrats don’t want to correct an emergency….no matter the damage it does to America and Americans….they want to use it, even amplify it, to get their way. Take the Wuhan Red Death Hoax….designed to shut down Trump’s miraculous economy.





4. For comparison with the four year depression of 1893.....
a.While "The Depression" is probably the only economic downturn ever studied in government schools, few ever speak of any depressions or recessions prior to the "Great Depression."

Know how many there were?

Over thirty. And the average length was a couple of years or less.

List of recessions in the United States - Wikipedia, the free encyclopedia

b. "The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."Great Depression

OK....so maybe Franklin Roosevelt was actually trying to end the depression.....never mind that he made it last longer, by a multiple of five, from most previous depressions/recessions.....must have be an accident, huh?????



5. “The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.
Great Depression: Black Thursday, Facts & Effects - HISTORY
https://www.history.com › topics › great-depression-history



Democrat FDR knew he was pushing a recession into a Depression.

Now....our current economic crisis, as Politico notes:

"Actually, a recession is inevitable" Actually, a recession is inevitable​

What if Biden’s Democrats are using the same plan?

 

[georgephillip]

Until the election of Dwight Eisenhower in 1952, the Great Depression was widely known as the Great Republican Depression; maybe that's to be expected when 1%-2% of society (those who "own" the means of production) decide what to produce, where to produce it, and how to distribute any surplus?

 

[Toro]

"Proper"....depending on your political persuasion.



1.The very best economic system for humanity is the free market and capitalism. But a correct understanding thereof is that there are, as in life, ups and downs. Among those ‘downs’ are economic crises such as dips, recessions, and depressions.
If all of us were on the same page, and wanted only the best outcomes for the populace, smoothing those dips would be the universal goal. But, we have Democrats who see said crises as a way to accrue power.



2. Today is the anniversary date, June 27th, 1893 of one of our worst economic crises. Crash of the New York Stock Exchange. Caused by railroad overbuilding and shaky railroad financing which set off a series of bank failures. Compounding market overbuilding and a railroad bubble was a run on the gold supply and a policy of using both gold and silver metals as a peg for the US Dollar value. The Panic of 1893 was the worst economic crisis to hit the nation in its history to that point. One of the first signs of trouble was the bankruptcy of the Philadelphia and Reading Railroad, which had greatly over-extended itself, on February 23, 1893. Coxey's Army was a highly publicized march of unemployed men from Ohio and Pennsylvania to Washington to demand relief.

The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. Timberlake, Jr., Richard H. (1997). "Panic of 1893". In Glasner, David; Cooley, Thomas F. (eds.). Business Cycles and Depressions: an Encyclopedia. New York: Garland Publishing. pp. 516–18.
Four years.


3. At some point Democrats saw crises as a way to mold and manipulate the nation. “You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things that you think you could not do before.”― Democrat Rahm Emanuel

The meaning is that Democrats don’t want to correct an emergency….no matter the damage it does to America and Americans….they want to use it, even amplify it, to get their way. Take the Wuhan Red Death Hoax….designed to shut down Trump’s miraculous economy.





4. For comparison with the four year depression of 1893.....
a.While "The Depression" is probably the only economic downturn ever studied in government schools, few ever speak of any depressions or recessions prior to the "Great Depression."

Know how many there were?

Over thirty. And the average length was a couple of years or less.

List of recessions in the United States - Wikipedia, the free encyclopedia

b. "The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."Great Depression

OK....so maybe Franklin Roosevelt was actually trying to end the depression.....never mind that he made it last longer, by a multiple of five, from most previous depressions/recessions.....must have be an accident, huh?????



5. “The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.
Great Depression: Black Thursday, Facts & Effects - HISTORY
https://www.history.com › topics › great-depression-history



Democrat FDR knew he was pushing a recession into a Depression.

Now....our current economic crisis, as Politico notes:

"Actually, a recession is inevitable" Actually, a recession is inevitable​

What if Biden’s Democrats are using the same plan?

You've gone crazy.

 

[PoliticalChic]

Until the election of Dwight Eisenhower in 1952, the Great Depression was widely known as the Great Republican Depression; maybe that's to be expected when 1%-2% of society (those who "own" the means of production) decide what to produce, where to produce it, and how to distribute any surplus?

You're a liar.


FDR was the cause of the recession becoming a Depression.

And he did it on purpose.



FDR knew how the recession should be dealt with....yet he chose to do the opposite, causing and extending a Depression.

Proven.

Why he did so remains to be answered.



1. The hagiography and idol-worship leaves out all understanding of his times...and what he actually said and did. So...here I am to save the day!

2. The basis of FDR's 1932 campaign to win the presidency from Herbert Hoover was his emphatic promise to the suffering American people, that he would balance the budget. Of course, he also promised that he would use the government to create jobs, and that they "had a right to a comfortable living."

http://www.heritage.org/initiatives/first-principles/primary-sources/fdrs-commonwealth-club-address

3.The part about balancing the budget had a certain resonance as President Harding had veered sharply away from federal spending and solved as big a recession in about one year. Certainly Franklin Roosevelt knew this, as he hammered away at Hoover's spending. October 19, 1932, he nailed Hoover, observing that in recent years federal expenses had increased by $1 billion "and that I may add, is the most reckless and extravagant past that I have been able to discover in the statistical record of any peacetime Government anywhere, any time."

http://www.presidency.ucsb.edu/ws/?pid=88399

a. Roosevelt went further! The cause: "It arises from one cause only and that is the unbalanced budget at he continued failure of this administration to take effective steps to balance it! If that budget had been fully and honestly balanced in 1930, some of the 1931 troubles would have been avoided. Even if it had been balanced in 1931, much of the extreme dip in 1932 would have been obviated. Every financial man in the country knows why this is true." http://www.presidency.ucsb.edu/ws/?pid=88399

b. And this: "... carrying out the plain precept of our Party, which is to reduce the cost of current Federal Government operations by 25 percent." Ibid.

 

[PoliticalChic]

You've gone crazy.

I'm surprised you're not embarrassed to offer your posts, after this infantile post of yours, claiming that when choosing a leader, policies don't matter....





Me: I can list dozens of Biden policies that are anti-American, and that I can attack.

You: “This isn't about policies.

Trump and his cult are attacking the fundamental premise of the republic and the sovereign will of the people. It's a disgrace.”
Why We Lost America…. post #21




This:

Or This:

 

[georgephillip]

Yeah, it's 46 minutes of Chomsky shot 29 years ago; however, how much of it rings economically true today?

 

[PoliticalChic]

Yeah, it's 46 minutes of Chomsky shot 29 years ago; however, how much of it rings economically true today?

How appropriate....you, lying scum, quoting another example of lying scum.


1. Chomsky's New Blood Libel By: Alan M. Dershowitz
FrontPageMagazine.com | Wednesday, July 26, 2006

http://archive.frontpagemag.com/readArticle.aspx?ARTID=3392

Noam Chomsky and his hard-Left gang of Israel bashers are at it again. This time it is about the current crisis in the Middle East, which they blame entirely on Israel.

Chomsky is circulating a letter which he got two naïve Nobel Prize winners—the playwright Harold Pinter and the poet José Saramago—to sign.

It is vintage Chomsky, beginning with its first sentences: “The latest chapter of the conflict between Israel and Palestine began when Israeli forces abducted two civilians, a doctor and his brother, from Gaza. An incident scarcely reported anywhere, except in the Turkish pres.” Chomsky typically cites obscure news reports in languages no one can read. This time it’s “the Turkish Press.” The problem with Chomsky’s assertion is that a five minute Google News check reveals that the incident he points to was widely reported by the English language press, including The Washington Post, The Chicago Tribune, the Boston Globe, BBC, Reuters, and the Associated Press. (Lie number one).

This is what the associated press reported: “On Saturday, Israeli commandos seized two Palestinians suspected of being Hamas militants in the army’s first arrest raid in the Gaza Strip since Israel’s withdrawal nearly a year ago. An Israeli army spokesman said the two men, arrested at a house near Rafah in southern Gaza, were in the ‘final states of planning a large-scale terror attack’ in coming days. The army did not provide details on the nature of the alleged plot. Hamas denied that the men, who were identified by neighbors as brothers, are members.” Quite a different account than the one provided by Chomsky, et. al. (Lie number two). Chomsky has said in interviews that “we don’t even know their names,” referring to the arrested militants. But a quick check of newspapers reveals that their names are Osama and Mostafa Muamar, whose father is Ali Muamar, a notorious Hamas leader. According to press reports “local Hamas activists said the pair was…known to be members of Hamas.” (Lie number three).

Nor was the arrest of these Hamas terrorists the origin of the crisis, as Chomsky asserts. Even Kofi Annan acknowledged that “Hezbollah’s provocative attack on July 12 was the trigger of this particular crisis”; that Hezbollah is “deliberate[ly] targeting…Israeli population centers with hundreds of indiscriminate weapons”; and that Israel has the “right to defend itself under Article 51 of the UN chater.” But on Planet Chomsky, Annan and the UN are dupes of Israel who suppress the real story that only the Turkish press has the courage and honesty to report. (Lie number four). By the way, even the Turkish Daily News—which simply reprinted a widely distributed international Reuters story, datelined June 25, Gaza—reported that the two arrested individuals were alleged Hamas militants, a fact that Chomsky conveniently omits. (Lie number five).

The lies continue. Chomsky claims that Israeli missiles target areas “where the disinherited and crowded poor live, waiting for what was once called justice.” He never mentions that it is Hezbollah and Hamas that select those civilian areas from which they fire their anti-personnel rockets, precisely in order to put Israel to the choice of allowing the missiles to rain down on its own civilians or to try to destroy the rocket launchers by smart bombs designed to minimize civilian casualties. (Lie number six).

Finally, the BIG LIE: “[Israel’s] aim is nothing less than the liquidation of the Palestinian nation. This has to be said loud and clear for the practice, only half declared and often covert, is advancing fast these days, and, in our opinion, it must be unceasingly and eternally recognized for what it is and resisted.” Again Chomsky ignores the historically indisputable facts that Israel (and the international community) offered the Palestinians a state in 1938, in 1948 and in 2001. The Palestinians responded with terrorism in each instance. The vast majority of Israelis and the Israeli government favor the two-state solution. It is Hamas and Hezbollah whose “aim is nothing less than the liquidation” of Israel. Just ask them. Just read their charter. Just look what they’re doing. But not on Planet Chomsky, where everything is the mirror image of reality, and where “facts” are made up, ignored and distorted to serve a predetermined ideological end. (Lie number seven).

Now look at the one truth in the Chomsky letter, the call for Israel’s aims to be “resisted.” This will surely be read by Hamas and Hezbollah as support for its terrorism against Israel and those who support its existence. I doubt that all who have signed the Chomsky letters were aware that they are disseminating provable falsehoods. The list of signatories, in addition to Chomsky, Pinter and Saramago, now includes Tariq Ali, John Berger, Eduardo Galeano, Naomi Klein, Arundhati Roy, Giuliana Sgrena, and Howard Zinn. But now that they are aware of the lies contained in the letter, let’s see if they remove their names. If they do, some of them may come to realize how dangerous to their integrity and reputation it is to sign a Chomsky letter without checking its contents. If they don’t, it tells us how little they value about truth.

Click Here to support Frontpagemag.com.

---

​

Alan M. Dershowitz is a professor of law at Harvard. He is the author of many books, including, most recently, “The Case Against Israel’s Enemies.”

---

​

2. “A year after Islamism’s defeat in Afghanistan, the UN estimated that 3 million children, many of them girls, were enrolled in schools for the first time…Chomsky had predicted a ‘silent genocide,’ even a deliberate genocide ( “the U.S. had demanded that Pakistan kill possibly millions of people…”). There was, in fact, a humanitarian crisis. But the crisis owed in large part to something quite the opposite of genocide. A huge crowd of nearly 2 million Afghans, refugees who had fled during the Soviet incursion and the years of chaos and the Taliban despotism, came streaming back into their own country. Genocide reduces populations. The invasion of Afghanistan increased the population by nearly 10 percent. Instead of genocide, genogenesis.”

Berman, “Terror and Liberalism,” p. 179-180.

 

[georgephillip]

FDR was the cause of the recession becoming a Depression.

And he did it on purpose.



FDR knew how the recession should be dealt with....yet he chose to do the opposite, causing and extending a Depression.

You should learn a little local history:

Herbert Hoover - Wikipedia

"In 1929 Hoover assumed the presidency during a period of widespread economic stability.

"However, during his first year in office, the stock market crashed, signaling the onset of the Great Depression.

"The Great Depression dominated Hoover's presidency and he responded by pursuing a series of economic policies in an attempt to lift the economy.

"Hoover staunchly opposed any intervention from the federal government in the U.S. economy.

"Hoover scapegoated Mexicans for the Depression, instituting policies and sponsoring programs of repatriation and deportation to Mexico."

Who would conservatives blame without immigrants?

 

[PoliticalChic]

You should learn a little local history:

Herbert Hoover - Wikipedia

"In 1929 Hoover assumed the presidency during a period of widespread economic stability.

"However, during his first year in office, the stock market crashed, signaling the onset of the Great Depression.

"The Great Depression dominated Hoover's presidency and he responded by pursuing a series of economic policies in an attempt to lift the economy.

"Hoover staunchly opposed any intervention from the federal government in the U.S. economy.

"Hoover scapegoated Mexicans for the Depression, instituting policies and sponsoring programs of repatriation and deportation to Mexico."

Who would conservatives blame without immigrants?

How about I teach you what is called 'reality.'



FDR caused the Depression....


1. FDR ran for President with this explanation of the Hoover economic upheaval..
a. The basis of FDR's 1932 campaign to win the presidency from Herbert Hoover was his emphatic promise to the suffering American people, that he would balance the budget.
FDR’s Commonwealth Club Address

b. The part about balancing the budget had a certain resonance as President Harding had veered sharply away from federal spending and solved as big a recession in about one year. Certainly Franklin Roosevelt knew this, as he hammered away at Hoover's spending.

c. October 19, 1932, he nailed Hoover, observing that in recent years federal expenses had increased by $1 billion "and that I may add, is the most reckless and extravagant past that I have been able to discover in the statistical record of any peacetime Government anywhere, any time." Franklin D. Roosevelt: Campaign Address on the Federal Budget at Pittsburgh, Pennsylvania

d. Roosevelt went further! The cause: "It arises from one cause only and that is the unbalanced budget at he continued failure of this administration to take effective steps to balance it! If that budget had been fully and honestly balanced in 1930, some of the 1931 troubles would have been avoided. Even if it had been balanced in 1931, much of the extreme dip in 1932 would have been obviated. Every financial man in the country knows why this is true." Franklin D. Roosevelt: Campaign Address on the Federal Budget at Pittsburgh, Pennsylvania

And this: "... carrying out the plain precept of our Party, which is to reduce the cost of current Federal Government operations by 25 percent." Ibid.


2. ....he went on to vow that everyone he selects for his cabinet had to pledge absolute fealty to a balanced budget and a 25% across-the-board cut in government spending.



3. Review?
Harding cut spending and cured a similar recession in 1 and a half years.

FDR claimed every economist knew that government spending was the problem

FDR promised to balance the budget, cut spending by 25%...and would make everyone in his cabinet promise to support the 25% cuts...


Instead...

4. .... in March of 1933, he didn't fill his cabinet with persons committed to a balanced budget. A pretty much poke 'in your eye.'


a. Nah....instead the bunch put together the huge spending and administrative expansion of his first hundred day, Douglas knew the real deal.


b. Roosevelt expanded the federal government and ran up deficits much greater than those of Hoover.

Result:
A depression that lasted more than twice as long as any previous (there had been almost 50 previous recessions/depressions)...

Here's the salient query.....

....Why did Franklin Roosevelt insist on making the economic horror show last a decade?????

Why?



Now....try to break out of your pattern of obfuscations and lies.....and answer the question.

 

[washamericom]

"Proper"....depending on your political persuasion.



1.The very best economic system for humanity is the free market and capitalism. But a correct understanding thereof is that there are, as in life, ups and downs. Among those ‘downs’ are economic crises such as dips, recessions, and depressions.
If all of us were on the same page, and wanted only the best outcomes for the populace, smoothing those dips would be the universal goal. But, we have Democrats who see said crises as a way to accrue power.



2. Today is the anniversary date, June 27th, 1893 of one of our worst economic crises. Crash of the New York Stock Exchange. Caused by railroad overbuilding and shaky railroad financing which set off a series of bank failures. Compounding market overbuilding and a railroad bubble was a run on the gold supply and a policy of using both gold and silver metals as a peg for the US Dollar value. The Panic of 1893 was the worst economic crisis to hit the nation in its history to that point. One of the first signs of trouble was the bankruptcy of the Philadelphia and Reading Railroad, which had greatly over-extended itself, on February 23, 1893. Coxey's Army was a highly publicized march of unemployed men from Ohio and Pennsylvania to Washington to demand relief.

The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. Timberlake, Jr., Richard H. (1997). "Panic of 1893". In Glasner, David; Cooley, Thomas F. (eds.). Business Cycles and Depressions: an Encyclopedia. New York: Garland Publishing. pp. 516–18.
Four years.


3. At some point Democrats saw crises as a way to mold and manipulate the nation. “You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things that you think you could not do before.”― Democrat Rahm Emanuel

The meaning is that Democrats don’t want to correct an emergency….no matter the damage it does to America and Americans….they want to use it, even amplify it, to get their way. Take the Wuhan Red Death Hoax….designed to shut down Trump’s miraculous economy.





4. For comparison with the four year depression of 1893.....
a.While "The Depression" is probably the only economic downturn ever studied in government schools, few ever speak of any depressions or recessions prior to the "Great Depression."

Know how many there were?

Over thirty. And the average length was a couple of years or less.

List of recessions in the United States - Wikipedia, the free encyclopedia

b. "The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."Great Depression

OK....so maybe Franklin Roosevelt was actually trying to end the depression.....never mind that he made it last longer, by a multiple of five, from most previous depressions/recessions.....must have be an accident, huh?????



5. “The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.
Great Depression: Black Thursday, Facts & Effects - HISTORY
https://www.history.com › topics › great-depression-history



Democrat FDR knew he was pushing a recession into a Depression.

Now....our current economic crisis, as Politico notes:

"Actually, a recession is inevitable" Actually, a recession is inevitable​

What if Biden’s Democrats are using the same plan?

Do u think gold and silver
are a good buy today ?
Real estate ?

 

[PoliticalChic]

Do u think gold and silver
are a good buy today ?
Real estate ?

If we wish to avoid the disasters that would require that option, the best plan is to rid this nation of Democrats.

 

[georgephillip]

How about I teach you what is called 'reality.'



FDR caused the Depression....


1. FDR ran for President with this explanation of the Hoover economic upheaval..
a. The basis of FDR's 1932 campaign to win the presidency from Herbert Hoover was his emphatic promise to the suffering American people, that he would balance the budget.
FDR’s Commonwealth Club Address

b. The part about balancing the budget had a certain resonance as President Harding had veered sharply away from federal spending and solved as big a recession in about one year. Certainly Franklin Roosevelt knew this, as he hammered away at Hoover's spending.

c. October 19, 1932, he nailed Hoover, observing that in recent years federal expenses had increased by $1 billion "and that I may add, is the most reckless and extravagant past that I have been able to discover in the statistical record of any peacetime Government anywhere, any time." Franklin D. Roosevelt: Campaign Address on the Federal Budget at Pittsburgh, Pennsylvania

d. Roosevelt went further! The cause: "It arises from one cause only and that is the unbalanced budget at he continued failure of this administration to take effective steps to balance it! If that budget had been fully and honestly balanced in 1930, some of the 1931 troubles would have been avoided. Even if it had been balanced in 1931, much of the extreme dip in 1932 would have been obviated. Every financial man in the country knows why this is true." Franklin D. Roosevelt: Campaign Address on the Federal Budget at Pittsburgh, Pennsylvania

And this: "... carrying out the plain precept of our Party, which is to reduce the cost of current Federal Government operations by 25 percent." Ibid.


2. ....he went on to vow that everyone he selects for his cabinet had to pledge absolute fealty to a balanced budget and a 25% across-the-board cut in government spending.



3. Review?
Harding cut spending and cured a similar recession in 1 and a half years.

FDR claimed every economist knew that government spending was the problem

FDR promised to balance the budget, cut spending by 25%...and would make everyone in his cabinet promise to support the 25% cuts...


Instead...

4. .... in March of 1933, he didn't fill his cabinet with persons committed to a balanced budget. A pretty much poke 'in your eye.'


a. Nah....instead the bunch put together the huge spending and administrative expansion of his first hundred day, Douglas knew the real deal.


b. Roosevelt expanded the federal government and ran up deficits much greater than those of Hoover.

Result:
A depression that lasted more than twice as long as any previous (there had been almost 50 previous recessions/depressions)...

Here's the salient query.....

....Why did Franklin Roosevelt insist on making the economic horror show last a decade?????

Why?



Now....try to break out of your pattern of obfuscations and lies.....and answer the question.

Speculators caused the Great Depression, and FDR abandoned his ill-conceived commitment to a "balanced" budget shortly after he took office and became aware of how badly rich Republicans (and their political puppets) had managed the "roaring twenties."

stock market crash of 1929 | Summary, Causes, & Facts

"The main cause of the Wall Street crash of 1929 was the long period of speculation that preceded it, during which millions of people invested their savings or borrowed money to buy stocks, pushing prices to unsustainable levels.

"Other causes included an increase in interest rates by the Federal Reserve in August 1929 and a mild recession earlier that summer, both of which contributed to gradual declines in stock prices in September and October, eventually leading investors to panic."

Would you care to opine on how the gold standard contributed to the Great Depression?

 

[georgephillip]

How appropriate....you, lying scum, quoting another example of lying scum.


1. Chomsky's New Blood Libel By: Alan M. Dershowitz
FrontPageMagazine.com | Wednesday, July 26, 2006

http://archive.frontpagemag.com/readArticle.aspx?ARTID=3392

Noam Chomsky and his hard-Left gang of Israel bashers are at it again. This time it is about the current crisis in the Middle East, which they blame entirely on Israel.

Chomsky is circulating a letter which he got two naïve Nobel Prize winners—the playwright Harold Pinter and the poet José Saramago—to sign.

It is vintage Chomsky, beginning with its first sentences: “The latest chapter of the conflict between Israel and Palestine began when Israeli forces abducted two civilians, a doctor and his brother, from Gaza. An incident scarcely reported anywhere, except in the Turkish pres.” Chomsky typically cites obscure news reports in languages no one can read. This time it’s “the Turkish Press.” The problem with Chomsky’s assertion is that a five minute Google News check reveals that the incident he points to was widely reported by the English language press, including The Washington Post, The Chicago Tribune, the Boston Globe, BBC, Reuters, and the Associated Press. (Lie number one).

This is what the associated press reported: “On Saturday, Israeli commandos seized two Palestinians suspected of being Hamas militants in the army’s first arrest raid in the Gaza Strip since Israel’s withdrawal nearly a year ago. An Israeli army spokesman said the two men, arrested at a house near Rafah in southern Gaza, were in the ‘final states of planning a large-scale terror attack’ in coming days. The army did not provide details on the nature of the alleged plot. Hamas denied that the men, who were identified by neighbors as brothers, are members.” Quite a different account than the one provided by Chomsky, et. al. (Lie number two). Chomsky has said in interviews that “we don’t even know their names,” referring to the arrested militants. But a quick check of newspapers reveals that their names are Osama and Mostafa Muamar, whose father is Ali Muamar, a notorious Hamas leader. According to press reports “local Hamas activists said the pair was…known to be members of Hamas.” (Lie number three).

Nor was the arrest of these Hamas terrorists the origin of the crisis, as Chomsky asserts. Even Kofi Annan acknowledged that “Hezbollah’s provocative attack on July 12 was the trigger of this particular crisis”; that Hezbollah is “deliberate[ly] targeting…Israeli population centers with hundreds of indiscriminate weapons”; and that Israel has the “right to defend itself under Article 51 of the UN chater.” But on Planet Chomsky, Annan and the UN are dupes of Israel who suppress the real story that only the Turkish press has the courage and honesty to report. (Lie number four). By the way, even the Turkish Daily News—which simply reprinted a widely distributed international Reuters story, datelined June 25, Gaza—reported that the two arrested individuals were alleged Hamas militants, a fact that Chomsky conveniently omits. (Lie number five).

The lies continue. Chomsky claims that Israeli missiles target areas “where the disinherited and crowded poor live, waiting for what was once called justice.” He never mentions that it is Hezbollah and Hamas that select those civilian areas from which they fire their anti-personnel rockets, precisely in order to put Israel to the choice of allowing the missiles to rain down on its own civilians or to try to destroy the rocket launchers by smart bombs designed to minimize civilian casualties. (Lie number six).

Finally, the BIG LIE: “[Israel’s] aim is nothing less than the liquidation of the Palestinian nation. This has to be said loud and clear for the practice, only half declared and often covert, is advancing fast these days, and, in our opinion, it must be unceasingly and eternally recognized for what it is and resisted.” Again Chomsky ignores the historically indisputable facts that Israel (and the international community) offered the Palestinians a state in 1938, in 1948 and in 2001. The Palestinians responded with terrorism in each instance. The vast majority of Israelis and the Israeli government favor the two-state solution. It is Hamas and Hezbollah whose “aim is nothing less than the liquidation” of Israel. Just ask them. Just read their charter. Just look what they’re doing. But not on Planet Chomsky, where everything is the mirror image of reality, and where “facts” are made up, ignored and distorted to serve a predetermined ideological end. (Lie number seven).

Now look at the one truth in the Chomsky letter, the call for Israel’s aims to be “resisted.” This will surely be read by Hamas and Hezbollah as support for its terrorism against Israel and those who support its existence. I doubt that all who have signed the Chomsky letters were aware that they are disseminating provable falsehoods. The list of signatories, in addition to Chomsky, Pinter and Saramago, now includes Tariq Ali, John Berger, Eduardo Galeano, Naomi Klein, Arundhati Roy, Giuliana Sgrena, and Howard Zinn. But now that they are aware of the lies contained in the letter, let’s see if they remove their names. If they do, some of them may come to realize how dangerous to their integrity and reputation it is to sign a Chomsky letter without checking its contents. If they don’t, it tells us how little they value about truth.

Click Here to support Frontpagemag.com.

​

---

Alan M. Dershowitz is a professor of law at Harvard. He is the author of many books, including, most recently, “The Case Against Israel’s Enemies.”

​

---

2. “A year after Islamism’s defeat in Afghanistan, the UN estimated that 3 million children, many of them girls, were enrolled in schools for the first time…Chomsky had predicted a ‘silent genocide,’ even a deliberate genocide ( “the U.S. had demanded that Pakistan kill possibly millions of people…”). There was, in fact, a humanitarian crisis. But the crisis owed in large part to something quite the opposite of genocide. A huge crowd of nearly 2 million Afghans, refugees who had fled during the Soviet incursion and the years of chaos and the Taliban despotism, came streaming back into their own country. Genocide reduces populations. The invasion of Afghanistan increased the population by nearly 10 percent. Instead of genocide, genogenesis.”

Berman, “Terror and Liberalism,” p. 179-180.

So... do you agree with Chomsky's assessment of NAFTA or not?

 

[HenryBHough]

The three economic disaster years end in "3".

Xiden is still president.

Are you really ready for the year that comes after the current one?

 

[PoliticalChic]

Speculators caused the Great Depression, and FDR abandoned his ill-conceived commitment to a "balanced" budget shortly after he took office and became aware of how badly rich Republicans (and their political puppets) had managed the "roaring twenties."

stock market crash of 1929 | Summary, Causes, & Facts

"The main cause of the Wall Street crash of 1929 was the long period of speculation that preceded it, during which millions of people invested their savings or borrowed money to buy stocks, pushing prices to unsustainable levels.

"Other causes included an increase in interest rates by the Federal Reserve in August 1929 and a mild recession earlier that summer, both of which contributed to gradual declines in stock prices in September and October, eventually leading investors to panic."

Would you care to opine on how the gold standard contributed to the Great Depression?

The reason for the Depression was FDR's plan to obviate the Constitution through a dire economic crisis.



Stop lying.

 

[PoliticalChic]

So... do you agree with Chomsky's assessment of NAFTA or not?

Chomsky, like you....is lying scum.


He has figured out how to make an exceptional fortune while living as a self-described ‘anarchist-socialist’ dissident in a capitalist society he has described as a ‘police state.’

He claims to be constantly threatened with censorship, while publishing dozens of books.

He denounces the Pentagon as the epitome of evil, while making million from his work for the very same institution. As a tenured MIT professor he actually works for the Research Laboratory of Electronics at MIT, and same is entirely funded by the Pentagon and a few multinational corporations.

His first book, “Syntactic Structures,” was written with grants from the US Army (Signal Corp), the Air Force (Office of Scientific Research, Air Research, and Development Command), and Office of Naval Research.

A Professor of Linguistics, Chomsky is vital to the air force and others to improve their “increasingly large investment in so-called ‘command and control’ computer systems” that were being used in Vietnam. Since the computer cannot ‘understand’ English, the commanders’ communications must be translated into a language that the computer can use. http://www.whatnextjournal.co.uk/Pages/back/Wnext26/Chomsky.html

A self-described admirer of the Black Panthers, who says that intellectuals must combat ‘all forms of racism,’ and complains that America excluded blacks from large parts of the country, owns a home in a town with a black population of 1.1% Bill Frezza, “A Lion in Winter,” The Tech (MIT student newspaper), February 20, 2004

In response to U.S. declarations of a War on Terrorism in 1981 and the redeclaration in 2001, Chomsky has argued that the major sources of international terrorism are the world's major powers, led by the United States. Politics of Noam Chomsky

Chomsky praised the North Vietnamese for their efforts in building material prosperity, social justice, and cultural progress. He also went on to discuss and support the political writing of Le Duan. [-Pacific Daily Report of the U.S. government's Foreign Broadcast Information Service, April 16, 1970, pages K2-K3]

Chomsky was one of the chief deniers of the Cambodian genocide of the 1970s, which took place in the wake of the Communist victory and American withdrawal from Indochina. He directed vitriolic attacks towards the reporters and witnesses who testified to the human catastrophe that was taking place there. Initially, Chomsky tried to minimize the deaths (a “few thousand”) and compared those killed by Pol Pot and his followers to the collaborators who had been executed by resistance movements in Europe at the end of World War II. By 1980, however, it was no longer possible to deny that some 2 million of Cambodia's 7.8 million people had perished at the hands of the Communists. But Professor Chomsky continued to deny the genocide, proposing that the underlying problem may have been a failure of the rice crop. As late as 1988, Chomsky returned to the subject and insisted that whatever had happened in Cambodia, the U.S. was to blame.

This conclusion is the principal theme of what may be loosely termed Chomsky's intellectual oeuvre: Whatever evil exists in the world, the United States is to blame. His intellectual obsession is America and its “grand strategy of world domination.” In 1967 Professor Chomsky wrote that America “needed a kind of denazification.” The Third Reich has provided him with his central metaphor for his own country ever since.

The Soviet dictatorship was not only "morally equivalent" to democratic America, in Chomsky’s view, but actually better because it was less powerful. The chief sin of Stalinism in his eyes was not the murder of millions, but the fact that he had given socialism a bad name. Discover the Networks | Noam Chomsky

 

[georgephillip]

The reason for the Depression was FDR's plan to obviate the Constitution through a dire economic crisis.



Stop lying.

When did "the Depression" begin, before or after FDR took office?

The Great Depression.

"The longest and deepest downturn in the history of the United States and the modern industrial economy lasted more than a decade, beginning in 1929 and ending during World War II in 1941."

 

[PoliticalChic]

What is a Recession?​

A recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region. It had been typically recognized as two consecutive quarters of economic decline, as reflected by GDP in conjunction with monthly indicators such as a rise in unemployment. However, the National Bureau of Economic Research (NBER), which officially declares recessions, says the two consecutive quarters of decline in real GDP are not how it is defined anymore. The NBER defines a recession as a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Recession: What Is It and What Causes It

A recession is a significant decline in economic activity that lasts longer than a few months.

www.investopedia.com

 

[PoliticalChic]

Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), First Quarter 2022. Real gross domestic product (GDP) decreased at an annual rate of 1.5 percent in the first quarter of 2022 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis.May 26, 2022
Gross Domestic Product (Second Estimate) and Corporate ...
https://www.bea.gov › news › 2022 › gross-domestic-pro...



Recalculated to 1.6%


And Democrats did this to America:

Demorat's first moves:

• . Revoke permit for Keystone XL pipeline, pause energy leasing in ANWR, obviating Trump’s success in making America energy independent, effectively rewarding our enemies, Russian and Iran.

Revoke certain executive orders concerning federal regulation



This is the target, Trump’s removing of regulatory ‘red tape.’ "Trump kills 16 regulations for every new one, crushing 2-for-1 goal"
Trump kills 16 regulations for every new one, crushing 2-for-1 goal

Most regulations are, in terms of what they are alleged to do, are actually there to be bribed away by the industries that they inhibit.
The pols write them, the corporations pay lobbyists to bribe the pols to insert loopholes....
....hence poor men come to Washington to do good, and leave as millionaires, having made good.
Trump is a threat to the sort of bribery that make Biden rich.



It is the major reason Trump’s economy was so successful but restricted the opportunity for politicians to demand bribes for writing ‘helpful’ regulations. So Biden, the textbook example for bribery, must eliminate the Trump policy.




Democrats shut down the Trump miraculous economy to unseat Trump.....then created inflation with the bogus Wuhan spending.

The inflation rate in Trump's last year....1.4%

US Inflation Rate by Year: 1929-2023​

The U.S. inflation rate by year is the percentage of change in prices from one year to the next. It responds to business cycle phases and interest rates.

www.thebalance.com

COVID Stimulus Checks Worsened Inflation - Reason Magazine​

https://reason.com › Law & Government › Congress
COVID Stimulus Checks Worsened Inflation · Four economists at the Federal Reserve say America's high rate of inflation relative to the rest of ...





You voted Democrat??
Then you are responsible.

 

[PoliticalChic]

By now anyone with two, cerebral neurons to rub together knows that Democrats lie about everything.


Sooooo....when you hear that Democrat Inflation is 8.3% , keep your eyes open to figure out the real inflation.....


For example...

July 4 BBQ 17% More Expensive Due to Inflation, Supply ...​

https://www.yahoo.com › video › july-4-bbq-17-more-...
2 days ago — Two pounds of boneless, skinless chicken breasts, $8.99 (+33%). · Thirty-two ounces of pork & beans, $2.53 (+33%). · Three pounds of center cut ...

July 4 cookout costs 17 percent higher this year - The Hill​

https://thehill.com › enrichment › arts-culture › 353851...
3 days ago — July 4 cookout costs 17 percent higher this year. Americans will pay about $69.68 for an Independence Day cookout this year.

Cost of July 4th Cookout 17% Higher Compared to Year Ago​

https://www.fb.org › newsroom › cost-of-july-4th-cook...
3 days ago — U.S. consumers will pay $69.68 for their favorite Independence Day cookout foods, including cheeseburgers, pork chops, chicken breasts, ...



Yup......Democrat Inflaton is up between 17% and 33%.




Who'd you vote for?????