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STOP THE FEAR MONGERING



 
 
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Old March 3rd 09, 11:47 PM posted to rec.bicycles.racing
Howard Kveck
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Posts: 3,549
Default STOP THE FEAR MONGERING

In article ,
"Tom Kunich" cyclintom@yahoo. com wrote:

"Bill C" wrote in message
...

Noone is buying that the actions so far are going to stabilize or fix
the situation, or that there is a long term plan in place. He's
generating no confidence at all from the people in the markets,
business, or the general public by the current approach.


It's worse than that. Remember that Roosevelt's playing with the market
extended the depression for perhaps 8 years longer than it would have lasted
without his efforts.


That is a Republican myth, no two ways about it. If unemployment was at 24.9% in
1929, when FDR took office, and had dropped to 9% by 1937. At that time, FDR listened
to the bankers and slowed the projects that stimulated the economy and started to
work on balancing the budget. That lead to the Recession of '37.

http://en.wikipedia.org/wiki/File:GDP_depression.jpg
http://en.wikipedia.org/wiki/File:US...20_to_1940.svg

Yeah, those graphs certainly show that FDR's policies made the Depression "8 years
longer than it would have lasted without his efforts." Lame-o.

Hate to say it to Tom , but Madoff was reported to the SEC as early
as 2001 and nothing was done, the trail of existing laws and
regulations not being enforced, and the government willfully failing
to follow the law ran all through Bush's administration. Wouldn't you
call that destroying our system of government?


You know, I complained about him from the start since he was obviously a
Liberal despite having run as a Conservative.


Hahahahahahahaha! There's no proof of that based on your posts in this group. Holy
crap, what a liar Tom Kunich is. Yep, it's the old "Conservatism never fails, it can
only *be* failed" line. I agree that Bush wasn't really conservative - he was
actually pretty radical - but he sure as hell was not "Liberal."

--
tanx,
Howard

Caught playing safe
It's a bored game

remove YOUR SHOES to reply, ok?
 




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