FDR, you remember, was faced with a momentous systems failure, a crisis we came to call the Great Depression. I’m not sure we actually learned the lesson of that, despite thousands of books and PhD dissertations on the subject. The lesson: financial systems tend to expand and complexify at a more rapid rate than the larger economic systems of which they are a component. Their abstract operations seek to hide risk in hyper-complexity until hazard comes a’callin’ and then you discover that the actual money is not there.
-Murray
Jimmy Carter was 100 times better than biden
ReplyDeleteIt was FDR's policies which greatly exacerbated an otherwise mild depression. There had been more serious depressions, like 1912 and 1922, but the stooge wasn't in office then.
ReplyDeleteI don't recall where, but I have read that in more than one place, that the things FDR did actually made it worse, and longer.
DeleteBut they worked out really, really, really well for me and mine. That's what waas important.
Delete- Zombie FDR
Clusterfuck nation is always worth a read. Kunstler is a very perceptive bloke.
ReplyDeletePoliticians already have a problem with their ego size being inversely proportional to their ability. Today's bumper crop take that to the extreme, so we get to live in interesting times.
ReplyDeleteThe only way that FDR was able to claim that he got the nation out of the Great Depression was by forcing us into the second world war. All of those claims that you have heard of our sonar operators hearing the Japanese Air Force coming? Yeah, those were true. The reason that Japan even attacked the U.S., was because of the U.S. influence on China and the Rape of Nanking, which we forced Japan to undertake, through subversive means, and which ultimately led to the Japanese attack on Pearl Harbor.
ReplyDeleteThe Japanese didn't continue on to California because, as many have heard, they knew that they would find a gun behind every single blade of grass once they reached the U.S. mainland.
FDR was a POS, who was only concerned about himself and his legacy. His New Deal was the biggest Ponzi Scheme ever considered, and implemented, which now is his legacy, all right. For his party, it is a point of pride. For anyone who cares about our national debt, it is a source of anger, and of sorrow for what we leave to our coming generations. One piece of advice, don't discuss FDR with a Democrat. If you make a mistake, and tell them the truth about him, they will get very pissed. The same thing goes for Abe Lincoln, if you tell some of the BS moves made by him, the left tend to get pissed off, also. Like putting news writers into jail for the entire length of the civil war is just fine with them. Or taking control of newspapers is also fine and dandy. Forcing a state that willingly signed on to becoming part of the nation, to remaining part of that nation, seems like it should be wrong to me, but hey, Lincoln gets credit for doing just that, so it must be ok with most people.