Author Topic: Dumb**** kentuck - we're going to cause the next great recession  (Read 1648 times)

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Offline BadCat

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Dumb**** kentuck - we're going to cause the next great recession
« on: December 13, 2016, 12:26:47 PM »
Quote
kentuck (77,651 posts)

Eighty-seven years ago...

The business of America was business. The Republicans had taken control of all the branches of government. People were borrowing money to invest in the euphoric stock market. The masters of the universe were in charge.

Then, the stock market crashed. And so did the buoyant Republican Party. As some people sold pencils and apples on the street corners, still others stood in soup lines as they frantically searched for a job. Some, that were better off, lost everything in the stock market crash and jumped to their deaths from tall buildings.

President Coolidge urged everyone to be patient and everything would be better in a year or two? Harry Hopkins reminded him that people did not eat every "year or two" but every day. These times brought the rise of FDR and the New Deal. It was also the birth of the modern Democratic Party.

It appears that we may have returned to those times. The masters of the universe are back in charge. The Republicans are back in charge of everything. The stock market is soaring.

What happens next?

WE make lots of money.
YOU starve to death in the cold and dark.
Clear enough?

http://www.democraticunderground.com/12512654573
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Offline BlueStateSaint

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Re: Dumb**** kentuck - we're going to cause the next great recession
« Reply #1 on: December 13, 2016, 12:35:42 PM »
WE make lots of money.
YOU starve to death in the cold and dark.
Clear enough?

http://www.democraticunderground.com/12512654573

You forgot one step, BC . . .

WE  :yahoo: :yahoo: :yahoo:

 :-)
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Online Carl

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Re: Dumb**** kentuck - we're going to cause the next great recession
« Reply #2 on: December 13, 2016, 12:55:08 PM »
President Coolidge huh?

Offline Karin

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Re: Dumb**** kentuck - we're going to cause the next great recession
« Reply #3 on: December 13, 2016, 12:55:48 PM »
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rsdsharp (611 posts)
4. Herbert Hoover was president in October 1929 at the time of the

crash. Calvin Coolidge's term had ended on March 4 of that year.

He can't get anything right. 

Offline USA4ME

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Re: Dumb**** kentuck - we're going to cause the next great recession
« Reply #4 on: December 13, 2016, 01:01:51 PM »
So he changed it to read ...

Quote from:
President Hoover urged everyone to be patient and everything would be better in a year or two?

Quotes are interchangeable, as is the truth.

.
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Offline SVPete

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Re: Dumb**** kentuck - we're going to cause the next great recession
« Reply #5 on: December 13, 2016, 02:33:38 PM »
So he changed it to read ...

Quotes are interchangeable, as is the truth.

Did he have the minimal humility to acknowledge his anachronistic error? Or did he just edit it silently?

He also implied that Hoover did nothing to try to bring the Depression to and end, but only FDR "did something". Reality is quite different, however. Hoover engineered huge government intervention; FDR's campaign was that Hoover didn't do ENOUGH. Unemployment in the Great Depression stayed high until 1938-39 - when the twin realities of Hitler and Tojo hit the fan in DC - in the middle of FDR's second term. It was certainly an unintended and unanticipated consequence, but it could justly be said that Hitler and Tojo: did far more to get the US out of the Great Depression than all of FDR's "New Deal" programs combined; may have saved the US from a double-dip depression.


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Offline Adam Wood

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Re: Dumb**** kentuck - we're going to cause the next great recession
« Reply #6 on: December 13, 2016, 03:18:28 PM »
That doofus apparently didn't bother looking at the financials for the last eight years.  The stock markets are soaring, and Hillary donors have profited quite nicely from the destruction of U.S. currency "quantitative easing."  The rest of the country, not so much.

Idiot.

Offline jukin

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Re: Dumb**** kentuck - we're going to cause the next great recession
« Reply #7 on: December 13, 2016, 03:29:56 PM »
President Coolidge huh?

Beat me to that.

Thank goodness the Nazis bombed Pearl harbor and Truman could get the economy going again.
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