Chris Matthews: Roosevelt 'Saved Capitalism in the 1930s'
Chris Matthews on Thursday claimed Franklin Delano Roosevelt saved capitalism in the 1930s.
This deliciously came during a "Hardball" segment wherein he mocked the intelligence of Tea Party members saying they "need to read history, and especially Michele Bachmann" (video follows with transcript and commentary):
CHRIS MATTHEWS, HOST: By the way, who saved capitalism in the 1930s?
CLARENCE PAGE, CHICAGO TRIBUNE: Oh yeah, socialism comes in…
MATTHEWS: FDR.
PAGE: …and saves capitalism.
MATTHEWS: FDR. FDR. Hoover wasn’t doing a very good saving capitalism. It was Roosevelt that I thought did it, and the war.
PAGE: Oh yeah.
MATTHEWS: But Roosevelt really kept it on its feet till the war came.
PAGE: It doesn’t hurt to put more money into the economy when you got a recession. It’s very simple.
MATTHEWS: Yeah, I think the Tea Party people need to read history, and especially Michele Bachmann take a look into…
PAGE: I’ll read it to them.
MATTHEWS: …the founding of our country first.
The idiocy and/or dishonesty on display here was staggering, for FDR's New Deal marked the beginning of socialism in this country and the deterioration of capitalism.
Highlights were the Wagner Act which promoted labor unions, the Works Progress Administration which used tax dollars to hire employees for public works programs, and of course Social Security.
Roosevelt was also responsible for numerous pieces of legislation that regulated industry which irrespective of their success or failure were by no means pro-capitalism.
As for FDR keeping capitalism "on its feet till the war came," despite all the billions of dollars he threw at the problem, unemployment was still at 17.2 percent at the end of 1939.
That's hardly capitalism "on its feet."
Yet this guy has the nerve to criticize Michele Bachmann and the Tea Party for their understanding of history.
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Comments
Wow.
Submitted by HockeyKid on Thu, 08/04/2011 - 7:06pm.
Even the most leftist economists (maybe not Krugman, but...) are admitting that Keynesian theory is dead at last. But not Tingles, no, no.
FDR saved capitalism like Karl Marx saved Christianity. The very idea is insane.
"Beauty is only skin deep, but liberal's to the bone." - me
Roosevelt and his supporters
Submitted by redfish on Thu, 08/04/2011 - 9:07pm.
Roosevelt and his supporters at the time did argue that they were saving capitalism, saving it from itself. FDR hated socialists like Huey Long, saying he (next to MacArthur) "was one of the two most dangerous men in America." He saw SS as a reform in a capitalistic system, and a way to stem the rise of radicals like Long. Remember, that when Social Security was started, it was understood to be a much smaller portion of the budget than it is today.
Conservatives still have an argument that the New Deal didn't save the economy. Matthews is still buying the party line "FDR saved the world". But the fact that FDR really didn't believe in wealth redistribution could be actually used as an argument against many modern-day progressives.
Matthews is Parotting Europea Marxists History Professors
Submitted by Avitar on Fri, 08/05/2011 - 3:38am.
This was a very popular hope in Marxist circles in Europe in the 1930's that the United States would have a Marxist revolution as Russia had in 1918. When FDR and his band of immagrant socialists stopped form short of the purges that Lenin and Stalin carried out in Russia the European narative was that if must be because FDR was trying to save Capitalism!
Any one on this Contenent would have notice the high gun ownership unlike the unarmed farmers and merchants that Stalin slaughted in Russia. They would have also recognized that the US Army with the exception of the Civil War did not make a habit of murdering citizens or herding them into prison camps when ordered to. FDR had to build up the FBI for that.
All of the repairs of American Capitalism that took place while FDR was still alive were the work of General Marshal and the War Production Board who took over running the country for the sick old man even before Dec, 7, 1941.
FDR was a founding father? Of what?
Submitted by drsamherman on Thu, 08/04/2011 - 7:10pm.
My favorite Archie Bunker quote: "We didn't know he was going to hold on to the job like the Pope!"
Dr.
Submitted by Noel Sheppard on Thu, 08/04/2011 - 10:52pm.
Dr.,
Sweet. Archie was my hero! ns
It makes sense.
Submitted by Bob K on Thu, 08/04/2011 - 7:15pm.
Matthews and the rest of the Obama cheerleading squad will be spouting support for the current Clown-in-Chief even if the unemployment rate in the U.S. reaches 20%. They will just point to his "good intentions".
Was this before or after they
Submitted by Slyrr on Thu, 08/04/2011 - 7:24pm.
Was this before or after they had their interview with the guy who studies drug addicts declare that the tea party were all drug addicts?
Same story made the liberal rounds
Submitted by TheHistorian on Thu, 08/04/2011 - 7:43pm.
about GW Bush, that a psychiatrist studied his eyes and determined he was a coke addict. Liberals like these should be relieved of their credentials, just like the frauds that claim that "AGW" is settled science. Hell, they can't even prove that gravity will exist tomorrow, much less AGW.
Dennis Prager
Speaking as a psychiatrist...
Submitted by drsamherman on Thu, 08/04/2011 - 7:58pm.
...there is no way under the sun that any psychiatrist could diagnose cocaine addiction/dependence simply by looking at someone's eyes. That sounds just like the type of uncorroborated trash that MSNBC promotes purely for a political agenda.
Any lurking liberal who chooses to doubt this may check the generalized substance abuse/dependence criteria in DSM-IV at http://www.sis.indiana.edu/DSM-IV-Criteria.aspx - and I would add that laboratory tests to confirm the existence of the major metabolite (called benzoylecgonine) of cocaine in a hair, blood or urine sample would also be required to confirm the diagnosis.
This misuse of medical science is beyond disgusting.
drsam...Query:
Submitted by Jer on Thu, 08/04/2011 - 11:08pm.
In your opinion, is there any way under the sun that a US President can peer into the eyes of a former KGB operative, see his soul, and divine therefrom the latter is trustworthy and straightforward?
Thanks...
Jer
Lay off the Cisco. It is time for bed.
Submitted by The Vet on Fri, 08/05/2011 - 1:00am.
Did the President of the United States claim to be a psychiatrist when he said that and/or claim to be making some kind of diagnosis? Cuz I kinda thought that was the thrust of the subthread.
I don't think he technically claimed to be one, Vet...
Submitted by Jer on Fri, 08/05/2011 - 1:07am.
I think he just casually slid into the role of psychiatrist/mystic opthamologist/soul detector dude.
Jer
I'm pretty sure it was
Submitted by Dan The Man 2 on Fri, 08/05/2011 - 1:18am.
I'm pretty sure it was colorful language, metaphorical saying that he could be trusted. Probably not a lot but more than others.
Really?
Submitted by The Vet on Fri, 08/05/2011 - 1:28am.
Psychiatry deals with peering into souls? Can we get an official diagnosis that appears in Grey's Big Book of Psychiatry that mentions the word soul?
I don't know about Grey's....
Submitted by Jer on Fri, 08/05/2011 - 1:46am.
but there's always Wiki:
Psychiatry is the medical specialty devoted to the study and treatment of mental disorders. These mental disorders include various affective, behavioural, cognitive and perceptual abnormalities. The term was first coined by the German physician Johann Christian Reil in 1808, and literally means the 'medical treatment of the mind' (psych-: mind; from Ancient Greek psykhē: SOUL; -iatry: medical treatment; from Gk. iātrikos: medical, iāsthai: to heal). A medical doctor specializing in psychiatry is a psychiatrist. [my emphasis]
Dude. Lame.
Submitted by The Vet on Fri, 08/05/2011 - 1:55am.
You need to go to the root of a word? Seriously?
Origin of LAME
Middle English, from Old English lama; akin to Old High German lam lame, Lithuanian limti to break down
First Known Use: before 12th century
Someone is having a breakdown all right.
The Vet graciously gave me a freebie the other day.
Submitted by Jer on Fri, 08/05/2011 - 2:08am.
I'll return the favor.
Uncle Jer
until next time, Vet...
Ever here the term
Submitted by Boudin on Fri, 08/05/2011 - 8:49am.
Hold your friends close, and your enemies closer. Bush said exactly the correct thing when evaluating an adversary.
The current Admin actually has commies in it, and I dont think the left cares one bit. But let Bush say he can trust one, and the left breaks out the torches and pitchforks, as if they care.
Boudin---
Submitted by matthewdean on Fri, 08/05/2011 - 9:49pm.
Damn straight, bro.
Whuts that there word agin; hypoco sumthin' or other - hypocrazy, is it? :o)
MD
Let me put in like this, guys:
Submitted by Jer on Fri, 08/05/2011 - 11:12pm.
Putin was K..G; B-dazzled Bush.
Jer
We are fully aware of that.
Submitted by The Vet on Sat, 08/06/2011 - 12:03am.
Still did not have him making a medical diagnosis based upon examining his eyes for pupil dilation, light response, twitching or whathaveyou.
The point being people whipping out their doctor's degree and saying Bush was mentally handicapped by addiction and/or withdrawal. Or trolls and/or members of the MSM pointing to the people with doctor's degree making a diagnosis without ever being in the room with the President.
Did not even touch the idiots that claim he was stupid because his brain was altered. A leftist meme that was brought here over and over and over.
We don't like the current President but you will not see any of the serious posters here claiming President Obama is making poor decisions because of his prior drug/alcohol use.
And if alcohol can do that much damage to your brain, well then, it is a wonder The Vet, matthewdean, and Uncle Jer can manage to find the proper keys on a keyboard. Now where is that dang Ef key? I got an expletive for Uncle Jer iffen I can ever find it.
Who were the posters that brought the Bush/alcohol claims to
Submitted by Jer on Sat, 08/06/2011 - 12:57am.
NB, Vet?
BTW...I've seen more than a few comments relating to this...at least the drugs and Sinclair allegations..
PS...I ruined my little KGB joke by putting "was" in the sentence. It doesn't make any sense.
Sure dont
Submitted by Boudin on Sat, 08/06/2011 - 1:01am.
Still dont?
Boudin...
Submitted by Jer on Sat, 08/06/2011 - 1:05am.
I think you have said or at least thought that regarding just about every comment I've posted the past four years.
Jer
Thats what I was thinkin
Submitted by Boudin on Sat, 08/06/2011 - 1:16am.
Sure hope folks dont start thinkin ill of you
Banned trolls.
Submitted by The Vet on Sat, 08/06/2011 - 1:04am.
Villabollo since the new newsbusters changeover.
As to your "comments related to this...." Never heard it from me.
And you never heard anything about Bush and alcohol from me.
Submitted by Jer on Sat, 08/06/2011 - 1:06am.
Jer
Seems to me, it depends on wether were talking
Submitted by Boudin on Sat, 08/06/2011 - 1:29am.
About your drinkin or his?
Well, I don't drink, and I believe Bush stopped drinking long
Submitted by Jer on Sat, 08/06/2011 - 1:33am.
ago, and since I've never alluded to his drinking anyway--unless it was to commend him for quitting--I have absolutely no idea what you are talking about...and suspect that neither do you.
Jer
Sorry
Submitted by Boudin on Sat, 08/06/2011 - 1:36am.
I mis-spoke,
: ] see smile face
Yes.
Submitted by The Vet on Sat, 08/06/2011 - 1:45am.
But you came in with the Bush quote about looking into Putin's eyes and seeing his soul or whatever it was in response to a bogus diagnosis of coke addiction based upon looking at his eyes. Which drsamhermann dismissed as a bogus diagnosis.
My point was similar to the point first made before you sidetracked it with non-diagnosing soul-talk.
Vet...
Submitted by Jer on Sat, 08/06/2011 - 1:57am.
If I had known this would develop into such a lengthy and contentious discussion I would never have posted my earlier comment. The Historian asked drsam about whether it was possible to look into the eyes of someone and diagnose cocaine usage. I followed that up with what I thought was a light-hearted, harmless reference to Bush's looking into Putin's eyes and seeing his soul. I didn't intend it to be controversial or disrespectful of George Bush--or to trigger a debate about his alleged and Obama's admitted past drug use.
Can we please move on to something else, please sir?
Jer
I was thinking the same thing.
Submitted by The Vet on Sat, 08/06/2011 - 2:13am.
Maybe I took a light hearted Uncle J post not so lightheartedly. But it was off topicly nontopical M
Mister!
I'll assume my portion of the blame, Vet....
Submitted by Jer on Sat, 08/06/2011 - 3:20am.
but will you please explain how and why a blog about FDR, Capitalism, and the New Deal veered off into an inquiry to drsam regarding diagnosing drug usage via an eye exam? I had nothing to do with that.
Jer
Ah.
Submitted by The Vet on Sat, 08/06/2011 - 3:25am.
We milked this far enough. On to the bragging basking accolade showered booming gleeful posts elsewhere.
True...and have already attended to the latter.
Submitted by Jer on Sat, 08/06/2011 - 3:30am.
Goodnight, Vet...
U J
Jer
Submitted by Michael30 on Sat, 08/06/2011 - 12:55am.
Jer,
At the time, the Russians had a mutual enemy in radical Islam. They had the Chechnyan situation as well as several economic and political strifes that, at the time, were in our best interests to co-operate with.
They allowed us (without too much yapping) to use former airfields of the Soviet Union to conduct our operations in Afghanistan.
We didn't exactly see eye to eye with old Uncle Stalin, but we paid lip service to him and equipped him in WWII to defeat Hitler and to a lesser extent, Hirohito.
It's an odd thing to have to basically, verbally, kiss the posterior of a thug and murderer, but it is sadly all to necessary when confronted by the likes of the people we are currently dealing with.
Soviets didn't much mind croaking their own people, but they themselves wanted to live in all the luxury that socialism provides. The current crop of enemies we both face, seem to have a little different frame of mind.
If you are under the impression that President Bush felt that way (and I'm pretty sure you aren't, I've talked to you before and you are an intellegent man,) then you are mistaken. It's the language of diplomacy, like when our senators say "My friend from across the aisle..." and then basically call them racists, sexists, homophobes, communists, fascists, oh Hell, everything other than Moby Dick himself. It's just how things are done in international and domestic relations.
Mike
Mike...
Submitted by Jer on Sat, 08/06/2011 - 1:02am.
I understand. I agree with you. But, let's face it: GWB did open himself up for some serious ribbing as a result of that episode. Do you think for one second Obama wouldn't have been unmercifully roasted if he had been the one making the statement instead of Bush?
Jer
By who
Submitted by Boudin on Sat, 08/06/2011 - 1:31am.
The same press that is defending his over-all failures?
Jer
Submitted by Michael30 on Sat, 08/06/2011 - 1:41am.
I'll agree with you on that one, President Bush did open himself up to criticism on that one, however I haven't and I wouldn't bash President Obama for saying likewise. Jer, you and I know he has to kiss quite too much "upper back thigh" in international relations, like bowing to sheiks, appologizing to corrupt Pakistani's and a sad bunch of other crap. No, I give the guy a pass on the crap he has to do, but when he (or anyone else) tries to say that this nation has muslim or islamic ties, I get a bit disgusted.
I never once heard about the suicide bombers at Bunker Hill. Perhaps my book was a bit out of date though.
I do understand your point, but seriously, some people will never accept President Bush as others will never accept President Obama (God, that one hurt just a bit...)
That's just gonna happen, all the way from stolen elections to creepy muslim infiltrator president, but as citizens, we gotta keep a level head.
Well, that, or just go ape-shi* on eachother with wooden clubs and see who survives.
-
Mike
The Truth Is
Submitted by HardRightTurn on Thu, 08/04/2011 - 7:28pm.
America is too big to bail. Not all the taxes in the country can save us from economic meltdown. It's just a matter of time before Obama can declare "mission accomplished".
To more fully comprehend the Left, one must read “Leftism As Psychopathy” by John Ray, M.A., Ph.D. Caution, it might scare you a little bit.
http://jonjayray.tripod.com/psycho.html
I guess liberals really don't know much about history
Submitted by GRPruitt on Thu, 08/04/2011 - 7:31pm.
Every once in a while Obama will drop a line about history that shows how uninformed he really is. After hearing Matthews, I have to assume that liberals in general don't know or don't care to know much about history.
You would think that people who spend half the day telling the rest of us how racist, stupid and incapable of taking responsibility for our own lives we are would spend a little more time informing themselves instead of parroting conventional liberal wisdom.
One of the most delightful stories I know about liberals
Submitted by TheHistorian on Thu, 08/04/2011 - 7:39pm.
is the one where the erudite Adlai Stevenson died, and they entered his home. The only book they found near his bed was the social register. Sure sounds like most of the liberals and RINOs of which I know.
Dennis Prager
Of Course
Submitted by JustAl on Thu, 08/04/2011 - 7:32pm.
Anyone who looks at the FDR years objectively knows he did more long term harm to the US than Tojo and Hitler combined. He is the one who sewed the seeds of cancerous socialism.
http://whatreallyhappened.com/WRHARTICLES/pearl/www.geocities.com/Pentagon/6315/fdr.html
Chrissy and Clarence, sitting on stump.
Submitted by UpNorth on Thu, 08/04/2011 - 7:33pm.
if their IQ's were watts, they couldn't light a 20 watt bulb, between the two of them.
FDR a founding father? The only thing either of them got right in this little exchange, was when Page admitted that FDR did, indeed, bring socialism into the mix.
Tweedledum
Submitted by TheHistorian on Thu, 08/04/2011 - 7:37pm.
and Tweedledumber had the show today. THEY should read history; most economists AND HISTORIANS (other than the Goodwin woman) agree that Roosevelt was bad for this country. What kept him in for 3 terms was a media that was totally sycophantic, and his ability to deliver radio broadcasts. Sound familiar, anyone? History DOES repeat itself, especially for those who don't study it..
Dennis Prager
And Matthews claims to know history?
Submitted by Galvanic on Thu, 08/04/2011 - 7:37pm.
I listened to this dialogue on my way home this evening, and I almost had to pull off the road to finish laughing.
CHRIS MATTHEWS, HOST: By the way, who saved capitalism in the 1930s?
CLARENCE PAGE, CHICAGO TRIBUNE: Oh yeah, socialism comes in…
MATTHEWS: FDR.
PAGE: …and saves capitalism.
In the United States, hundreds and hundreds of banks failed during the New Deal. To our north, not one Canadian bank failed, but then ,they had no equivalent to the New Deal.
MATTHEWS: FDR. FDR. Hoover wasn’t doing a very good saving capitalism. . .
Hoover began government intervention before he left office. It was disasterous. FDR expanded the intervention.
MATTHEWS: . . . It was Roosevelt that I thought did it, and the war. . . .
"and the war!" So, the answer to who saved US capitalism is: Adolf Hitler.
MATTHEWS: But Roosevelt really kept it on its feet till the war came.
So, the progressive solution to a depression is to keep borrowing and spending until the next war comes along? Why not just cut to the chase and declare war now?
PAGE: It doesn’t hurt to put more money into the economy when you got a recession. It’s very simple.
Earth to Moonbat Page. Rewind your 8-track to 2009 and hit PLAY. We've been there, bubba.
MATTHEWS: Yeah, I think the Tea Party people need to read history, and especially Michele Bachmann take a look into…
PAGE: I’ll read it to them.
I think you both need a to read some history.
What ended up as the genuine hoot on this show was Matthews' claims that the Tea Party was dictating its will to the American majority and would keep cutting government until it destroyed the nation. working on the assumption that cutting government spending does not helpt the economy, Matthews' declared that the Tea Party would keep cutting and cutting and when that failed, they would claim that it was because we didn't cut enough. Matthews said that excuse was the very mark of ideologues -- repeating something over and over again despite the failure to produce.
Not more than a couple of minutes later, Matthews and his guests promoted more stimulus spending, explaining that the first stimulus (you might have guessed it) was not enough. Ideologues?
Given the flat tire that were
Submitted by jdhawk on Thu, 08/04/2011 - 7:44pm.
Given the flat tire that were the markets today, perhaps this is an apt topic for "tingles" to bring up, but not the reasons he gives us.
In any event, the book that best explains why liberals are wrong in general and "tingles" in particular about FDR and his socialist programs is Jim Powells's FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression.
Here is one reviewer's take on Amazon's web site:
"A common historical misconception is that FDR's New Deal rescued the United States from the Great Depression. However, Cato Institute Historian Jim Powell argues that the New Deal exacerbated and elongated the Great Depression. With impressive attention to detail, Powell examines the long-term results of the New Deal and persuasively argues that they crippled the U.S. economy.
In this detailed book, you will learn about the numerous programs the FDR administration brought about, including the following:
* Programs that inundated private businesses with unprecedented waves of regulations, such as the Agricultural Adjustment Administration, the National Recovery Administration and the Securities and Exchange Commission.
* Programs that redistributed wealth from producers to consumers, such as the Federal Emergency Relief Act and the Reconstruction Finance Corporation.
* Programs that nationalized industries, centrally planned infrastructure or created make-work projects to increase employment such as the Civilian Conservation Corps, the Public Works Administration and the Tennessee Valley Authority. Powell argues that these programs typically led to poorly planned infrastructure that was more expensive than what could have been acquired in a free market.
The economic results of FDR's programs were devastating. For example, consider the Agricultural Adjustment Administration (AAA). The price and production controls of the AAA led to perverse practices such as millions of tons of domestic oat and corn being burned while the U.S. simultaneously imported oat and corn, millions of peaches being left to rot and millions of "excess" pigs being needlessly slaughtered while lard was being imported from overseas. The extent of economic regulation under the FDR Administration reached such absurd levels, there was even a government board organized solely to control the production and pricing of milk!
This book will also detail the oppressive controls on income and wages under the FDR administration. Under FDR, scores of private sector jobs were eliminated through minimum wage laws, personal income taxes hit 79% for certain brackets and how government spending during FDR's first two terms exceeded the total amount of Federal spending in the prior history of the United States.
Powell reveals how all of FDR's programs are based upon the fatally flawed premises of Keynesian economics, including the following:
* That government spending is always good for the economy, even if it is engaging in pointless ventures such as building pyramids.
* War is good for the economy.
* Gold (as a standard of currency) is a "barbarous relic" that prevents economic growth.
* A capitalist economy will inevitably slow to a halt without periodic bolsters from centralized planning.
* Consumption (i.e., the destruction of wealth) not production, drives the economy. Thus, government should redistribute wealth from those who would invest it to those who would spend it.
From reading this book, you will also learn that many of FDR's earliest programs, such as the AAA and the National Recovery Act, were originally ruled as unconstitutional by the U.S. Supreme Court. Unfortunately FDR stayed in office long enough to appoint 7 of the 9 sitting supreme court justices, which eventually opened the floodgates for New Deal reforms. Thus, is the unforeseen danger of having a President serve more than two terms.
Powell has done a fantastic job with this work. I am not surprised that FDR's Folly has been enthusiastically recommended by famed free market economists such as Milton Friedman and Thomas Sowell. I highly recommend this book for anyone interested in free market capitalism and learning the real history of the Great Depression."
The sad truth is that O'bummer has followed the FDR script almost to the letter. I hope that the November 2012 election and the defeat of O'bozo isn't too late to save our economy
Raw Deal
Submitted by FaulknerFan on Thu, 08/04/2011 - 9:55pm.
Another great book on FDR is "New Deal or Raw Deal" by Burton Folsom. He shows how Roosevelt used the New Deal money as a slush fund to reward supporters and punish adversaries. For instance a relatively small amount of the money went to the southern states regardless of the fact they they had some of the biggest problems because they were solid supporters of FDR already. Significantly more went to swing states where the race was close, especially near election time. Sound familiar? Also FDR used the New Deal to start Federal grants to states, again as a way to buy allegiance and votes. Some states refused the money initially on the grounds that it was undermining the independence of the states but these politicians were soon voted out of office as the people in the states not getting the money saw how much their neighbors were getting. FDR was elected four times not because he was so popular but because he bought the election with taxpayer money. Seems to me Obama has studied the FDR playbook and is trying to replicate it.
That is but one part of it
Submitted by Unsane on Thu, 08/04/2011 - 10:56pm.
It didn't hurt that his opposition pretty much sucked...
"CONSUMED DEMOCRACY RETURNS A SOCIALIST REGIME" - Slayer, "Fictional Reality", from Divine Intervention (1994)
FF, thanks for the
Submitted by jdhawk on Fri, 08/05/2011 - 12:52am.
FF, thanks for the recommendation. That adds a piece to the puzzle of FDR's "popularity." It also highlights why almost as soon as FDR died and the war ended, Congress set about passing and sending to the states for ratification what became the 22d Amendment to our Constitution that limits the terms of the presidency to two.
"tingles" has brought this subject of FDR up before. FDR must know doubt be one of his personal heroes. However, he always fails to mention all the "love" for FDR in light of almost immediate action on the part of the American people after his death to ensure that we never ever have a president with as much power again.
Anecdotedly, my grandmother was enamored of FDR and thought he could do no wrong. She was a dimocrat until her dying day. I was too young to know any better when she was alive. I am sure that if I had brought up anything like what Powell has written, she would have probably disowned me! lol
Everyone, these books are just a couple of books on Amazon plus a nominal fee for shipping. Check them out.
must be a misnomer.
Submitted by Zippy on Thu, 08/04/2011 - 10:18pm.
"I am not surprised that FDR's Folly has been enthusiastically recommended by famed free market economists such as Milton Friedman and Thomas Sowell".
I don't think, Thomas Sowell would recommend the new deal.
Z, Sowell has recommended the
Submitted by jdhawk on Fri, 08/05/2011 - 12:55am.
Z, Sowell has recommended the book not the "New Deal."
In fact, in his own book, Basic Economics, Sowell arrives as much the same conclusions as Powell, but from a stricttly economic viewpoint.
Hey Tingles, try doing a
Submitted by rbosque on Thu, 08/04/2011 - 8:30pm.
Hey Tingles, try doing a little research...
---“We have tried spending money. We are spending more than we have ever spent before and it does not work.”
----“I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises.”
---- “I say after eight years of this Administration we have just as much unemployment as when we started. … And an enormous debt to boot!”
The words are those of none other than Henry Morgenthau Jr. — close friend, lunch companion, loyal secretary of the Treasury to President Franklin D. Roosevelt — and key architect of FDR’s New Deal.
They Can't Help It
Submitted by IrateNate on Thu, 08/04/2011 - 9:07pm.
These idiots think in opposites. "FDR saved capitalism..." by introducing socialism? Sort of like the way we "deal with" our $14.3 trillion debt...by adding $2.5 trillion more to it.
Who dresses this ass-clown in the morning?
And yes, thank God for that war
Submitted by WarEagle01 on Thu, 08/04/2011 - 9:18pm.
coming when it did and saving the economy. Because forcing 20% of the population into government service and having the rest of the work force producing "goods" no one but the government wants is exactly how capitalism should work. And don't forget the government rationing of food. That's always a good thing in Chrissy's world. Seriously, this guys leg tingle has gone to his brain.
We hold these truths...............
Submitted by Herbster on Thu, 08/04/2011 - 9:20pm.
Three truths.......
New Deal = Screw Deal.
Matthews = moronic recitations.
Clarence Page = a sock puppet.
Have a nice evening.
HAPPY SHAHINSHAHMAS!!!
Submitted by Unsane on Thu, 08/04/2011 - 10:15pm.
Sorry, Noel, as I didn't see an Open Thread, I HAVE to commemorate His Majesty The Shahinshah's 50th birthday.
The Holy Shahinshah's, President Wonderful's, the Lightworker's, The One's - mmmm, mmmm, mmmm - keen eye is the astrolabe of the substantive sun - His truth-discerning heart is the celestial observatory of Attributes - He is of noble lineage, of joyous countenance - of the model, most loving marriage - of right disposition - of open brow - of well-proportioned frame - of magnanimous nature - the honey-tongued teacher of the English language - of lofty genius - the inciter of thrills and tingles - of pure purpose - of enduring faith - of perfect wisdom - emitter of the most fragrant, sweetest flatulence - begirt with varied talents - wizard of all things to all people - of wide capacity -the master of warm healing - of high honor - of the most masterful, soaring oratory - of splendid courage - of his cute, boyish, wonderful smile - He who becomes Death, the destroyer of flies - with the unimpeachable reputation for integrity - of the greatest political savvy - of right judgment - of choice counsel - of networked genome - of generosity unfeigned - the emblem of the American people - of perfectly creased pants - astonishingly ambitious, brave - of boundless forgiveness, abundant in graciousness - the most careful thinker - at peace with all-compendium of dominion - lucid, impeccably centered - the world-historical soul - of elegance unmatched by mere mortals - true American royalty - our own personal Jesus - of plenteous sincerity - multiple of single-minded warriors - of chiseled pecs - abounding in wealth - accumulator of the world's rarities - sophisticated - of pure heart - unspotted by the world - leader of the spiritual realm - elegant, articulate, Zen-like - of enduring alertness! How has He been gathered together into one place? Or how doth a single body upbear Him on the shoulders of genius?
"CONSUMED DEMOCRACY RETURNS A SOCIALIST REGIME" - Slayer, "Fictional Reality", from Divine Intervention (1994)
Unsane---
Submitted by matthewdean on Fri, 08/05/2011 - 3:50am.
Xlnt, but
Prissy needs professional help
Submitted by Dave. on Thu, 08/04/2011 - 10:22pm.
Seriously, the guy has lost all connection with reality.
-Dave
Vote for the American in November
"need to read history, and
Submitted by amyshulk on Fri, 08/05/2011 - 12:50am.
"need to read history, and especially Michele Bachmann"
Michele Bachmann wrote history???
/s
Ronald Reagan
Matthews upside down history.
Submitted by Boil It Down on Fri, 08/05/2011 - 2:47am.
Forty some odd years ago I was taught that FDR took us perilously close to losing capitalism. This was confirmed by my parents and grandparents with plenty of wonderment at people who still thought highly of FDR. Aside from a few lunatics on the far left, I do not know of anyone who would believe that FDR saved capitalism.
Of course, this just another one of Matthews alternate reality blunders, displaying his comical ignorance of US history. He should write a book of humor: History According to Chris Matthews.
In the history of bad Presidents since that time, it goes FDR, Carter, Obama. -bidn-
Gold and price fixing
Submitted by dmaley1714 on Fri, 08/05/2011 - 7:42am.
I think it was when he confiscated all gold coins or when he sued a tailor for charging above government price limits , that was when he was saving capitalism.
Price fixing
Submitted by VengeanceIsMine on Fri, 08/05/2011 - 5:38pm.
I think it was for charging too LITTLE for a service that got the tailor in trouble!
"The greatest enemy of knowledge is not ignorance, but Illusion of knowledge." Stephen Hawking
No Doubt Mathews Thinks
Submitted by Comrade Jim on Fri, 08/05/2011 - 10:02am.
Obama is saving capitalism today.
Things that make ya go hmmmm
Submitted by telecaster on Fri, 08/05/2011 - 12:07pm.
You've got to wonder how the msm, in the persons of people like matthews, maddow, shultz, etc., etc., etc. got to be so expert in so many fields. You name it, economics, history, theology, philosophy, sociology, any intellectual endeavor you care to name these script readers are just amazing in their collective level of expertise....I mean what a brain trust....and one completely sold out for a failed president and a failed political philosophy. These people love to sit around and label anyone who can't agree with them as rubes, non-readers, clingers, sluts, whores, terrorists and on and on and on.......all the while insisting, on the basis of their script reading, that they alone possess the intellectual gravitas to analyze and expound upon the various issues of the day in a manner that rightfully astounds the rest of us unwashed neanderthals out here in the real world.
Let's see the credentials....roll out the degrees....let's see where all this expertise springs from besides deer-in-the-headlights, mindless devotion to Liberalism and the sound of their own voices. And if any of these page readers really have any significant academic credentials apart from journalism, what's that say about the quality of the educational enterprise in this country?
Boobs. Utter boobs.
Jeebus....
Submitted by donabernathy on Fri, 08/05/2011 - 10:52pm.
da guy is a frigg'n Idjit.
roflmao