Nation has history of financial downtimes.

As a Nation, we have a long history of financial depressions or economic cont rations For example in 1818-1819, l826-1827, 1856-1857, l872-1873,l884-1885, 1892-1893, 1920-1921 and of course the Great Depression l929-ending with the start of WW II. In addition we had years of financial Panics, such as: l819, 1837, and 1857. Also Severe business cycles in the late l810s, 1830, and l850. None of these 'Financial situations' were resolved by the intervention of the national Government. And with the 1929 Depression, this is the historical framework Hoover was depending on to get out of it. Historical evidence shows, that by 1930, that it, the economy was making, showing signs of improvement. It was, in this year, that the Hawley-Smooth tariff act was signed into law, despite warnings of most economist, against this bill. HOOVERS BIG MISTAKE WAS NOT HEEDING THE WARNINGS OF THE ECONOMISTS. The Nations of Europe saw the opportunity to take this advantage to devalue their currency, thereby making there products cheaper and by so doing, got themselves out of the depression. Hoovers make work plans of l932 and Roosevelt's PWA plan (better known as the WPA) did not work. MAKE WORK PROJECTS WILL NOT WORK UNESS A PRODUCT IS PRODUCED BY SUCH LABOR. If you can't afford to buy food to put on the table--you dam sure cannot afford to buy a road, a bridge or an electric grid. Wake Up fools We now have a Clinton hack saying the revitalization money should go to the minorities and the poor. I like to have this dam fool tell the American People, at what period in our nations history,have we ever depended on the poor and the minorities' to get us out of an economic downturn. This Former Secretary of Clinton's should just shut-up. We have enough fools, as it is, running around with their heads up their butts. With Obama he is now trying to play Russian Roulette. So far it looks like he is just throwing everything against the wall, to see what sticks. "Too often in recent history 'liberal' governments have been wrecked on the rocks of loose fiscal policy. Franklin D. Roosevelt. The Messenger