Monday, June 8, 2009

Haste Makes Waste--Obama sprinting to our destruction

Obama is looking back to correct the problems of the future. I LIVE THROUGH THE GREAT DEPRESSION. MY FATHER DURING MANY OF THESE YEARS WORKED, for the WORKS PROJECT ADMINISTRATION--BETTER KNOWN AS THE 'WPA'. These were, of course, government made jobs. In other words, it was government using the tax payers money to pay these workers--and it helped the workers. It did not help to improve the economy. To help the economy, we need trade! Why? The essence of our economy is free trade and Trade, by definition requires; a product, a seller and a buyer. The WPA make work jobs, provided only a job, not a product. You can build: roads, ditches sewers, fill pot holes and such--but you can't sell many of them, if any. That's why it does amount to creating growth in the economy. It many ways, it could be called waste in government spending! Obama, is not trying to improve our economy--he is working for an eventual socialistic society, wherein government controls the economy. He has no understanding as to what the hell he is doing to our nations free enterprise system. He is stuck in a socialist dream world of ROBBING PETER TO PAY PAUL. TO DO THIS, HE IS IN ESSENCE TURNING THE PYRAMID OVER WITH THE BOTTOM FIVE PERCENT IS REQUIRED TO SUPPORT THE OTHER 95 PERCENT. You have to be stupid to think this is, for the long run, possible. OBAMA IS A GOOD TALKER, TROUBLE IS HE NOR DOES MOST OF HIS ADVISERS KNOW WHAT THE HELL THEY ARE TALKING ABOUT. In Brief, It was a raise in Tariffs (TAX) that prolonged and in fact prevented us from getting out of the depression. It was the start of WWII That got us out. Hoover is blamed for starting the Depression--nonsense. He only took the office of the Presidency in l929, and could have had little if anything to do with the making of the depression. He helped prolong the depression by approving the Hawley-Smooth Tariff act of l930, against the cry of thousands of economists not to sign it. Once again--it was high taxes that was the destructive force that prevented us from comig out of the depression, while Europe came out of it by lowering their taxes and devaluing their money--thus making their products cheaper and as such, outselling us in the world trade markets. Also, WWII helped them. Roosevelt's New Deal eventually became known as the Raw Deal. Also, many still feel in this sense, Roosevelt (FDR) is the Father of Socialism in this country. This is still debateable. However, in l935 he endorsede the Unions and in l938 he tried to Pack the Supreme Court. More on this later. The Messenger. I

No comments: