On 09/06/2011 02:19 PM, Yifu wrote: > You're right, as to predecessors; going back to Herbert Hoover, but the worst > culprits were the greatest contributors to Keynesian programs, such as FDR. > ... > The "do-nothing" laissez-faire Presidents have turned out to be the best: > Calvin Coolidge (a champion of wealth-creation and jobs); as well as > Eisenhower. Unfortunately, certain easy money housing laws were passed > during the Clinton Administration, so he was a contributor to the mess. > Nixon got us off the gold standard...big mistake! There are many > contributors to the current problem; but now is different: it's a do or die > situation, a tipping point; and procrastination is not an option. > > http://www.startlingart.com/Viewer.asp?ImageSource=fine_art&FileName=ThroughTheCrack-Small
Eisenhower had a 91% top tax rate on the rich. Worked well and prevented assholes like these two attempting to destroy democracy: http://www.rawstory.com/rawreplay/2011/09/charles-koch-compares-barack-obama-to-saddam-hussein/ My Koch brothers videos: http://www.youtube.com/watch?v=lmOVURsFGUM http://www.youtube.com/watch?v=3dyzAERiDuM > > > > > > --- In FairfieldLife@yahoogroups.com, Bhairitu<noozguru@...> wrote: >> On 09/06/2011 01:44 PM, Yifu wrote: >>> No. Keynesian programs are the kiss of death. Utopian Socialism is unproven >>> and could only work with "enlightened" planners at the top. (hasn't >>> happened yet in history). Could work for small-scale groups such as the >>> "Friends" (Quakers). Mormons would have an advantage should there be a >>> complete meltdown of society. Groups of Evangelicals would likewise band >>> together to ward off evil "Road Warriors". >>> >>> http://i2.listal.com/image/226218/600full-kiss-of-death-poster.jpg >>> >>>> From Weiss Research's Safe Money Report, Sept 2011: >>> "Get Ready for Dow 7,000! >>> >>> ** Economy closing in on recession...again! >>> ** Fed, Congress, Obama out of magic bullets! >>> ** Europe in crisis, banks falling apart! >>> ** Real estate double-dipping!" >>> >>> Editor Mike Larson's conclusion: "The US economy is sinking into a >>> double-dip recession"; but he blames the mess on Keynesian economic >>> programs of Obama: "If you listened to the so-called experts just a few >>> months ago, you'd have expected the US to be in the midst of a vigorous >>> recovery by now. But those "experts" were dead wrong." >>> >>> "They didn't realize that the recovery was entirely bought and paid for by >>> government stimulus and bailouts - artificial props that could not be >>> sustained". >>> >>> "Key financial Indicators flashing Red - just like in 2008-2009" >> The economic destruction of the United State began with Reaganomics back >> in the 1980s. To blame it on a US President who has been in office 2 >> 1/2 years is totally absurd. The Bush administration with their unpaid >> for tax cuts for the rich and their expensive wars did left the economy >> in shambles by the time Obama took office. And Republicans are running >> clown candidates because they don't want their mess dropped back in >> their laps in 2012. Capitalism run amok is the monster. >> > >
