"Some economists argue that although the New Deal did not end the depression, it helped to prevent the economy from decaying further by increasing the regulatory functions of the federal government in ways that helped stabilize previous troubled areas of the economy: the stock market, the banking system, and others. Popular historians, like Thomas Woods in The Politically Incorrect Guide to American History and Jim Powell in FDR's Folly, argue it worsened the depression or delayed recovery. All analysts agree the New Deal produced a new political coalition that sustained the Democratic Party as the majority party in national politics for more than a generation after its own end.
During Roosevelt's 12 years in office, there was a dramatic increase in the power of the federal government as a whole. Roosevelt also established the presidency as the prominent center of authority within the federal government. By creating a large array of agencies protecting various groups of citizens—workers, farmers, and others—who suffered from the crisis, enabling them to challenge the powers of the corporations, the Roosevelt Administration generated a set of political ideas—known as New Deal liberalism—that remained a source of inspiration and controversy for decades and that helped shape the next great experiment in liberal reform, the Great Society of the 1960s...(courtesy of wikipedia)"
Sound familiar? This is what the current administration is aiming at. But the fact remains that the New Deal did not work and yet, maybe it did. The New Deal was a actually a veiled attempt by the liberals in America, at the time, to further their own agenda and line their pockets. They truly didn't care that America was in such dire straights because they looked at it as a time to shape the political landscape to meet their own designs. Much like today's "stimulus" package is being used to send pork to the lobby groups for the left.
In the meantime, you rarely hear anything about the egregious-ness of the new package from the media because they are all smitten with Obama. You think Bush and the Republicans could have gotten away with such a pork-ridden bill and not heard media outcry? I think not.
Saturday, February 21, 2009
Monday, February 16, 2009
12 lbs
While, I am thinking about it. I have lost 12 pounds since Christmas and I am about halfway to my weight loss goal. Here's hoping I can keep it up! I am sure I will update as things progress. Though if they regress, I may fail to mention it :).
Another go at blogging
Well, I am going to give the blogging thing another go around. We'll see what happens...
Kicking things off....
Here is a nice little article from the Wall Street Journal, talking about the fear-mongering our President seems to excel at. Makes me feel warm and fuzzy, how about you?
Kicking things off....
Here is a nice little article from the Wall Street Journal, talking about the fear-mongering our President seems to excel at. Makes me feel warm and fuzzy, how about you?
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