Quote:
Originally Posted by alexamenos
George Delano Bush, Big Government Democrat, Rides Again
I'll bet anyone here $25,000,000,000 (zimbabwe dollars) that Bush will go down in history as the laissez faire president who's small government, free market ways led to the Great Depression, 2.0. Seriously, 10 years from now....i'll cite a major work on GD2 which presents a picture of Lyndon Baines Bush as Hoover redivivus.
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George Bush, the man who's led the charge with the biggest government interventions in the history of ever....
Hoover, the big government conservative before big government conservatism had a name...
Quote:
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We might have done nothing. That would have been utter ruin. Instead we met the situation with proposals to private business and to Congress of the most gigantic program of economic defense and counterattack ever evolved in the history of the Republic. We put it into action.... No government in Washington has hitherto considered that it held so broad a responsibility for leadership in such times....
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here's
a little bit from the "history" news network which points out how George Hoover Bush's laissez faire ways leads us inevitably to Saint Barrack Roosevelt Obama's Keynesianism.
btw....for anyone popping in out of the blue, what I'm saying is that neither George Bush nor Hoover were "laissez faire" guys -- they both intervened constantly and like crazy in the market, hence the idea that Great Depressions I & II grew in the days of rampant free market capitalism misses the mark somewhat -- GD I, like it's successor, began with a series of financial bubbles brought about by Federal Reserve, founded, 1913, manipulations and was subsequently exacerbated by Hoover until Roosevelt came along and turned Hoover's socialism-lite into something more closely resembling fascism.