Do you see any similarities between what Obama and FDR inherited from the predessors? The following is from the April 22, 1935 edition of Time:
In 100 days Napoleon gained and lost an empire. In 100 days the 73rd Congress patched together the crumbling U. S. banking system, set up the $2,000,000,000 Home Owners' Loan Corp., created NRA, substituted beer for Prohibition, confiscated all the gold in the U. S., appropriated $3,300,000.000 for public works, established CCC, TVA, FERA. AAA, cut veterans' pensions and, for good measure, put J. P. Morgan on the witness stand and a midget on his knee.
In 100 days, ending last week, the 74th Congress had passed only one Administration measure: the $4,880,000,000 Work Relief Bill. The rest of the time it spent on oratory and routine appropriation bills. The Administration measures which Congress has not acted on include:
1) Renewal of NRA.
2) Social security.
3) Regulation of holding companies.
4) A banking bill.
5) Ship subsidies.
6) Regulation for railroads, trucks and busses.
7) Pure food & drugs.
8) AAA amendments.
"The proper role of the financial sector is to support innovation and enterprise elsewhere in the economy. But during the past 20 years or so, it has grown into Frankenstein's monster, lumbering around and causing chaos."
How Markets Fail: The Logic of Economic Calamities
at 1/07/2010 Posted by Sunny Badger
"...President Barack Obama is on track to name more Hispanics to top posts than any of his predecessors, drawing appointees from a wide range of the nation's Latino communities, including Mexicans, Puerto Ricans, Dominicans and Colombians..."
"It says a lot about our country that these people have pulled themselves up by their bootstraps and have obtained a high degree of success. It is an American success story."
Special counsel to President Obama
First member of his family to attend college
Read more of Obama naming Hispanics to top posts at record pace
at 1/06/2010 Posted by Sunny Badger
"We are really truly stepping beyond socialism and starting to look at fascism."
on The O'Reilly Factor
"Most people think that shadows follow, precede or surround beings or objects. The truth is that they also surround words, ideas, desires, deeds, impulses and memories."
"When they're done with Fox, and you decide to speak out on something. The old, "first they came for the Jews, and I wasn't Jewish." When you have a question, and you believe that something should be asked, they're a -- totally fine with you right now; they have no problem with you.
When they're done with Fox and talk radio, do you really think they're going to leave you alone if you want to ask a tough question? Do you really think that a man who has never had to stand against tough questions and has as much power as he does -- do you really believe after he takes out the number one news network, do you really think that this man is then not going to turn on you? That you and your little organization is going to cause him any hesitation at all not to take you out?
If you believe that, you should open up a history book, because you've missed the point of many brutal dictators. You missed the point on how they always start."
FOX News Journalist
"We must take sides. Neutrality helps the oppressor, never the victim. Silence encourages the tormentor, never the tormented. Sometimes we must interfere. When human lives are endangered, when human dignity is in jeopardy, national borders and sensitivities become irrelevant. Wherever men and women are persecuted because of their race, religion, or political views, that place must - at that moment - become the center of the universe."
The Night Trilogy: Night, Dawn, The Accident
at 1/04/2010 Posted by Sunny Badger