"Sid9" <sid9@
bellsouth.net> wrote in message
news:jp5iff$28s$1...@dont-email.me...
It is. What next? Outlaw a company loss? Or maybe just outlaw capitalism.
Do us all a favor and wake the fuck up.
> Willard: The 21st Century Herbert Hoover!
Actually Hussein is today's Hoover, Sid, you brainwashed public school
idiot.
"The final attempt of the Hoover Administration to rescue the economy was
the passage of the Emergency Relief and Construction Act which included
funds for public works programs and the creation of the Reconstruction
Finance Corporation (RFC) in 1932."
"In order to pay for these and other government programs, Hoover agreed to
one of the largest tax increases in American history. The Revenue Act of
1932 raised income tax on the highest incomes from 25% to 63%. The estate
tax was doubled and corporate taxes were raised by almost 15%."
"New Dealer Rexford Tugwell later remarked that although no one would say so
at the time, "practically the whole New Deal was extrapolated from programs
that Hoover started.""
http://en.wikipedia.org/wiki/Herbert_Hoover
"Tugwell subsequently served in FDR's administration for four years and was
one of the chief intellectual contributors to his New Deal."
http://en.wikipedia.org/wiki/Rexford_Tugwell
"We have tried spending money. We are spending more than we have ever spent
before and it does not work. And I have just one interest, and if I am wrong
... somebody else can have my job. I want to see this country prosperous. I
want to see people get a job. I want to see people get enough to eat. We
have never made good on our promises ... I say after eight years of this
Administration we have just as much unemployment as when we started ... And
an enormous debt to boot!"
-Treasury secretary Henry Morganthau - May 1939
http://en.wikipedia.org/wiki/Henry_Morgenthau,_Jr.
http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx