Almost never is that fear based on what actually happens when there is
divided government, compared to what happens when one party has a
monopoly of both legislative and executive branches.
The last time the federal government had a budget surplus, instead of
its usual deficits, there was divided government. That was when the
Republicans controlled the House of Representatives, where all
spending bills originate, and Bill Clinton was in the White House. The
media called it "the Clinton surplus."
By the same token, some of the worst laws ever passed were passed when
one party had overwhelming majorities in both houses of Congress, as
well as being led by their own President of the United States.
ObamaCare is a product of the kind of arrogance that so much power
breeds.
It was the same story back in the famous "first hundred days" of the
New Deal in 1933. The National Industrial Recovery Act of 1933 clamped
down on the American economy the kind of pervasive government control
seldom seen outside of totalitarian countries.
It was the ObamaCare of its time, but covering industries right down
to local dry cleaners. One man was sent to jail for charging less than
the government-specified price for pressing a suit of clothes. This
typified the mindset of the New Deal.
Fortunately, the Supreme Court eventually declared the National
Industrial Recovery Act unconstitutional. But, before that happened,
the N.I.R.A. probably did more to prevent the economy from recovering
from the Great Depression than any other law or policy. Even liberal
icon John Maynard Keynes said at the time that the N.I.R.A. "probably
impedes recovery."
You cannot tell what effect a law or policy will have by what
politicians call it, whether they label it a "recovery" program or a
"stimulus" program.
Those who fear gridlock in Washington today implicitly assume that
government actions are needed to "solve" the economy's "problems."
That assumption has been so pervasive over the past 80 years that many
people fail to realize that the republic existed for nearly twice that
long before the federal government intervened to get the economy out
of a recession or depression.
During all that time, no depression ever lasted even half as long as
the Great Depression of the 1930s, when first President Hoover and
then President Roosevelt intervened.
For most of the history of this country, there was no Federal Reserve
System, which was established in 1914 to prevent bank failures and the
bad effects of large expansions or contractions of the supply of money
and credit. But bank failures in the 1930s exceeded anything ever seen
before the Fed was established. So did the contraction of money and
credit during the Great Depression.
The seductive notion that some Big Daddy in Washington can solve our
problems for us-- whether healing the sick, preventing poverty or
"growing the economy"-- is encouraged by politicians for obvious
reasons, and the media echo the idea.
Both in Washington and in the media, there is virtually zero interest
in comparing what actually happens when the federal government
intervenes in the economy and when it does not.
More than a century and a half of ignoring downturns in the economy
never produced a depression as deep or as long as the 1930s
depression, with its many federal interventions, first under Herbert
Hoover and then under Franklin D. Roosevelt.
The unemployment rate was 6.3 percent when the first big intervention
took place, during the Hoover administration. It later peaked at 25
percent, but its fluctuations were always in double digits throughout
the 1930s, as FDR tried one thing after another. As late as the spring
of 1939, nearly a decade after the stock market crash of 1929,
unemployment hit 20 percent again.
It is not a matter of faith that a market economy can recover on its
own. It is a matter of faith that politicians speed recovery. But
there is no way that Barack Obama is going to stop intervening in the
economy unless he gets stopped. Only gridlock can do that.
http://townhall.com/columnists/ThomasSowell/2010/11/09/the_gridlock_bogeyman
http://www.pbs.org/wgbh/CommandingHeights/hi/story/index.html
Hypocrite!
- Do you call it the St Reagan deficit?
- Do you call it the HW Bush deficit?
- Do you call it the bush,jr financial disaster,
- debt, deficit and unfunded
- unfinished wars?
- Hypocrite!
Sid9 - Yes I Do Recall Them All
and Prez Obama Doubled Them !
...and... Prez Obama Doubled Them Again ! ! !
The "Gridlock" Bogeyman -is- Prez Obama
-cause- Prez Obama is already a LAME DUCK [.]
Prez Obama Ain't Going To Run in 2012 !
In Retrospect : For The Good of The Country
Some/Many Republicans Wish Hillary Had Won !
http://groups.google.com/group/rec.radio.shortwave/msg/3e533b0262bf3a4e
Considering the Disaster of the Obama Regime a
third to half the of many Republicans now wish :
#1 Hillary R. Clinton had beat Barack H. Obama
#2 Hillary R. Clinton had beat John S. McCain
-cause- as Bad as things may have been under
Hillary : Barack has simply Barack'ed-Up-Too-Much !
http://groups.google.com/group/rec.radio.shortwave/msg/3e533b0262bf3a4e
.
Not that they 'like/love' Hillary but that
Prez Obama "O.B.A.M.A."
=meaning= One Big Absolute Mistake America !
* The ObamaNation© Creating a Culture of Joblessness,
Dependency and Controlling Your Every Day Life plus
Taxing Every Day You Live : That's Obama-Tax-Slavery© !
for those Americans that still have Jobs.
.
Two Years After Obama's Election :
The Verdict on Prez Obama :
O.B.A.M.A. = One Big Absolute Mistake America !
http://groups.google.com/group/rec.radio.shortwave/msg/279ac978f03133f7
.
Prez Obama's Major Fault is . . .
Barack H. Obama 'The Man' Is An ELITIST !
http://groups.google.com/group/rec.radio.shortwave/msg/441a90a7d787fcf7
.
Latest Obama OOPS !
http://www.lucianne.com/thread/?artnum=577400
Prez Obama Now Promises Americans a "New Normal"
during his Royal RAJ Vacation to India : That
'New Normal' Being Constant High Un-Employment
in the USA under the Obama Regime for Years
to come . . .
http://blogs.wsj.com/washwire/2010/11/07/obama-warns-of-new-normal-fo...
welcome to the bread-line comrade ~ RHF
.
.
It is St.Ronald . He favored baloon economy where any bankster got
away with just about anything. From M.Milken to B.Madoff. As simple
as that- why is everyone and his uncle blaming the new rookie in the
White House is beyond my comprehension .
arthr...@webtv.net wrote:
Rookie! You sure got that right!
But, he's a Liberal/Democrat/Marxist/Socialist rookie, so the dufi love him.
If the Republican House does actually oppose Obama, I may break my
anti-incumbent policy and vote to return my Republican Representative to
office. From where I sit, little Obama has done has been good for the
USA, and much of it has been very bad.
- It is St.Ronald .
- He favored baloon economy where any bankster
- got away with just about anything.
- From M.Milken to B.Madoff.
- As simple as that-
? why is everyone and his uncle blaming ?
? the new rookie in the White House is ?
? beyond my comprehension ?
-a- TARP = BLAME OBAMA ! [Pelosi & Reid]
-a- STIMULUS = BLAME OBAMA ! [Pelosi & Reid]
-a- OBAMA-CARE = BLAME OBAMA ! [Pelosi & Reid]
-a- OBAMA [BP] OIL SPILL = BLAME OBAMA ! [Pelosi & Reid]
-a- FOUR TIMES [4X] BUSH SPENDING = BLAME OBAMA ! [Pelosi & Reid]
Cause they All Happened or were Implemented
During His Term as Prez-A-Duntz ~ RHF
.
Lame-Ducks-R-Us :
The "Gridlock" Bogeyman -is- Prez Obama !
http://groups.google.com/group/rec.radio.shortwave/msg/d6911632ca57f3dc
Prez Obama a "LAME DUCK" ?-WHY-?
1 - Most like Prez Obama is a One Termer
-and- Will do an LBJ and NOT Run in 2012
-or- Run and Lose in 2012
2 - To "Get Things Done" Prez Obama has to
'Compromise' and 'Work-With' the Republicans :
Then BHO will have some Accomplishments to
point-out for his 3rd & 4th years and could
then potentially run for and win a 2nd term.
3 - To Create "Gridlock" all Prez Obama has
to do is continue to DICTATE and OPPOSE Any
Compromise with the Republicans : Then BHO
will have NO ['0' NADA] accomplishments to
point-out for his 3rd & 4th years; except
that he fought the Republicans tooth-and-nail
on each and every issue; most like then BHO
could potentially run for a 2nd term; but
he would lose.
Conclusion : Prez Obama -is- The "Gridlock" Bogeyman !
NOTE - The Obama 'Mandate' of 2008 NO longer
Exists [.] The Election of 2010 VOIDED It
Out [.] {In American Politics a 'Mandate' is
Only Good Until the Next Election.} IMHO the
American US Citizen Voter's 2010 "Mandate" is
a Mid-Course-Correction to 'Refine' and Roll-Back
some of the Excessive* Obama-Pelosi-Reid Agenda.
Come-up with a more moderate middle-of-the-road
approach to National Health-Care; Massive US
Federal Government Spending; and Higher Taxes.
* The Voters Viewed the Obama-Genda© as Grossly
Excessive : Too Much! & Too Fast! & Too Costly!
The GOP's 2010 Election Campaign was to Block
the Obama-Genda© and Roll-It-Back Succeeds !
http://groups.google.com/group/rec.radio.shortwave/msg/8670716817049225
Just Say NO the the Excesses of The Obama-Genda© !
Just Say NO the the Spending of The Obama-Genda© !
Just Say NO the the Wastefulness of The Obama-Genda© !
Just Say NO the the Taxes of The Obama-Genda© !
Obama-Genda© = Prez Obama and all the Obama-Bots© now
working in the Obama White House and the Obama Regime.
Conclusion : Prez Obama -is- The "Gridlock" Bogeyman !
= = =you=have=got=to=get=along=:=To=Get=Along= = =
...while... Prez Obama Still Is Stuck-On MY-WAY!
-or- NO Way At All [.]
.
.
Two Years After Obama's Election :
The Verdict on Prez Obama :
O.B.A.M.A. = One Big Absolute Mistake America !
http://groups.google.com/group/rec.radio.shortwave/msg/279ac978f03133f7
.
Prez Obama's Major Fault is . . .
Barack H. Obama 'The Man' Is An ELITIST !
http://groups.google.com/group/rec.radio.shortwave/msg/441a90a7d787fcf7
.
Latest OOPS ! by Prez Obama . . .
http://www.lucianne.com/thread/?artnum=577400
Prez Obama Now Promises Americans a "New Normal"
during his Royal RAJ Vacation to India : That
'New Normal' Being Constant High Un-Employment
in the USA under the Obama Regime for Years
to come . . .
http://blogs.wsj.com/washwire/2010/11/07/obama-warns-of-new-normal-for-economy/
Prez Obama Promises Americans a "New Normal"
a Growing Legion of 99-Weekers
{The Forever Unemployed}
http://groups.google.com/group/rec.radio.shortwave/msg/a522014c5f26b80e
welcome to the bread-line comrade ~ RHF
baracking©,,, Baracking©... BARACKING© ! ! !
.
The Baracking© of Prez Obama and the Obama-Regime©
has begun : Bring-on the Ugly Dogs of Fear and Hate ! ~ RHF
-wrt- Baracking© - Shouting the Liberal Democrat Left's
Hateful and Divisive Rhetoric* Back-In-Their-Face
* Rules for Radicals in the Hands of Conservatives
http://en.wikipedia.org/wiki/Rules_for_Radicals
Baracking© = Obama-Bashing© = Blaming Prez Obama !
.
.
David Hartung,
Idiot's-R-Us : This NOV 2010 US National Election :
Throw The Bums Of Both Parties Out ! ! !
http://groups.google.com/group/rec.radio.shortwave/msg/eb8e5b92e0d0b7a4
FWIW - If there is 'Gridlock' in 2011 and 2012
then Throw The Bums Of Both Parties Out in 2012
again and 2014 Again and 2016 AGAIN ! ! !
That was apparently the 'feelings*' of the American
US Citizen Voters this NOV 2010 Election.
FIRST - The Obama 'Mandate' of 2008 NO longer Exists [.]
-why- The Election of 2010 VOIDED* It Out [.]
* In American Politics a 'Mandate' is Only Good
Until the Next Election.
IMHO the American US Citizen Voter's 2010 "Mandate"
is a Mid-Course-Correction to 'Refine' and Roll-Back
some of the Excessive* Obama-Pelosi-Reid Agenda.
SECOND - The US Congress has to Come-Up with a more
'moderate' middle-of-the-road approach to :
National Health-Care;
Massive US Federal Government Spending; and
Say NO To More Taxes; and
Say NO To Higher Taxes.
THIRD - PUT AMERICAN US CITIZENS BACK TO WORK !
Grow Jobs In The USA : Not in India and Indonesia
Prez Obama a "LAME DUCK" ?-WHY-?
1 - Most like Prez Obama is a One Termer
-and- Will do an LBJ and NOT Run in 2012
-or- Run and Lose in 2012
2 - To "Get Things Done" Prez Obama has to
'Compromise' and 'Work-With' the Republicans :
Then BHO will have some Accomplishments to
point-out for his 3rd & 4th years and could
then potentially run for and win a 2nd term.
3 - To Create "Gridlock" all Prez Obama has
to do is continue to DICTATE and OPPOSE Any
Compromise with the Republicans : Then BHO
will have NO ['0' NADA] accomplishments to
point-out for his 3rd & 4th years; except
that he fought the Republicans tooth-and-nail
on each and every issue; most like then BHO
could potentially run for a 2nd term; but
he would lose.
.
Conclusion : Prez Obama -is- The "Gridlock" Bogeyman !
http://groups.google.com/group/rec.radio.shortwave/msg/58c393a3b6e97b9c
.
Two Years After Obama's Election :
The Verdict on Prez Obama :
O.B.A.M.A. = One Big Absolute Mistake America !
http://groups.google.com/group/rec.radio.shortwave/msg/279ac978f03133f7
The ObamaNation© Creating a Culture of Joblessness,
Dependency and Controlling Your Every Day Life plus
Taxing Every Day You Live : That's Obama-Tax-Slavery© !
for those Americans that still have Jobs.
http://groups.google.com/group/rec.radio.shortwave/msg/d6911632ca57f3dc
.
.
>> Hypocrite!
>
> It is St.Ronald . He favored baloon economy where any bankster got
> away with just about anything. From M.Milken to B.Madoff. As simple
> as that- why is everyone and his uncle blaming the new rookie in the
> White House is beyond my comprehension .
Maybe because the same people who manufactured Reagan now manufacture
what passes for news...
You're both half right.
The same people who manufactured Reagan also manufactured Barack
Hussein Fetchit. And they are also the same people who will take
Fetchit down and replace him with a new puppet.
With all good wishes,
Kevin Alfred Strom.
--
http://nationalvanguard.org/
http://kevinalfredstrom.com/
- - - It is St.Ronald .
- - - He favored baloon economy where any bankster
- - - got away with just about anything.
- - - From M.Milken to B.Madoff. As simple as that-
- - - why is everyone and his uncle blaming the new
- - - rookie in the White House is beyond my comprehension .
- - Maybe because the same people who manufactured
- - Reagan now manufacture what passes for news...
- You're both half right.
-
- The same people who manufactured Reagan
- also manufactured Barack Hussein Fetchit.
- And they are also the same people who will
- take Fetchit down and replace him with a
- new puppet.
-wrt- the 'next puppet'
In 2012 the Republican Party Candidate
for the US Prez-A-Duntz will be . . .
remember i predicted that right here
on this day & date - again ~ RHF
Fri, Oct 8 2010 7:15 am
Wed, Oct 13 2010 2:48 pm
Sat, Oct 16 2010 5:56 am
Sat, Oct 30 2010 4:28 pm
.
.
-hint- 1 John 5 : 2
.
.
>
> With all good wishes,
>
> Kevin Alfred Strom.
> --http://nationalvanguard.org/http://kevinalfredstrom.com/
.
- - The "Gridlock" Bogeyman
- - ∅baMa∅ Tse Dung <0bama0.spea...@gmail.com>
- - Tue, 9 Nov 2010 16:18:16 -0800 (PST)
http://groups.google.com/group/rec.radio.shortwave/msg/906c98bc41d3e5d4
.
The "Gridlock" Bogeyman : Then Throw The Bums
Of Both Parties Out Again in 2012 !
http://groups.google.com/group/rec.radio.shortwave/msg/9ce9fcf39d59efd4
.
Lamer-Ducks-R-Us :
Prez Obama -is- The "Gridlock" Bogeyman !
http://groups.google.com/group/rec.radio.shortwave/msg/58c393a3b6e97b9c
.
Lame-Ducks-R-Us :
The "Gridlock" Bogeyman -is- Prez Obama !
http://groups.google.com/group/rec.radio.shortwave/msg/d6911632ca57f3dc
.
.
Wait a minute! my dog's name is Blueberry.
cuhulin
It is not 'maybe', but exactly...
I believe it, I Do Believe It.
Lucky Luciano.
cuhulin