Tuesday, June 29, 2010

How History Repeats

I have for many years wondered why the government schools have cut more and more history classes out of the curriculum. Why is it that the classics like Cicero, Mark Twain and others are deemed as racist, sexist and all that PC crap? Why is it that the U.S. Constitution and Declaration of Independence are now published with a Warning: Contains language that may be considered sexist, racist, homophobic, promoting slavery... and crap like that? How is it that this nation has become so suicidal?

For this quick lesson in repeating history I take you to Henry Morgenthau, JR. Mr. Morgenthau was the Treasury Secretary to FDR and one of the main designers of "The New Deal" that FDR instituted.
""We have tried spending money, we are spending more than we have ever spent before and it does not work. I say after eight years of this administration, we have just as much unemployment as when we started….and an enormous debt to boot."
How many times have we heard Ben Bernanke or Tim Geithner tell us, the great lower class, peasantry, unwashed, uneducated citizenry, they are not going to make the same mistakes that were made in the Great Depression? They are making EXACTLY the same stupid mistakes. The Federal Government went on a spending binge in the 1930's thinking, that if the government didn't do something…. What they did was expand government, borrow money hand over fist creating a debt that this time will never be paid (maybe trying to intentionally collapse the U.S. as a government per Saul Alinsky and other 1960's radical leftists of whom Obama, Ayers, Jeff Jones, Van Jones, Valerie Jarrett are followers of) and still our Unemployment remains high.

The deficit also remains high and growing in contrast to the GDP. Next year's budget is for $3.83 trillion, an estimated 26% of GDP. THE HIGHEST RATE SINCE 1943 thru 1945 This year's deficit is projected at 10.6% of GDP, again, The highest rate since 1942 thru 1945. Higher than 1930 to 1941 in both cases, and a true sign that this Administration has not a clue.

Maybe, instead of doing the FDR Obama should take a lesson from President Garfield who inherited a bloated government, out of control spending and over 17% unemployment because of the returning soldiers from WWI. The depression of 1920 became the "Roaring 20's" in 18 months. However did he do it? Massive cuts of government and government spending is how. What was his reward for that? He is reviled in today's history as a corrupt President.

If that example is too much for those like Pelosi and Reid to understand, what of the "Should have been" Depression after WWII? That is when all the Leftist Economists were decrying that there will be a Depression from the 10 million returning soldiers of that great war and the massive debt built up to pay for that war. What was even worse for those people with the "Doom and Gloom" theories (those writings sound a lot like the Global Warming/Climate Change gloom and doom of today) was that the "Evil Republicans" were now in power in the Congress and Senate. THAT was going to make the forthcoming Depression even worse for the "average working man" of that day.
During the reign of FDR, the 1943-45 debt to GDP went up 50% to 120% of the GDP. 47% of the workforce worked for the U.S. Government and 27% of Labor were in Unions. The Unemployment over that period of time fluctuated from 14% to 35%.
So what happened? Why was there no Depression to end all Depressions as the Leftists predicted? Let us look at what transpired at that time.
The "Evil Republicans" went to work and cut the Federal Budget from $84 Billion in 1945 to $30 Billion in 1946 and paid back the massive debt accumulated from the FDR years and WWII. Economic controls were lifted even with 10 million people returning to the workforce. Unemployment did not go up and the workforce grew by 4 million jobs. Imports, exports, investments and consumer consumption all went up. The only shrinkage was that government spending was scaled back and government regulations were eased up.
This was also the same time when George Soros, the owner of the Democratic Party made his billions upon billions of dollars in fortune.
Oh, the evil that was unleashed upon the world at that time is what the Left likes to scream out. What is sad is that the children of today with no knowledge of history do not understand that many of the things they take for granted were developed and created in those "evil" times. Things such as Refrigerators replacing the IceBox. televisions, portable sewing machines and the like. It was the height of great companies like GM, Ford, Westinghouse and other companies who employed millions of people. Yes, those were "evil" times indeed. No soup lines, housing boom, medical miracles taking place as new vaccines and techniques were developed.
Has anyone reading this ever looked at pictures of West Berlin in 1980 and contrasted that with pictures of East Berlin from the same time period? West Berlin was controlled by the "allied" powers of US, UK, etc., whereas the East was controlled by the former Soviet Union and that Bloc. Capitalism vs Government control. If you have, tell me truly, where would you rather live?

Learn from History. It is repeating thanks to MaObama and his cronies in power now. It's all about Classes of people and power. They NEED an permanent underclass to keep them in power and in their mansions while telling you that they will tax the rich and help you be equal.

Right. Equality is bull when people like Soros and MaObama's supporters live like Kings and tax people making $40,000 or more a year to death. We get MaObamaCare and they get the top of the line stuff we will never again see.

Right.

No comments:

Post a Comment