The Vail Spot: Did FDR Extend or End The Depression

Nemo me impune lacessit

No one provokes me with impunity

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No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.

Article 1, Section 9, Constitution of the United States

If this is the law of the land...why in a republic (little r) and as republicans, do we allow mere POLITICIANS to the right to use a "title of office" for the rest of their lives as if it were de facto a patent of nobility. Because, as republicans, this should NOT be the case...just saying...

Tuesday, April 09, 2013

Did FDR Extend or End The Depression

via Instapundit,

In my opinion, his policies in 1934-35 extended the Great Depression by another 7 years. In 1934, the economy was making headway towards recovery, but with the enactment of several pieces of legislation, not the least of which was one that mandated price controls...the economy went into an extended period of recession...just as our current economic woes can be traced back to various pieces of legislation (the "stimulus" package that wasn't) that were passed by the Democrats since they controlled both houses of Congress...

If participation in job hunting were at the levels of 2007, we would have unemployment of 11.7%...that's a telling figure. Obama, had the government used the U6 means of measuring unemp then loyment or under employment would never have been re-elected.

There's the key...Obama's economic policies have kept America in the doldrums. He is doing by executive fiat what he can't do through Congress...which will end up costing us billions.