Tuesday, November 25, 2008

Repeating The Mistakes of The Past

Words of Wisdom From Jim Rogers:

Click here for NewsBusters commentary.

Click here for additional insight into how FDR made a bad situation FAR worse and made it last FAR longer.

With the passage of the $700 billion bailout and all the subsequent bailout follies, we are already well on our way to repeating the mistakes of FDR --- whose economic follies are loved by Socialist ideologues everywhere.

Contrary to media hysteria, our current conditions are not even remotely close to the conditions of The Great Depression. And, I defy ANYONE to present ANY hard data to the contrary.

Click here and examine our current conditions against all of history SUBSEQUENT to The Great Depression.

What IS similar is that our idiot politicians are taking a bad situation and making it far, FAR worse.

Click here and here to learn how Socialist ideologues --- pursuing housing policies similar to those of FDR --- got us into this mess.

1 comment:

John Salmon said...

Yeah, but if Obama tries hard enough he can turn this into a depression-and then get elected four times, as FDR was. There's method to his madness.

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