Posted by
VBushmills on Tuesday, January 13, 2009 1:02:11 PM
It was revealed in 2008 that the FDR programs during the Great Depression prolonged it by several years. Had the Dem's kept their paws off the engine, the depression would have been over by '35.
Now the same is being said about the Obama plan for recovery-through-stimulus. What could be fixed through natural market forces by 2010 will be many years more under the Obama Plan.. He has already said things will be much worse.
Has anyone considered, maybe that's the Plan?
I'm simply echoing what better minds than mine have said on the economic aspects of the Great Depression. It's impossible to determine from the literature from the period that the FDR administration intentionally prolonged the Depression in order to allow its programs to take seed, but it can't be argued that it turned out that way. The government benefited. In fact, it's impossible to say how much longer it would have lasted had the Japanese not had another idea in mind for the American economy in 1941.
A bureaucratic generation lasts from 15-20 years, but it only takes about seven years for it become laid in stone. If a bureaucracy can't fix the problem it was created to fix within seven years, it's there until hell freezes over. And we all know, the first mission of an embryonic bureaucracy is to subordinate its original mission behind it's self-perpetuation.
But of the Depression, I doubt there was anything "criminal" in either the causes, or the fixes that arose, unless you want to consider the planting of socialist seeds into fertile soil to be criminal. But making sure that soil remained receptive to the seeds well beyond its natural cycle? That is another matter.
The current economic crisis, however, according to Bushmills & Chumm, has the smell of criminality, and that complicates this recovery fraud a little, as it had created, as they argue, two factions inside the ruling party seeking different outcomes. Real socialists want to stretch this downturn out at least five years, more like eight, depending on who Obama selects as his successor. The socialist wing of the party, unlike FDR, has good economic history as what the outcome of these policies will be, so there must be a hidden agenda. But like the party criminal wing in bringing about the banking crisis, even this Recovery plan can get out of hand.
My focus here is on the cementing of yet another bureaucratic foundation which by 2018 will be impossible to dislodge by ordinary political process. Unlike FDR, this time it will be on purpose.
Robert Hightower