Comments on: FDR's New Deal Blueprint For Obama
How The Revolutionary WPA Jobs Program Helped Move A Nation Mired In Depression And Redefined The American Worker
- The success of FDR''''s economic recovery plan started with the words....
"Yesterday, Dec. 7, 1941 - a date which will live in infamy....."
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Posted by billpl
Rewriting history, are you there, Bill? Bush''s ''legacy'' team is looking for people like you. People who can change the past... at least in the minds of lemmings. - Reply to this comment
- The success of FDR''s economic recovery plan started with the words....
"Yesterday, Dec. 7, 1941 - a date which will live in infamy....." - Reply to this comment
- "I think down the road higher taxes, even on the middle class, and I know this is anathema right now, will be necessary to pay for the social programs we need."
That''s just what we need! Higher taxes! More PUBLIC jobs with the salary paid for in full by the rest of the population! And we NEED more social programs!
What a joke Obama is going to be. Invest money into the private sector and not into government labor that taxpayers pay for. NO MORE SOCIAL PROGRAMS! My generation and the next generation are going to have to foot the bill for the baby boomers, a bill that is going to cost trillions.
Of course, this is the "Change we can all believe in"--change being more of my money gets redistributed to someone else. - Reply to this comment
- "Madrick recently published a book, "The Case for Big Government" (Princeton University Press). He says today, as in the Depression, only government action can stop an economic dive to an unknown bottom."
I have grave doubts that EVEN "Big Government" can stop the slide
....(Madrick continues)"If we spend money at the federal level at propitious times, we can get that bottom we''re talking about and begin to recover as well," he said. "Unemployment comes down. Incomes rise again." "Our infrastructure is a mess...Our education needs reform. We''re not attended to our energy needs, people well know now."
Now comes the $64000 question:
"But who''s going to pay for big government?" asked Reid.
This is where we need buyin from the "have mosts". According to a report by the Federal Reserve "Currents and Undercurrents:Changes in Distribution of Wealth 1989-2004" the wealthiest 5% of us own 55.5 % of our assets. That translates to about 28 trillion (yes, trillion) dollars. The rich are going to have to step up to the plate and donate some of that pile to get this new "New Deal" up and rolling. It is NOT up to the poor or the middle class who had little or no hand in creating our financial meltdown to subsidize our national rebuilding. Besides we don''t have the financial means to do it.
I said earlier that even this may not be enough but the only other option is continue doing business as usual and that has already proven to be a monumental failure. - Reply to this comment
- ZERO + ZERO = OBAMA
Posted by mr22258 at 11:55 AM : Dec 14, 2008,
Obama does not start his new job until January 20th. Considering your comment I do have a question.
So what do you have to say about Bushs presidency and legacy it will have? - Reply to this comment
- The Obama team IS reaching out to common people already, go to change.gov. They want to hear from you.
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- I''m glad the media is starting to get it right by focusing on Obama''s chance to be the next FDR.
If he follows FDR to the ''T'' then we will be out of this Bush/Hannity/Limbaugh-Depression in no time! - Reply to this comment
- Obama really doesn''t have to ''re-invent the wheel'' and nor should he.
He has the ''blue-prints'' but he has to make sure that he reads the part where FDR went back to a 2 tier CREDIT SYSTEM with interest rates that rewarded ''investment'' over ''consumption''.
He must also go back to the same ''gold standard'' and fixed-exchange-rates under Bretton Woods in 1944.
That will give us ''sound money'' as Ron Paul would like to say and it will pave the way out of this Bush/Hannity/Limbaugh-Depression.
But first he must...
CANCEL OVER A QUADRILLION IN DERIVATES NOW!!! - Reply to this comment
- FDR, the greatest president of all time, let us hope that we can still draw from this man''s wisdom.
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- President-Elect Barack Obama has chosen, mostly, Wall Street promoters and corporate lawyers to be in his cabinet. He hasn''t included anyone who knows how to interact and relate with everyday American citizens, and then report back to him concerning: (1) what the people need, and (2) whether his administration%u2019s new initiatives are working. During the Great Depression, Eleanor Roosevelt fulfilled this role for President Franklin D. Roosevelt. I nominate Senator John Edwards for this role. John Edwards would be a refreshing change. John Edwards, consistently spoke up for average Americans, i.e. Main Street, not Wall Street.
The video evidence follows:
He has walked with and comforted people whose homes were being foreclosed:
http://www.youtube.com/watch?v=9i_GWrYkcCI
Defined the %u201CGreat Moral Test of Our Generation%u201D:
http://www.youtube.com/watch?v=eS1x88ZmohM
He has visited workers employed in the new renewal energy economy:
http://www.youtube.com/watch?v=50yOR5bvMV0
John Edwards is, also, the only candidate for President that actually went down to New Orleans on several occasions and worked along side those striving to try to bring back the areas that remain so devastated from the effects of Hurricane Katrina:
http://www.youtube.com/watch?v=xAqktFnA4nk&feature=PlayList&p=EB1EC8919DC5DC52&index=0
http://www.youtube.com/watch?v=7DaofQCkbA8 - Reply to this comment
- I heard my Dad talk about the New Deal and how it brought life back to a nation in deep trouble. Let''s all hope Obama can pull it off again. What we must do IF he can get us out of this Tail Spin is to teach our children to turn their backs on Fascism the next time it raises it''s ugly head! "Trickle Down" is what gave us Depression Number 1 and here we are back in the same mess AGAIN!!
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- There is one other thing not often mentioned in this discussion. That is the fact that in our part of the country anyway because of way the previous group who inhabited the state house was so stingy with the tax money, the infrastructure here is shot and definitely needs work.This program is needed from that perspective also.
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