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Posted on 10.15.08 by Steve Trinward
“And the winner is … Franklin Delano Roosevelt. Remember him — the great Democratic president who saved capitalism from the capitalists by reining in their exorbitant greed? … The hero of the hour is FDR, as the essential wisdom of his New Deal is now embraced by most Republicans as well as Democrats. … The banking bailout is pure FDR at his big-government best. Greedy bankers are being taken to the woodshed and read the riot act: if they behave, then they will once again have the opportunity to be filthy rich — that’s the American way.” [editor’s note: This is almost not worth posting. The only real value of this retrospective is to remind us that the GOPocrat Hoover was every bit as irresponsible in creating the Depression, as his DemoPub successor FDR was in prolonging it and making it worse … and that neither of the current contendahs (nor Scheer) has CLUE ONE about what to do now! - SAT] (10/15/08) Link: http://www.thenation.com/doc/20081027/scheer Filed under: PND Commentary and RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |






