FDR
In Defense of Brandy
President Obama showcased his ignorance of world political history at the G-20 summit in London recently when he made a crack at his political predecessors’ penchant for back-room brandy sessions:
Well, if there’s just Roosevelt and Churchill sitting in a room with a brandy, that’s an easier negotiation. But that’s not the world we live in, and it shouldn’t be the world that we live in.
I realize that every generation likes to think of itself as unique and facing problems their ancestors did not. It’s the easiest way to excuse failure. No one will blame a world leader for poorly handling a challenge that the world has never seen.
New Year Predictions by the UL Staff
John Killian
National
* Barack Obama will realize that Congress is not ready to go along with his progressive agenda. Many Southern and rural Midwestern Democrats were elected as pro-life conservative Democrats. Hence, his Freedom of Choice Act (FOCA) will never see the light of day.
* With nervousness on the economy, Obama will not push for Nationalized Health Care. You will see some adding around the edges, but no major increases in federal programs. Obama’s advisers will warn him about the effect of more spending and especially, more taxes on our fragile economy.
Time Magazine Cover: Obama as FDR
Obama will be featured on the cover of Time Magazine again (for what, the millionth time?), but this one may actually grab people’s attention and help their struggling sales. In the Nov. 24th issue they are featuring Obama as FDR. Obama should attempt to learn from FDR, but only to the extent of learning what not to do.
Can the GOP Come Back?
Think about it! Four years ago, the Republican Party held the White House and both houses of Congress. Now, the Democrats have won the Presidency by a sizable margin, gained additional seats in the majority Democratic House, and could possibly hold a sixty-vote majority in the Senate—large enough to end any Republican initiated filibuster.
First of all, consider the magnitude of the Republican loss. What support shifted from four years ago?
Bush = Hoover 2.0, Part 2 - “Hoover’s Socialism”
But not because of the reasons you may believe
Part I - “The False Claims” - Can be found HERE
Labor Market Intervention
Within a month of the peak of the stock market in September 1929, President Hoover began a campaign of coordination between industry and government that is still seen today. He was under the belief that falling wages would exacerbate the coming recession and that they must be held steady in order to preserve purchasing power.
The left wants to pack the Supreme Court?
Some “progressives” are pushing President Barack Obama to pack the Supreme Court in the wake of the Citizens United decision:
The court’s recent controversial decision equating corporations with individuals turned an already overly money-influenced campaign system into a veritable free-for-all of propaganda for corporate and vested interests. It was met with criticism by most legal scholars, praised only by corporate mouthpieces.
Even Barack “Can’t We All Get Along?” Obama criticized the decision in his State of the Union speech. A lot of good that will do. The court has four hard-liners who are against what Obama strives for, and a so-called swing voter, Anthony Kennedy, who votes with them in the big cases.
[…]
Obama can give himself a fighting chance by changing the rules of the game, just as they were changed for other presidents in the 1800s. He should forget bipartisanship and work with congressional Democrats to name three new justices to the court to meet the challenges he faces.It would be a tumultuous fight, but it would be for a change we could believe in.
If anything this serves as evidence that the left has no idea what they are talking about when it comes to the Citizens United decision. Corporations are entities composed of individuals, who are entitled to speech protections, no different than labor unions. And God knows the left would never do anything to silence their precious labor unions.
False Furor Over Government-Enabled AIG Bonuses
It seems this reaction from Washington over the AIG bonuses is nothing than an act, considering the Obama Administration knew about them well in advance:
For all of the furor since details of the bonuses became public over the last several days, the issue of retention payments to A.I.G. employees globally has been percolating publicly since A.I.G. was bailed out in mid-September. About $1 billion in retention payments for 2008 and 2009 are in question, but the controversy involves about half of that, about $450 million over two years, that was intended for employees of A.I.G.’s financial products unit. That unit was the source of the financial derivatives blamed for the near-collapse at the heart of the economy’s downturn.The Treasury and Federal Reserve officials said they had known about the bonus program as far back as last fall.
Clinton: “Never waste a good crisis”
Secretary of State Hillary Clinton channels Rahm Emanuel:
Clinton told young Europeans at the European Parliament that global economic turmoil provided a fresh opening. “Never waste a good crisis … Don’t waste it when it can have a very positive impact on climate change and energy security,” she said.
I’ve said it before- Obama and his cronies are no different from previous administrations. This is politics as usual, not change.
When bureaucrats and politicians take advangtage of a crisis, it always results in less personal and economic liberty. Prime example: FDR and George W. Bush.
Milton Friedman on FDR & 1930s Policies
Milton Friedman discusses the Great Depression, FDR and the Social Security system.

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