Friday, August 31, 2012

The Telegraph and a look back.

As we watch what some people could call the “bumbling idiots” in Washington stumble around while the press watches and tries to figure out how to cover for them, it may be proper to take a moment and look back.

Roosevelt is probable the most over rated President in History. I take no delight in saying that, because he has to have some credit for World War II.

However the period of the late 20s and the 30s and the Roosevelt presidency is one of the most misrepresented periods of the last century. This came to my attention when the subject of TARP, (Troubled Asset relief Program) the Stimulus and the bank bailouts began to surface. During this period there was some talk of the “Great Depression”. I realized how little I actually knew about that period.

After looking around I came up with several books which I have read, 8 to be exact.

The most telling was a book by John T. Flynn, titled The Roosevelt Myth”. It was copyrighted in 1948. It is chilling to read the book and then look at what is happening today.

Mr. Flynn in the forward tells us that: “The purpose of this book, therefore, is to present the Franklin D. Roosevelt of the years 1932 to 1945 in his normal dimensions, reduced in size to agree with reality.”

It is like the present administration is copying the mistakes of Roosevelt, as to why, that is anyone’s guess.

On page 292, Mr. Flynn tells us: 
“Thus the President bypassed Congress and the Constitution and engaged in activities as completely unconstitutional as the imagination can conceive, such as operating business enterprises in Mexico and Canada. By means of The Blank-check appropriation, the blank-check legislation and the government corporation, there is no power forbidden to the government by the Constitution which it cannot successfully seize. And if these Techniques are permitted to continue the Constitution will be destroyed and our system of government changed utterly without a vote of the people or any ammendment to the Constitution. Roosevelt, by his various hit or miss experiments all designed to get power into his hands, prepared a perfect blueprint for some future dictator of the modern school to usurp without very much difficulty all the powers he needs to operate a first-class despotism in America.”
 We learn from Mr. Flynn that when Roosevelt replaced Al Smith as Governor of New York State, in 1929, there was “a surplus of $15,000,000” and when he left in 1932, there was a deficit of $90,000,000.”

This leads us to what Roosevelt’s Secretary of Treasury, Henry Morgenthau, Jr. tells the world.

According to Burton Folsom, Jr., a Professor of History at Hillsdale College, in his bookNew Deal or Raw Deal” he tells the reader that:
“After almost two full terms of Roosevelt and the New Deal, here are Morgenthau’s startling words – his confession – spoken candidly before his fellow Democrats on the House Ways and Means Committee:”
“We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong…somebody else can have my job, I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises…I say after eight years of this Administration we have just as much unemployment as when we started… And an enormous debt to boot!2”
“2Morgenthau Diary”

Does this sound like this administration’s stimulus package and his shovel ready jobs, which turned out to be a joke? Click here or here and watch them laugh!



According to “The Weekly Standard” – “Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job” and now it is costing jobs!

If we look back to Mr. Flynn we find on page 92 that in 1933 congress:
“put into his [Roosevelt] hand a fund amounting to nearly 20 billion dollars with which he was able to gratify the appetites of vast groups of people in every country in America – not merely the poor and disconsolate victims of the depression, but the long deferred ambitions of every town, country, city and state for expensive and even grandiose projects other wise hopelessly out of their reach.”
In February 2009: “Democrats in Congress passed a $787 billion stimulus bill requested by President Obama…” and placed it in his hands! He commenced to do the same thing.


Neither Roosevelt nor Obama accomplished what they promised!

Have a nice day. 

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