peace
Just replace FDR with OBAMA........
The economic Crash of '29 and the Great Depression were caused by the money vultures and foreign swindlers of the Federal Reserve withholding currency from circulation and raising interest rates after an inflationary easy money policy in the early 1920s. The Federal Reserve's fear of excessive speculation led it into a far too deflationary policy in the late 1920s, "destroying the village in order to save it."
The U.S. economy was already past the peak of the business cycle when the stock market crashed in October of 1929. The Federal Reserve did "overdo it" -- raising interest rates too much, bringing on the recession that they had hoped to avoid.
This contrived "emergency" by the money vultures and the political manipulations of FDR, et. al. since then has created innumerous abuses, usurpations, and abridgments of Constitutionally delegated Powers and Authority as clearly stated in Senate Report 93-549 (1973):
Just replace FDR with OBAMA........
The economic Crash of '29 and the Great Depression were caused by the money vultures and foreign swindlers of the Federal Reserve withholding currency from circulation and raising interest rates after an inflationary easy money policy in the early 1920s. The Federal Reserve's fear of excessive speculation led it into a far too deflationary policy in the late 1920s, "destroying the village in order to save it."
The U.S. economy was already past the peak of the business cycle when the stock market crashed in October of 1929. The Federal Reserve did "overdo it" -- raising interest rates too much, bringing on the recession that they had hoped to avoid.
This contrived "emergency" by the money vultures and the political manipulations of FDR, et. al. since then has created innumerous abuses, usurpations, and abridgments of Constitutionally delegated Powers and Authority as clearly stated in Senate Report 93-549 (1973):
"A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [ 78 years now in 2011] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency."