Steve Forbes weighs in today with a sobering assessment of the current financial crisis and our march back in time to the height of the Great Depression.
As Forbes says, a crisis must usually reach a moral tipping point, before the best answers are enacted. Let's hope we're there and let us elect folks in 2010 that will empower working families and our now frail economy.
Tuesday, March 3, 2009
Steve Forbes Says 1933 is Coming Again - No Stimulus Package Blog
Posted by Ongo Consulting at 11:55 AM 0 comments
Labels: 1933 is coming again, banking crisis, economic crisis, fdr, great depression, new deal, Steve Forbes, stimulus package
Tuesday, February 3, 2009
New Website Allows Readers to Search Stimulus Bill - No Stimulus Package Blog
Do you want to see what's actually in the stimulus bill, beyond what's reported here and elsewhere? Cruise by www.readthestimulus.org to browse the entirety of the House and Senate versions of President Obama's proposed $1,000,000,000,000+ "stimulus" plan.
Call your Senators and Representative and demand that they vote NO on the current "stimulus" package. (202) 224-3121
Posted by Ongo Consulting at 10:43 AM 0 comments
Labels: bailout, democrats, fdr, great depression, new deal, no stimulus package blog, President Obama, read the stimulus, republicans, TARP
Monday, February 2, 2009
How Government Prolonged the Depression - No Stimulus Package Blog
Many credit New Deal policies with pulling the U.S. out of the Great Depression. However, FDR's plan was a mixed bag which in many cases prolonged the Great Depression.
Check out this great Wall Street Journal article by University of Pennsylvania professor of economics Harold Cole and UCLA professor of economics Lee Ohanian.
Posted by Ongo Consulting at 11:58 AM 0 comments
Labels: bailout, democrats, fdr, great depression, new deal, no stimulus package blog, President Obama, republicans, TARP, wall street journal