Most economists believe that Roosevelt's actions made the Depression worse.
************************************************* Join the OBAMA RESISTANCE MOVEMENT! http://www.cafepress.com/rightwingmike/6181419 --- On Mon, 3/30/09, Leland F. Jackson, CPA <[email protected]> wrote: > From: Leland F. Jackson, CPA <[email protected]> > Subject: Re: [OT] Obama forces out GM CEO > To: "ProFox Email List" <[email protected]> > Date: Monday, March 30, 2009, 1:11 PM > Below are a few excerpts form an > article about President Obama's > attempts to help the USA auto industry. A link to the > full article can > be found towards the bottom of the post. > > Most criticism of the Obama Administration's "American > Recovery and > Reinvestment Plan" are ethos from critics of the past who > objected to > President Roosevelt's efforts to deliver the economy > from the Great > Depression of the 1930s. One of my favourite authors, > John Steinbeck, > wrote a novel about the hardships of this period called, > "The Grapes of > Wrath", which you should read, if you haven't already, or > take the time > to watch the move with the same name( eg second link > below). > > http://en.wikipedia.org/wiki/The_Grapes_of_Wrath > > http://video.google.com/videoplay?docid=-9022016584178907197 > > #------------------------------ > Excerpt: > President Obama said Monday his administration has "no > intention" of > running General Motors, even as the White House demanded > the resignation > of the automaker's CEO and called for a "better business > plan" before > considering lending additional government aid. > #------------------------------ > > #------------------------------ > Excerpt: > Officials say they are "confident GM can survive and thrive > as a company > ... but it will take more significant restructuring." > > > No decision has yet been made about how much working > capital the > government will provide GM during the restructuring > period. > #--------------------------------- > > http://www.foxnews.com/politics/first100days/2009/03/30/obama-auto/ > > Regards, > > LelandJ > > Michael Madigan wrote: > > I guess Bill Ayers or Reverend Wright will take over. > > > > http://www.politico.com/news/stories/0309/20625.html > > > > > > > > ************************************************* > > Join the OBAMA RESISTANCE MOVEMENT! > > > > http://www.cafepress.com/rightwingmike/6181419 > > > [excessive quoting removed by server] > > _______________________________________________ > Post Messages to: [email protected] > Subscription Maintenance: http://leafe.com/mailman/listinfo/profox > OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech > Searchable Archive: http://leafe.com/archives/search/profox > This message: > http://leafe.com/archives/byMID/profox/[email protected] > ** All postings, unless explicitly stated otherwise, are > the opinions of the author, and do not constitute legal or > medical advice. This statement is added to the messages for > those lawyers who are too stupid to see the obvious. > _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.

