Applesauce
Pat Cunningham offers an unabashedly liberal perspective on national politics. A note of caution: The language gets a litttle salty on some of the sites to which this blog links. So, don’t say you weren’t warned. By the way, this blog’s name is inspired by the Will Rogers quote, “All politics is applesauce.”

What would FDR think of the bailout plan?

September 23rd, 2008 at 09:43am Pat Cunningham

0000000003806-004-04362630.jpg 

Franklin Roosevelt’s name occasionally comes up in the debate over a proposed bailout of Wall Street.

John Halpin has some INTERESTING THOUGHTS on FDR and the current situation.

Entry Filed under: Uncategorized

1 Comment Add your own

  • 1. SNuss  |  September 24th, 2008 at 10:41 pm

    Just ask Joe Biden:

    Vice presidential candidate Joe Biden says today’s leaders should take a lesson from the history books and follow fellow Democrat Franklin D. Roosevelt’s response to a financial crisis.

    “When the stock market crashed, Franklin D. Roosevelt got on the television and didn’t just talk about the, you know, the princes of greed. He said, ‘Look, here’s what happened,’” Barack Obama’s running mate recently told the “CBS Evening News.”

    Except, Republican Herbert Hoover was in office when the stock market crashed in October 1929. There also was no television at the time; TV wasn’t introduced to the public until a decade later, at the 1939 World’s Fair.

    That reminds me of a quote by Ronald Reagan: “It’s not that liberals are ignorant, it’s just that they know so much that isn’t so.”

Leave a Comment

Required

Required, hidden

Security Code:

Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Trackback this post  |  Subscribe to the comments via RSS Feed


Search

Latest Posts

Calendar

September 2008
M T W T F S S
« Aug   Oct »
1234567
891011121314
15161718192021
22232425262728
2930  

Posts by Month


Most Recent Posts

Posts by Category

Syndication