Return to the sensible, sustainable economic policies of the 1920's

[Ulaven_Demorte]

Ah yes, the sound economic policies of the 1920's. Lower taxes on the wealthy, less regulation, and the dollar on the gold standard.

I'll take Causes of the Great Depression" for $1000 Alex!

Poor Ted Cruz, he can't catch a fucking break.

Cruz 2916/1929!

 

[DSpeeGal]

menatlly Ill "person" shows more signs of illness

 

[PoppingTom]

menatlly Ill "person" shows more signs of illness

Talking bout Cruz?

 

[NOIRTRASH]

No one paid federal taxes in the 20s. Tax rates were so miniscule they affected almost no one. The gold standard defeated the inflation the Democrats used to fuck bond holders.

We got our depression after the Brits, Frogs, and Americans fucked the Germans with reparations. Germany had full employment building shit for Britain, feeding the Frogs, and sending their gold to New York. Who needed workers anyplace else! New York printed tons of money they loaned to the elites to buy stocks with, like now. Stock prices got too high and Wall Street crashed once all of Germanys gold was exhausted.

 

[Sean]

Ted just spouts RW talking points not based in reality. I thought Rand Paul actually had a good night last night. Rubio sounds like he's making speeches. And not in a good way.

 

[Aglaopheme]

I concur Rand managed to come across as the least crazy.

 

[Saint Peter]

Ted just spouts RW talking points not based in reality. I thought Rand Paul actually had a good night last night. Rubio sounds like he's making speeches. And not in a good way.

Let me say a few words about RW talking points...

[LIBERAL MEDIA RANT]boo hoo[/LIBERAL MEDIA RANT]

 

[Sean]

I concur Rand managed to come across as the least crazy.

Yeah, and when Rand Paul is the least crazy of your candidates, you might be fucked.

 

[about_average]

No one paid federal taxes in the 20s. Tax rates were so miniscule they affected almost no one. The gold standard defeated the inflation the Democrats used to fuck bond holders.

We got our depression after the Brits, Frogs, and Americans fucked the Germans with reparations. Germany had full employment building shit for Britain, feeding the Frogs, and sending their gold to New York. Who needed workers anyplace else! New York printed tons of money they loaned to the elites to buy stocks with, like now. Stock prices got too high and Wall Street crashed once all of Germanys gold was exhausted.

The depression wasn't caused by reparations and, in fact, as of 1924 when the Dawes Plan was implemented, Germany was no longer in default. They met the Dawes Plan schedule of payments.

Germany didn't have full employment until the late 30's, several years after Hitler came to power and put Hjalmar Schacht in charge of sorting out the economy.

 

[Colonel Hogan]

No one paid federal taxes in the 20s. Tax rates were so miniscule they affected almost no one. The gold standard defeated the inflation the Democrats used to fuck bond holders.

We got our depression after the Brits, Frogs, and Americans fucked the Germans with reparations. Germany had full employment building shit for Britain, feeding the Frogs, and sending their gold to New York. Who needed workers anyplace else! New York printed tons of money they loaned to the elites to buy stocks with, like now. Stock prices got too high and Wall Street crashed once all of Germanys gold was exhausted.

This. More or less. Stock market crashes are almost never the result of unwise economic policy. They are almost always the result of excessive bullish speculation that drives market prices above sustainability. The market certainly reacts to economic shifts, changes in interest rates, etc. But the market reacts to almost everything, it's own inflationary condition most of all.

 

[Sean Renaud]

Noirtrash can't be right.
Colonel Hogan can't be wrong.

Excuse me I need to reboot.

 

[Libsam]

This is a good article to explain what Ted Cruz was talking about:

The Depression You've Never Heard Of: 1920-1921


Yaay, bookmarks!!

 

[RobDownSouth]

This is a good article to explain what Ted Cruz was talking about:

The Depression You've Never Heard Of: 1920-1921


Yaay, bookmarks!!

Anyone who thinks that cutting government spending in a recession as a good thing need only look back to the Bush Recession to see that that short-sighted approach hamstrung the ensuing recovery.

Only an idiot would support a return to the gold standard.

 

[Adre]

Anyone who thinks that cutting government spending in a recession as a good thing need only look back to the Bush Recession to see that that short-sighted approach hamstrung the ensuing recovery.

Only an idiot would support a return to the gold standard.

And many idiots do. They selectively unremember all the crashes we had while on the gold standard.

 

[NeverEndingMe]

well, you do have the intelligence of a zit

carry on obama slave

Ah yes, the sound economic policies of the 1920's. Lower taxes on the wealthy, less regulation, and the dollar on the gold standard.

I'll take Causes of the Great Depression" for $1000 Alex!

Poor Ted Cruz, he can't catch a fucking break.

Cruz 2916/1929!