Saturday, August 6, 2011

Do I have to take charge of this thing?

I mean it. I’ve got things done in Washington before. Unfortunately, I may have to do it again.

This is nuts. Administration types, shouting out, holding hands together in the dark.

Wiser types know what to do, and have all along. There are plenty of us.

Two items are required - a sense of history and a sense of economics. Historically there has never been one example of gov’t intervention doing squat for the economy.

Henry Morgenthau, Sec’t of the Treasury under FDR: "We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong … somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. … I say after eight years of this Administration we have just as much unemployment as when we started. … And an enormous debt to boot."



Robert Craven

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