Monday, December 22, 2008

Run on the Bank

Smoot-Franks ...er, Dodd-Hawley

In a bit of backward engineering, FDR apologists only recently, as near as I can tell, began this drum beat.  Roosevelt's heavy handed trashing of the Constitution was necessary to stave off an impending takeover by communists.  The next four years, then, will be interesting, given that the communists will be steering the ship of state.  As you astute readers know, nine years of FDR tinkering did absolutely nothing to quell Great Depression I.  What  did?  That's right, global war. I see a full circle ahead. 

2 comments:

Anonymous said...

Wow! Howie's uncle Adolf was sure an astute businessman and humorist...Here's when he offered the deal that if you deposit $2.00 you get a pair of those great glasses with the big nose and mustache...or a swell handshake buzzer.

Anonymous said...

That's probably the last time you're ever going see any Mandel's, Steins, Berg's, Baums etc. name their kid Adolph, if ever again.

oy vey ole'

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