Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label New Deal. Show all posts
Showing posts with label New Deal. Show all posts
05 October 2013

An Empire of Money and Privilege in Decline: Portrait of a Tragic Policy Error

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"Everybody, sooner or later, sits down to a banquet of consequences." Robert Louis Stevenson "They don't have intel...
08 March 2013

Today's Non-Farm Payrolls Report - The Good News, Bad News - Unadjusted Unemployment at 13%

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Today's Non-Farm Payrolls report was encouraging despite the downward revision from last month's headline grabbing number, which...
15 January 2010

Franklin Roosevelt's First Inaugural Address: A Fitting Reminder For Our Crisis Today

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I remember my grandmother telling me how she and her family listened to this speech on the radio, in the dark days in the depths of the Grea...
15 December 2008

Did the New Deal Fail?

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Most people informed by our modern educational system would respond that the New Deal was ineffective, and that only World War II resolved t...
31 October 2008

Avoiding a Great Depression: Rescue, Rebalance, Reform

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The 1920's were marked by a credit expansion, a significant growth in consumer debt, the creation of asset bubbles, and the proliferatio...
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