Jesse's Café Américain

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

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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