Make no mistake, America has a huge dilemma on her hands. Yesterday, Nanny and I just started to draw lines between the parallels of this "recession" (it's a depression) and the Great Depression. The list was endless. I reflected on our convo for a while. My first reaction was simply amazement at the hardships that came from such tough times. My grandma lived through this even trading sugar rations for shoes! My great-grandma's cosmetic factory was turned into an ammunition factory. The sacrifices of that generation have no equals. Nanny also made the astute commentary that FDR did not bring us out of the Great Depression, World War II did. The history books have been far too kind to one of America's worst presidents. America got out of the depression despite FDR and his New Deal policies, not because of them. Nanny also reminded me of when the government confiscated all the gold. The slippery slope is descending this way. Our liberties are vanishing. Who can honestly tell you that that won't happen again? Just listen to the language of these politicians; it's desperate, fear mongering propaganda.
Then I started to think about America's direction, and it gets a little "depressing" if you will. George Bush Jr. is Herbert Hoover and Barack Obama is FDR. Obama is bringing change no doubt about that. I'm not so sure if you want the change he's bringing. My point to all this is just to shed more light on the situation, here are some videos and podcasts that do just that:
The judge FreedomWatch is a great weekly show airing every Wednesday that frequently has Ron Paul and Peter Schiff as guests. Just press play. Freedomwatch
Peter Schiff discussing the Crash. This is a highly entertaining educational podcast.
Tom Woods an economic historian, who knew that the two were not mutually exclusive? (podcast) Both of these are on LewRockwell.com, which is a small government, free market website with great podcasts and articles.
If just one person listens to them, I'll be happy. Lets hope we get out of this, but it won't be because of an idle American population.
On the lighter side, Meg and I get to come in an hour later to work. This is so exciting. We now work from 4-11 pm. This frees up a large part of our day. Now I have no excuses for not working out! We can also get outside our neighborhood and have a larger selection of foods. I'm happy.
Here is the China itinerary:
Apr 13(Mon): Entry Beijing
Our guide will hold a welcome sign to meet you outside the
baggage claim area at the Beijing Capital Airport according
to your international (internal) flight schedule. Transfer you to
the 4-star hotel for 3 nights stay and please relax for the rest
of the day.
Hotel: Holiday Inn Central Plaza (4 star) - the best Holiday
Inn Hotel in Beijing
Apr 14(Tue): Beijing
Stroll along the famous Tiananmen Square - the largest
square in the world, and reach the Forbidden City. This
afternoon, transfer to visit the Temple of Heaven. The Beijing
Duck Dinner is served at a famous restaurant followed by a
lively Peking Opera performance at the Liyuan Theatre.
Apr 15(Wed): Beijing
Morning excursion transfers you to climb the China Great
Wall - Badaling section. A spicy Sichuan cuisine lunch is
served at a notable restaurant to recruit your physical energy.
This afternoon, stroll across the Sacred Path and reach the
Ming Tomb. On the way back to downtown, drive by the Bird's
Nest (Olympic National Stadium). You will see its appearance
at a distance.
Apr 16(Thu): Beijing Exit
Bid farewell to the city after having a stay at the Summer
Palace.
10 comments:
I wonder if I'll be on the Missouri militia terrorist watch list.
I got excited when I saw your headline, I knew that there would be some good fodder to follow.
I noticed a year ago that my grandma and I have more in common in our politics than most people I come across. Probably because I've been reading alot about the things that happened during her childhood.
For some time now I've been meaning to write a blog post about the parallels between the American Recovery and Reinvestment Act (recovery.gov) and the New Deal. I highly recommend reading the New Deal wiki page.
I'll have to respectfully disagree with nanny that "world war II ended the great depression." Although the fact that we destroyed the worlds means of production didn't exactly hurt the demand for our products. But I think the point I would like people who read this comment to walk away with is... blowing up wealth and people doesn't "create a booming economy" or "end depressions." While getting the people to work harder will increase GDP, it certainly doesn't increase the standard of living for the common man. Employing people to create war supplies just creates bubbles in industries that will surely pop the day the war is over (thus making it necessary for perpetual war) And then to destroy the hardwork... no, not good. The depression ended when the war ended and government spending dropped by two thirds and taxes dropped by a third. That my friend, will create booms and end depressions. God Bless America! and South Korea.
Well said.
This is an interesting little ray of optimism: http://www.lewrockwell.com/blog/lewrw/archives/026046.html
Someone in Washington is taking notes at what the good Dr. has to say!
I was about to write a comment about the "WW2 got us out of the depression" myth, but Scott covered it nicely.
Pretty sweet that you are checking out China. Take plenty of pictures.
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