Wednesday, October 1, 2008

Barack Obama: Worse Than The Great Depression?

Barack called the current crisis, the worst since the Great Depression. (Ignore all the GOP blaming garbage in that video.) Anyway, so I have to quote the Kos on this one:

Who's this "we"? John McCain was born in 1936 and the Great Depression ended in 1939, so unless he's saying this is worse...
I'm angry that I even have to respond to this drabble. But here's the deal, if Senator McCain was three years old, I'm sure he missed FDR's TV show, unless his parents burned it to DVD? Maybe the Marxists at the Kos want us to be in a New Great Depression, for them it would mean the end of Capitalism, which we know they are against. (Funny how their website features so many Ads.)

Talk of the Great Depression is serious business, and I cannot say it any better than the below:

Harder - The Great Depression began in October 1929, when the stock market in the United States dropped rapidly. Thousands of investors lost large sums of money and many were wiped out, lost everything. The 'crash' led us into the Great Depression. The ensuing period ranked as the longest and worst period of high unemployment and low business activity in modern times. Banks, stores, and factories were closed and left millions of Americans jobless, homeless, and penniless. Many people came to depend on the government or charity to provide them with food.

The Depression became a worldwide business slump of the 1930's that affected almost all nations. It led to a sharp decrease in world trade as each country tried to protect their own industries and products by raising tariffs on imported goods. Some nations changed their leader and their type of government. In Germany, poor economic conditions led to the rise to power of the dictator Adolf Hitler. The Japanese invaded China, developing industries and mines in Manchuria. Japan claimed this economic growth would relieve the depression. This militarism of the Germans and Japanese eventually led to World War II (1939-1945).

So, we have a credit crisis completely caused by Democrat intervention in Free Market principles, which could result in fears of a New Great Depression, and result in the populus clinging to a charismatic leader who promises them the world, but leads them to poverty.

Well... If I were a Kosian, then I'd be explaining how the entire thing was just a scam by the Dems and the left in order to secure their eventual destruction of Capitalism. But I'm not - so I won't.

In Response to: John McCain: Worse Than The Great Depression?

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