As the presses rolled and the dollar supply increased, those in charge of the Treasury, Federal Reserve, and in general those politicians who knew, but didn’t want to admit it, refused to confess that inflation is, as the dictionary says it is, “an increase in the money supply.” Inflation continued, and prices rose slowly but […]
World War Two Will remain in my mind a long time, after viewing Ken Burn’s “WAR” on PBS! But after that war, which Truman ended by bombing the smithereens out of the Japs with the world’s first atomic bombs, things got a lot better. Before we go any further, let me point out that even […]
World War Two was tragic. In watching Ken Burns’ nine part series “War,” one can’t help bringing back all the old feelings of hatred of the Japanese torture, beheading, and starving of their prisoners. As one watches helpless B-17s plummet to earth after having been shot down by German fighter planes, it’s just so numbing […]
I have a lot of books, and read usually about 40 a year. I mention this, because when I begin to write about the folly of FDR getting us into WW II, it is a terribly complex and controversial thing to write about, but I’ll try. FDR is a folk hero to most Democrats and […]
Taxes, taxes, taxes, is mostly what we pay.From state, local, property, FICA, federalincome, utility, stock transfer,utilities, telephone, fuel, etc., taxes consume over 50% of the ordinary income, and far more of a higher one. Were the total truth be known, if the chain of taxes on all labor, property, fuels, transport, distribution, and materials of everything […]
There are two methods of government’s getting its way with its subjects. The first if force, and the second is to make them dependent. Make them think you are the issuer and provider of all that’s wonderful and good. Make them so dependent, that they can’t continue without government handouts, assistance, and largess…or at least […]
After WW I, and after 1929, the American farmer was in trouble. Exports had decreased after the war, and during the depression, people were actually hungry, and weren’t buying as much food as they had before the crash and massive job layoffs. FDR ran on a “farm” program, promising to help the farmers. He did, […]
As I said in previous columns, FDR decided that huge amounts of government spending would get America out of the depression, (it didn’t) but he had no money to pay for such spending. Since dollars were backed by gold, it would have been difficult to simply turn on the presses to get the required funds […]
The sad demise of the once grand United States of America, many say, began long before 1933, and they may be correct, but I’ll take 1933 as when it began with all the force one President, and one political party could muster. Why 1933? Because that’s the date on which Franklin Delano Roosevelt (FDR) took […]
The Muslims are growing rapidly around the world. They aren’t inducting the intelligentsia and wealthy, because it is so silly, but they are making converts. Black Muslims have been around in the U.S. for a long time, but others are also increasing in numbers. The question is: Can a good Muslim be a good American? […]
