Comments on: Debt markets suffer a crisis of confidence http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/ Americans in London Sat, 07 Aug 2010 20:48:59 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: researcher_64 http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/#comment-24279 researcher_64 Wed, 03 Mar 2010 00:51:59 +0000 http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/#comment-24279 Marie H : You couldn't possibly be more wrong. World War I lasted from 1914-1918. Either explain how the war caused an economic crash 10 years later, or maybe you should reread "every single account" that you have ever read. And the funny part is, you are accusing the questioner of being wrong, and talking down to him at the same time, while you are so far from the truth. :-o<br><b>References : </b><br> Marie H : You couldn’t possibly be more wrong. World War I lasted from 1914-1918. Either explain how the war caused an economic crash 10 years later, or maybe you should reread "every single account" that you have ever read. And the funny part is, you are accusing the questioner of being wrong, and talking down to him at the same time, while you are so far from the truth.

:-o
References :

]]> By: realst1 http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/#comment-24278 realst1 Wed, 03 Mar 2010 00:49:59 +0000 http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/#comment-24278 The Great Depression started under Republican party president Hoover with the direction of the fascist Robber Barons. The stock market crashed because of excessive speculation just like the one now. WWI had NOTHING to do with the American depression since the war had been over for more than 10 years. The current one started back in 2001 with the Bush junta's disastrous fiscal and economic policies. FDR got the USA out of the Depression with his WPA and CCC which built infrastructure, schools and electrified the country providing jobs and feeding millions and stimulating the economy. The country would have been even better if WWII hadn't started because it was well on the way to recovery. Because FDR had a trained workforce, solid infrastructure and instilled a "can do" attitude in the American public, the USA was able to respond to an attack from Japan and a declaration of war from Germany. If it wasn't for FDR, we would be speaking German or Japanese. This lie about WWII getting the USA out of the depression is a lie that the GOP has been spouting in recent years to denigrate the miracle that was the FDR presidency, a presidency that set the country up for prosperity well into the 70's until it started to slide with Nixon and Ford and has truly been screwed with Reagan/Bush/BushII.<br><b>References : </b><br> The Great Depression started under Republican party president Hoover with the direction of the fascist Robber Barons. The stock market crashed because of excessive speculation just like the one now. WWI had NOTHING to do with the American depression since the war had been over for more than 10 years. The current one started back in 2001 with the Bush junta’s disastrous fiscal and economic policies.

FDR got the USA out of the Depression with his WPA and CCC which built infrastructure, schools and electrified the country providing jobs and feeding millions and stimulating the economy. The country would have been even better if WWII hadn’t started because it was well on the way to recovery. Because FDR had a trained workforce, solid infrastructure and instilled a "can do" attitude in the American public, the USA was able to respond to an attack from Japan and a declaration of war from Germany. If it wasn’t for FDR, we would be speaking German or Japanese. This lie about WWII getting the USA out of the depression is a lie that the GOP has been spouting in recent years to denigrate the miracle that was the FDR presidency, a presidency that set the country up for prosperity well into the 70′s until it started to slide with Nixon and Ford and has truly been screwed with Reagan/Bush/BushII.
References :

]]> By: Marie H http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/#comment-24277 Marie H Wed, 03 Mar 2010 00:47:59 +0000 http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/#comment-24277 I don't know where you got your copy and paste job here from, but your info is incorrect. The causes are NOT unknown for the stock market crash. Every single account I have ever read up til now has blamed WWI for the crash. It diminished our resources and stole our work force. Every piece of scrap metal was used to keep our soldiers armed. Every spare it of food was sent to our soldiers. The people that could work(including women) were working to make weapons instead planting food,etc. All at once there was not enough food to go around and prices soared and so people were reclaiming their money from banks and the stock market. Nobody was investing because people were paying through the nose for a cup of wheat. Sure, the government played a role in it. They were focusing entirely on keeping our freedom(i.e. the war) and not on maintaining our basic necessities. You are so caught up in your own "genius" that you are not remembering all the facts. These are two entirely different situations. I do blame our leaders for the situation our economy is in now. But the factors are not the same.<br><b>References : </b><br> I don’t know where you got your copy and paste job here from, but your info is incorrect. The causes are NOT unknown for the stock market crash. Every single account I have ever read up til now has blamed WWI for the crash. It diminished our resources and stole our work force. Every piece of scrap metal was used to keep our soldiers armed. Every spare it of food was sent to our soldiers. The people that could work(including women) were working to make weapons instead planting food,etc. All at once there was not enough food to go around and prices soared and so people were reclaiming their money from banks and the stock market. Nobody was investing because people were paying through the nose for a cup of wheat.
Sure, the government played a role in it. They were focusing entirely on keeping our freedom(i.e. the war) and not on maintaining our basic necessities.
You are so caught up in your own "genius" that you are not remembering all the facts. These are two entirely different situations. I do blame our leaders for the situation our economy is in now. But the factors are not the same.
References :

]]> By: DAR http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/#comment-24276 DAR Wed, 03 Mar 2010 00:45:59 +0000 http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/#comment-24276 Yeah, we are and it was the credit injections and attempts to price fix and prop up industry that turned the recession into a depression and is about to do the same thing now.<br><b>References : </b><br> Yeah, we are and it was the credit injections and attempts to price fix and prop up industry that turned the recession into a depression and is about to do the same thing now.
References :

]]> By: Exile http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/#comment-24275 Exile Wed, 03 Mar 2010 00:43:59 +0000 http://www.thelondonamerican.com/9475/debt-markets-suffer-a-crisis-of-confidence/#comment-24275 Hoover's policy also raised taxes in a depression(sound familiar?). FDR extended the Depression with the "New Deal" and WWII got us out of the Depression.<br><b>References : </b><br> Hoover’s policy also raised taxes in a depression(sound familiar?). FDR extended the Depression with the "New Deal" and WWII got us out of the Depression.
References :

]]>