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And Jeremy, if we would have taken that "hands off approach" we would have slipped into facism or communism.
Some people never learn.
FDR (a Democrat) just continued the "mimimal action" of Hoover (a Republican), and what FDR did was prolong the recession (see: http://newsroom.ucla.edu/portal/ucla/FDR-s-Poli...)
FDR was lauded because he was articulate, even Republicans considered him noble. His fireside chats would lull people to put money back into a fractional reserve banking system. But for all of his speeches, America would have been better off if the government took a hands off approach.
it looks like history is going to repeat itself again.
I think only the bare minimum will get done. Pick up Jonathan Alter's "The Defining Moment". FDR would not sign on to anything until he came into office. Hoover hated his guts. Obama seems to be stepping aside and make Bush OWN this meltdown. BTW, Obama is reading that book right now, or re-reading it.
I've been thinking about the date for Inauguration Day being changed by FDR. Thank God he did that. Can you imagine waiting until MARCH for the change over?? YIKES!!!
Palin / Gingrich 2012
or
Palin / Jindal 2012
That's funny Constantine. Calling someone a "socialist" is somehow undiginfied or unintelligent. Whereas calling someone a "wiener" is haut journalism. That's classic.