tag:blogger.com,1999:blog-8746692.post1482712024868149442..comments2024-03-29T02:03:49.151-04:00Comments on History Unfolding: What is at stake on TuesdayDavid Kaiserhttp://www.blogger.com/profile/05020082243968071584noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8746692.post-73829719101321797352012-11-05T10:25:39.248-05:002012-11-05T10:25:39.248-05:00I might add most financial gurus I follow predict ...I might add most financial gurus I follow predict horrendous turmoil, regardless of who is President. They claim there is no way to finance US and Euro debt, and some predict civil war in Europe and riots in the streets here! Others predict collapse of the remanants of Bretton Woods/IMF & World Bank agreements, and that the US will have no choice other than to declare it will not honor its debts... Please show me they're wrong.<br />I really hope some other ways are found, and don't want to be this pessimistic, but Bernanke's solution of printing ever more paper money will ultimately bring on Weimar-style inflation ($1000/gal gas, $500 bread, etc).<br />tructor manhttps://www.blogger.com/profile/18214448074424409144noreply@blogger.comtag:blogger.com,1999:blog-8746692.post-77463307326023539872012-11-04T22:05:56.930-05:002012-11-04T22:05:56.930-05:00Professor
Great capsule history of the New Deal, a...Professor<br />Great capsule history of the New Deal, and Great Society, key themes and sequences. <br /><br />Not often spelled out so succinctly.<br /><br />For a variety of reasons I am not as confident as you re the new renaissance in American ideas politics or spirit in future generations.<br /><br />Hope will need and require some drastic reform measures, and or politidal shocks, <br /><br />none of which Americans have been preparing to make, or which they are prepared to endure.<br /><br />All the best,<br />GMBozonhttps://www.blogger.com/profile/18078858723231122013noreply@blogger.comtag:blogger.com,1999:blog-8746692.post-77169097131962864152012-11-03T13:24:39.763-04:002012-11-03T13:24:39.763-04:00You say -- "(President Obama) could have nati...You say -- "(President Obama) could have nationalized the big banks in 2009, sold them off as separate units, and called for a new Glass-Stegall Act, but he didn't. He has done nothing for labor. The minimum wage remains well below what it was half a century ago in real terms, and hours, as a brilliant New York Times piece showed last weekend, are now much too short, not too long--too short to allow jobholders to live".<br />Well said! But let's not forget it was Pres. Clinton that signed the emiose of Glass-Steagall in 1999, and mostly Democrats who built the Fannie Mae house of cards...<br />The key to any reform is an Obama win next week, so that the least he can do will be to choose a Supreme Court that will reverse camp[aign finance laws enabling billionaires to buy our democracy. tructor manhttps://www.blogger.com/profile/18214448074424409144noreply@blogger.com