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Daily Archives: November 12th, 2021


The ongoing resistance to voting freedom by GOP governed states and the minority Senate is at once a precursor and retro reminder of the actions under the GOP’s effort to reduce voter participation in our most valued and important activity as a nation. This has been the GOP’s actions since the 1800’s (which was one part of the Civil War reasons to fight our fellow Americans). This is all about power and the ability to create laws that disenfranchise all of us while promoting the well being of the top earners who control 99% of the U.S.’s wealth and pay little to no taxes. If you are being taken in by the rhetoric surrounding this budget fight then you are missing the real issues. The public face of these legislative fights are a cover for the real context which is to control the government by limiting access to voting, installing legal authorities that favor the GOP’s lines of thought. In short the GOP will take us back 100 years when there no middle class and those aspirations for a better life were no more than a pipe dream. The GOP was responsible for the marihuana ban, the “red” scare by Joe McCarthy in the 50’s, the rise of right wing religious sects (who sought (and are still at it) controlling the health rights of women under the guise of saving the unborn. To be clear I have no particular stand on abortion but I have a concern over potential orphans and abused children as a result of unwanted births. The effect of allowing the GOP to prevail could be an America that is good for the minority not the majority or the haves and the have nots. We are within arm reach of a “TOTUS” imagined country where we can be lied to in the face of facts and be expected to believe what we are told. We have to examine closely the actions of ALL politicians and understand which parts of their actions actually work for us or against us and speak out, there is no other way.

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Compare 1929 to 2020 (consider the Pandemic as the 1929 losses with the body count being much higher under TOTUS’s hand) MA

Heather Cox RichardsonOct 29

In 1929, October 28 was a Monday, the opening night for New York’s Metropolitan Opera. 

Four thousand glittering attendees thronged to the elegant building on foot or in one of a thousand limousines to see Puccini’s Manon Lescaut, the melodramatic story of an innocent French girl seduced by wealth, whose reluctance to leave her riches for true love leads to her arrest, deportation to the wilds of America, and tragic death. Flash bulbs blinded the crowd, gathered to see famous faces and expensive gowns, as photographers recorded the arrivals of the era’s social celebrities. 

No one toasting the beginning of the opera season that night knew they were toasting the end of an era.

At ten o’clock the next morning, when the opening gong sounded in the great hall of the New York Stock Exchange, men began to unload their stocks. So fast did trading go that by the end of the day, the ticker recording transactions ran two and a half hours late. When the final tally could be read, it showed that an extraordinary 16,410,030 shares had traded hands, and the market had lost $14 billion. The market had been uneasy for weeks before the twenty-ninth, but Black Tuesday began a slide that seemingly would not end. By mid-November, the industrial average was half of what it had been in September. The economic boom that had fueled the Roaring Twenties was over.

Once the bottom fell out of the stock market, the economy ground down. Manufacturing output dropped to levels lower than those of 1913. The production of pig iron fell to what it had been in the 1890s. Foreign trade dropped by $7 billion, down to just $3 billion. The price of wheat fell from $1.05 a bushel to 39 cents; corn dropped from 81 to 33 cents; cotton fell from 17 to 6 cents a pound. Prices dropped so low that selling crops meant taking a loss, so struggling farmers simply let them rot in the fields. By 1932, over one million people in New York City were unemployed. By 1933, the number of unemployed across the nation rose to 13 million people—one out of every four American workers. Unable to afford rent or pay mortgages, people lived in shelters made of packing boxes.

No one knew how to combat the Great Depression, but wealthy Americans were sure they knew what had caused it. The problem, they said, was that poor Americans refused to work hard enough and were draining the economy. They must be forced to take less. “Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate,” Treasury Secretary Andrew Mellon told President Herbert Hoover. “It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.” 

Slash government spending, agreed the Chicago Tribune: lay off teachers and government workers, and demand that those who remain accept lower wages. Richard Whitney, a former president of the Stock Exchange, told the Senate that the only way to restart the economy was to cut government salaries and veterans’ benefits (although he told them that his own salary—which at sixty thousand dollars was six times higher than theirs—was “very little” and couldn’t be reduced).

President Hoover knew little about finances, let alone how to fix an economic crisis of global proportions. He tried to reverse the economic slide by cutting taxes and reassuring Americans that “the fundamental business of the country, that is, production and distribution of commodities, is on a sound and prosperous basis.” But taxes were already so low that most folks would see only a few extra dollars a year from the cuts, and the fundamental business of the country was not, in fact, sound. When suffering Americans begged for public works programs to provide jobs, Hoover insisted that such programs were a “soak the rich” program that would “enslave” taxpayers, and called instead for private charity.

By the time Hoover’s first term limped to a close, Americans were ready to try a new approach to economic recovery. They refused to reelect Hoover and turned instead to New York Governor Franklin Delano Roosevelt, who promised to use the federal government to provide jobs and a safety net to enable Americans to weather hard times. He promised a “New Deal” for the American people.

FDR’s New Deal employed more than 8.5 million people, built more than 650,000 miles of highways, built or repaired more than 120,000 bridges, and put up more than 125,000 public buildings. It provided a social safety net for ordinary Americans, providing unemployment and disability insurance, as well as aid to widows, orphans, and the elderly. It supported labor and regulated business, banking, and the stock market. It invested in infrastructure, rebuilding roads and bridges, providing electricity to rural areas, and building schools, post offices, airports, and hospitals around the country. When World War II broke out, the new system enabled the United States to defend democracy successfully against fascists.

The new system undercut fascism at home, too, where its adherents had been growing strong, and reminded Americans that when the government supported ordinary people, they could build a strong new future.

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