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Topic: Analysts noting economic parallels between 1937 and today |
Analysts noting economic parallels between 1937 and today
Union Leader [Manchester, NH], by Amity Shlaes
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Original Article
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Posted By:nhchemist, 11/21/2012 9:45:06 AM
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| Will 2013 be 1937? This is the question many analysts posed as the stock market dropped after the election. On Nov. 16, they noted that industrial production, a crucial figure, dropped as well. In this case, "1937" means a market drop similar to the one after the re-election of another Democratic President, Franklin D. Roosevelt, in 1936. (Snip) Industrial production plummeted by 34.5 percent. The Dow Jones Industrial Average dropped by half,
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Comments: For the good of the country, the Republican House must hold the line on taxes and give-away programs the Democrats love. History is about to repeat itself, but I don´t think it will be as farce.
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Reply 1 - Posted by:
dolphin, 11/21/2012 10:05:35 AM (No. 9027449)
The way the educated elite "liberals" are talking about the Jews and Israel right now sounds a little too much like 1937, too.
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Reply 2 - Posted by:
Country Boy, 11/21/2012 10:05:39 AM (No. 9027450)
The entire Dem party are a bunch of arsonists, intent on burning down the country.
What´s the point of giving them half of what they want?
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Reply 3 - Posted by:
craige, 11/21/2012 10:07:12 AM (No. 9027456)
Last week, I told my sister that Obama is the modern Roosevelt. She thought I was complementing Obama...
Few understand what Roosevelt did to the country. Usually one hears about it in economic classes. Most likely, few will understand what Obama is doing to the country.
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Reply 4 - Posted by:
whyyeseyec, 11/21/2012 10:58:09 AM (No. 9027570)
@OP: Boehner is pondering just how much he plans on giving in on tax increases as we speak. The man has no back backbone and he will not fight. After all, his first pre-Speaker interview was to cry on national television. That was his introduction to the nation. Not very inspiring....
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Reply 5 - Posted by:
volksford, 11/21/2012 11:08:19 AM (No. 9027600)
Better stock up on foods with a long shelf life and have home defense weapon/s. When the "entitled" class finds no food on the grocery store shelves they will feel "entitled" to yours.
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Reply 6 - Posted by:
calgrammy, 11/21/2012 12:10:23 PM (No. 9027758)
I with #1, have been thinking pre-WW2 Berlin.
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Below, you will find ...
Most Recent Articles posted by "nhchemist"
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Most Recent Articles posted by "nhchemist"
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On Medicaid expansion, the right answer is, ´not yet´
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Union Leader [Manchester, NH], by Charles Arlinghaus
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Posted By: nhchemist- 5/22/2013 9:35:48 AM
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Like most states in the country, New Hampshire is having a difficult time answering the question about whether to expand Medicaid coverage. For the last decade, politicians of both parties have made no attempt to expand Medicaid coverage in the state. With the federal government dangling some initial money for the program, some are tempted, but unsure. Today, with so many unanswered questions, policymakers should avoid a rush to judgment and just say, "maybe."
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Senate Dems Have as Much to Explain as the IRS
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US News & World Report, by Brian Walsh
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Posted By: nhchemist- 5/15/2013 2:37:17 PM
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With Washington gripped by a trio of exploding scandals this week – from Benghazi to government spying on news outlets to thug tactics by the Internal Revenue Service – Senate Democrats seem to be hoping that if they just yell loud enough then voters will overlook a key role they played in at least one of them. (Snip) Over the last three years, Democratic senators repeatedly and publicly pressured the IRS to engage in the very activities that they are only now condemning today. At the same time, Republicans repeatedly and publicly warned against this abuse of government power
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7 Caught Trespassing At Quabbin Reservoir; Patrols Stepped Up Across State
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CBS (Boston), by Staff
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Posted By: nhchemist- 5/15/2013 7:01:31 AM
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BELCHERTOWN – Shortly after midnight Tuesday, seven people were caught trespassing at the Quabbin Reservoir. State Police say the five men and two women are from Pakistan, Saudi Arabia, and Singapore, and “cited their education and career interests” for being in the area. The men told police they were chemical engineers and recent college graduates. The Quabbin, in Belchertown, is one of the country’s largest man-made public water supplies.
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Restaurant owners blast proposal to tax employees´ tips as business´ income
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Union Leader [Manchester, NH], by Dave Solomon
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Posted By: nhchemist- 5/14/2013 7:11:13 PM
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CONCORD - Representatives of the hospitality industry are expected to turn out in force today to support a Senate proposal that would block state tax collectors from using tips to calculate a business owner´s tax bill. (Snip) For a profitable restaurant, the change would increase the deduction against the business profits tax, and could be a wash. But for an unprofitable or break-even business, the change would mean a significant increase in taxes.
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Register Guns, not Immigrants
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American Thinker, by Michael Bargo Jr.
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Posted By: nhchemist- 4/21/2013 1:13:05 PM
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The recent bombings at the Boston marathon finishing line once again reminded Americans of their vulnerability to terrorist acts. Fresh in the collective public awareness is also the issue of gun violence. Congress is at the same time wrestling with immigration reform. It is very interesting to note that while background checks are considered the major method to control gun violence, with regard to immigration Democrats have very aggressively fought the existing Federal background checks required for persons entering the U.S.
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Once more, weighing in on never-ending gun issue
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Union Leader [Manchester, NH], by John Harrigan
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Posted By: nhchemist- 3/31/2013 9:20:47 AM
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Gun control has been driving the news this week, or at least the mail. In recent weeks readers have been encouraging me to dive into the morass. There is so much noise on this issue that I don´t know where to begin. (Snip) There are abundant gun laws on the books. If they were enforced and followed up we might be able to make a dent in gun violence. But laws don´t curb the lawless.
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A Tale of Two States
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Bangor Daily News[ME], by J. Scott Moody
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Posted By: nhchemist- 3/28/2013 8:54:21 PM
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Today the U.S. Department of Commerce’s Bureau of Economic Analysis released their 2012 personal income estimates. Personal income is an important economic measure of a state’s well-being. (Snip) Since 1950, Maine has increased taxes and spending dramatically with the introduction of the sales tax in 1951 and the income tax in 1969. New Hampshire, on the other hand, did not. Increasing taxes on the private sector has two consequences. First, higher taxes will mean less money in the pockets of individuals and businesses which will reduce their ability to invest for the future.
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Most Active Articles (last 48 hours)
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Anthony Weiner announces NYC mayor run
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Politico, by Kevin Robillard
Original Article
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Posted By: Scottyboy- 5/22/2013 6:06:40 AM
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Former Rep. Anthony Weiner, whose career in public life came to an abrupt end when he sent lewd pictures to a college student on Twitter, jumped back into politics on Wednesday by announcing a bid for mayor of New York City. “Look, I’ve made some big mistakes and I know I’ve let a lot of people down,” the Democrat said in a 2-minute video announcing his bid. “But I’ve also learned some tough lessons. I’m running for mayor because I’ve been fighting for the middle class and those struggling to make it for my entire life.
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Lois Lerner´s Brief And Awful Day On Capitol Hill
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NPR, by Frank James
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Posted By: JoniTx- 5/22/2013 10:21:38 PM
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The public got its first look Thursday at Lois Lerner, who has gone from faceless IRS bureaucrat to the face that launched what feels like 1,000 congressional hearings and conspiracy theories. But it was only a brief sighting since she didn´t stay long at a House hearing to further probe her role in how some IRS workers came to target conservative groups seeking tax-exempt status. (Snip)She did make a short statement to declare her innocence, however. Lerner´s motivation was more transparent than much of what the IRS has done in connection with this controversy. She was determined to
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Criminality Appears To Lie at the Heart of the IRS Scandal
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New York Sun, by Lawrence Kudlow
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Posted By: FlyRight- 5/23/2013 5:59:27 AM
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When you get right down to it, the political targeting and stalling of tax-exempt applications by the IRS was an effort to defund the Tea Party. Rick Santelli, one of the Tea Party founders and my CNBC colleague, was the first to make this point. I’ve taken it a step further: The IRS was taking the Tea Party out of play for the 2012 election, as it looked to avoid a repeat of 2010 and another Tea Party landslide.There are a lot of numbers out there.
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Man questioned in Boston Marathon bombing shot, killed by FBI
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WCBV-TV [Boston], by Staff
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Posted By: earlybird- 5/22/2013 7:21:44 AM
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One of two men allegedly being questioned in connection with the Boston Marathon bombings was shot and killed by an FBI agent in Florida on Tuesday, (Snip)A friend of Ibragim Todashev said he and Todashev were being investigated as part of the Boston bombings. He said Todashev, 27, knew bombing suspect Tamerlan Tsarnaev because both were MMA fighters. The man claims he and Todashev were interviewed by the FBI for nearly three hours on Tuesday. The friend said he left the interview, and when he came back to the apartment he found that there had been a shooting.
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Why was the Department of Homeland Security monitoring Tea Party IRS demonstrations?
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American Thinker, by Sally Zelikovsky
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Posted By: magnante- 5/23/2013 8:09:21 AM
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What´s so interesting about 60 tea partiers protesting the IRS in San Jose, California on Tuesday, May 21st? The fact that this bit of information was conveyed to the protesters by a Department of Homeland Security officer who was also in attendance. What was a DHS agent doing at the San Jose Tea Party protest? (snip) they weren´t just spying on us in San Jose and monitoring us in San Francisco, they were watching us throughout the entire state
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Eva Longoria graduates with master´s degree in Chicano studies
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Los Angeles Times, by Nardine Saad
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Posted By: NorthernDog- 5/23/2013 3:03:53 PM
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Eva Longoria is backing up her beauty with a whole lot of brain. The actress graduated with a master´s degree Wednesday. Longoria, 38, took home a real degree (not an honorary one) in Chicano studies from Cal State Northridge, where she physically attended classes for three years, according to TMZ. "Big day today!!! Very excited to graduate for my master´s degree in Chicano studies! You´re never too old or too busy to continue your education!" the actress wrote on her Who Say site Wednesday, sharing loads of pics of her big day, posing with her family, cohorts and diploma.
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The Mystery Night
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Politico, by Rich Lowry
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Posted By: RappVol- 5/23/2013 7:36:59 AM
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On “Fox News Sunday” last weekend, White House aide Dan Pfeiffer was asked about President Barack Obama’s whereabouts the night of the Sept. 11 attack in Benghazi. This was the night when we lost our first ambassador in 30 years, and when three other Americans were killed in an attack that lasted all night long at multiple locations within the eastern Libyan city. Since the president is commander in chief, one would think where he was and what he did during such an event would be of obvious public concern.
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