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January 19, 2009
FDR Scion Urges Moonbat Messiah to Bankrupt Economy
FDR was a marginally competent, socialist quasi-dictator who is remembered as a great president because he was in office during World War II, which jolted the country out of the depression his leftist policies had been worsening for years. Because he did more than any other president to permanently hamstring our economy, Roosevelt is worshiped by the hard left, which hopes Obama will follow in his footsteps, moving us radically toward a Marxist economic model. No one hopes this more fervently than Frank Roosevelt, FDR's grandson, who as an economics professor fills students' heads with pernicious nonsense at Sarah Lawrence College in Yonkers.
Roosevelt chides his grandfather for not spending recklessly enough. According to the Keynesian economic cult to which he belongs, the farther a government goes into debt on pork barrel spending, the healthier the economy will be. It's not all FDR's fault; moonbats didn't used to have the "theoretical knowledge" they've now invented. His advice for The One:
I think Obama has to learn from that and forget about balancing the budget. Spend, spend, spend until we've done enough to stop this decline. So if I could talk with him, I would say, "Go for broke." Literally, go for broke.
Broke is what the country will soon be, with no grownups in a position to restrain bureaucrats' spending.
If you'd like to test out the Keynesian theories that guide Democrats, take on unmanageable expenses until you're as deep in debt as our government, then go out to the shopping mall and max out your credit cards. According to liberals' "theoretical knowledge," it will return you to solvency.
On a tip from Wiggins.
Posted by Van Helsing at January 19, 2009 7:18 AM
Comments
Heck he even looks like a moonbat and as we always know how much liberals enjoy raising taxes on everybody for some ridiculous reason
Posted by: Spurwing Plover at January 19, 2009 7:43 AM
Back in the late 60's me and my friends use to spend our Friday evenings hanging out at Sarah Lawrence College trying to pick up chicks. The college had a reputation for being the most expensive and the most liberal in the country. I think Yoko Ono is an alumni. It was a haven for free drug use. The student union and the dorms were always engulfed in a haze of pot smoke. Good think they didn't use smoke alarms in those days otherwise they would be constantly going off. I don't suppose things have changed much there in the last 40 yrs. Luckily I have.
Posted by: sean at January 19, 2009 8:13 AM
"Go for broke"? Excuse me, but we ARE broke! More debts than money - that's broke!
Posted by: Nancy at January 19, 2009 8:20 AM
Oh yeah, government spending, that's what it took for people like Edison, Ford, and Rockefeller - as well as those other titans of industry - to create all the wealth we now take for granted.
Good plan. Yeah, use all the money that could go to investing in real wealth creation and throw it all down the black-hole of government. Frank is a real genius.
Posted by: Kevin R at January 19, 2009 10:02 AM
If you have debt, that means that you owe money to somebody. As long as your credit is good, that is, you are not over-leveraged, creditors are still willing to lend you yet more money. Eventually, however, the people you have borrowed from are going to want that money back. Your credit lines will dry up as lenders are unwilling to extend any more loans. Recklessly spending now will only put off the inevitable - financial collapse.
Moonbat Roosevelt is right, Obama can't balance the budget. He needs to slash federal spending well below balanced. We have bailed out the banks (yuck), the automakers (double-yuck), and have legions of others lined up with their hands out. We have essentially borrowed against future earnings to pay off the politically connected today. That's fine (well, it isn't, but it's done), but that also means that they've already spent next year's money this year. Reduce the government employee headcount by about, oh, half, throwing away any programs that can't be supported without those people, and we're well on our way. It's a win-win-lose situation where the only losers are a few bureaucrats, and no one's going to cry for them.
This has as much chance of happening as Obama passing up a chance to shower himself in pomp and circumstance, so I'm not holding my breath. There's too many entrenched bureaucrats, too few lampposts, and we've mortgaged all the rope.
Posted by: CoderInCrisis at January 19, 2009 10:36 AM
Roooooosevelt's Grandson's rantings just add another blush of true color to the belief that Liberalism is a mental problem, and possibly is passed on through generations, via genetics.
Pass the chlorine please...........
Posted by: Oiao at January 19, 2009 11:20 AM
What lefties never seem to understand is that the Federal Government doesn't have the same relationship to money that we do (individuals or corporations). The Feds issued that money in the first place; that's why the idea of Washington "saving" money (like in Al Gore's famous 'lock-box') is patently absured. The Feds have to spend money as soon as they take it in, or it gets "unissued", effectively destroyed.
The '0' is promising, what, a trillion bucks in 'stimulus' spending this year alone? He has to pay for it somehow, and do so immediately. His choices?
1. Cut spending (yeah right)
2. Increase taxes (which will snuff out any actual recovery)
3. Borrow it (by issuing T-bonds, which are a 'financial instrument' not unlike the dollar bill itself)
or
4. Kinda the same thing as 3, just print more money like Jimmy did.
Be prepared for 'stagflation' on a scale that Jimmy Cahtah only fantasized about "in his heart".
Posted by: hiram at January 19, 2009 11:26 AM
How much did FDR know about PEARL HARBOR how much advance did he know?
Posted by: Spurwing Plover at January 19, 2009 12:30 PM
"Spurwing Plover at January 19, 2009 12:30 PM"
I've debunked that TWICE on this site alone.
This is it, folks; we may not be able to save the United States. We may as well make a back-up plan to seperate into several countries.
Posted by: KHarn at January 19, 2009 3:08 PM
