Great Depression

Three Longest Economic Expansions Since World War II Under Democratic Presidents Bill Clinton, Barack Obama, John F. Kennedy, Lyndon B. Johnson

A fact often not acknowledged is that the three longest economic expansions in American history took place under Democratic Presidents.

The longest was under President Bill Clinton, with the expansion beginning under Republican George H. W. Bush in March 1991, but the expansion lasting until March 2001, a total of 120 months or 10 years, so the vast majority under Clinton.

The second longest is from 2009 to the present, nearly nine years recovery from the Great Recession, begun in late 2009 under Barack Obama, and continuing under Donald Trump.

Obama came into the worst economic situation since Franklin D. Roosevelt, succeeding Herbert Hoover at the worst moments of the Great Depression in 1933.

Donald Trump loves to brag how great the economy has been under him, without giving credit to his predecessor for the nearly seven and a half years of economic expansion that preceded Trump taking the oath, arguably the best inheritance ever in American history.

The third longest expansion was from 1961 to 1969, 106 months, which has just been surpassed now in 2018. It began under John F. Kennedy in February 1961, continued all the way through the term of Lyndon B. Johnson, and ended in December 1969 under Republican Richard Nixon.

Add the fact that nine of the last ten economic recessions occurred under Republican Presidents Dwight D. Eisenhower, Richard Nixon, Gerald Ford, George H. W. Bush, and George W. Bush, and it is clear the nation has benefited much greater economically from Democratic administrations than from Republican administrations.

229th Anniversary Of First Presidential Inauguration Of George Washington In 1789: A Moment To Reflect On The Dangers To The Presidency As An Institution

On this day, April 30, in 1789, George Washington was inaugurated, 57 days late, in lower Manhattan in New York City, as the first President of the United States, setting important standards for Presidential actions and behavior over the next two and more centuries.

Washington arrived late due to the need to plant the crops on his Virginia plantation, Mount Vernon, and traveled by horse from Virginia to NYC, being wined and dined along the way.

So Washington was the only President to serve two terms, but less than eight years, due to the loss of those 57 days in his first term, but his second term ending on March 4, 1797.

Two hundred years later, President George H. W. Bush commemorated the bicentennial of that event in New York City.

Now we have a President who challenges the institution of the Presidency in dangerous ways, and wishes he could be President for life, rather than the constitutional limit of two terms or ten years if succeeding during the last half of the term, as set up in the 22nd Amendment, passed through Congress in 1947, and ratified and going into effect in 1951, affecting all future Presidents from Dwight D. Eisenhower onward.

Any person with rationality and knowledge of the history of America well knows that the threat of Donald Trump is real, and that the news media, the Congress, and the Judiciary must coordinate their efforts to remove him from office, as he has already done great damage to the institution of the Presidency.

We have not survived the Civil War, the Great Depression, the Cold War, and the danger of Richard Nixon, to allow ourselves to be undermined by the clear and present danger of Donald Trump!

Republican Presidential Administrations From Richard Nixon To Donald Trump: Indictments, Convictions, Prison Time, Plus Warren G. Harding And Ulysses S. Grant

We are in the midst of the most corrupt series of Presidential scandals in American history in the 15 months of the Trump Administration.

An investigation of Presidential scandals since Richard Nixon left office demonstrates the following:

Under Gerald Ford and Jimmy Carter, there were no serious, protracted scandals of note.

Under Ronald Reagan, there were serious scandals that led to 26 indictments, 16 convictions, and 8 sent to prison–most outstanding being the Iran Contra Affair, which led to indictments of the Secretary of Defense, the head of the Central Intelligence Agency, two National Security Advisers, Deputy Chief of Staff, as well as criminal prosecution or resignation of the head of the Environmental Protection Agency, and the Federal Emergency Management Agency.

Under George H. W. Bush, he gave pardons to a number of people convicted under Reagan, and some wondered if the President was covering his own rear end, and potential involvement in the Iran Contra Scandal in particular.

Under Bill Clinton, while there were a lot of investigations under Republican Congresses after 1995, and the President was impeached in regards to the sex scandals with Paula Jones and Monica Lewinsky, there were no serious scandals that led to any indictments or convictions.

Under George W. Bush, there were a lot of scandals, leading to 16 indictments, 16 convictions and 9 sent to prison, and many people working for Bush resigned rather than testify in many investigations. There were many abuses centered around the wars in Iraq and Afghanistan, and in the promotion of national security, and led to resignation of Attorney General Alberto Gonzalez, Lewis “Scooter” Libby who was the aide to Vice President Dick Cheney, and White House Adviser Karl Rove among others.

Under Barack Obama, there were no serious violations of the law or scandals, despite many investigations by Republican Congressional committees, including Hillary Clinton after the Benghazi Libya attack on the US Embassy by Muslim extremists.

When one adds the massive scandals under Richard Nixon, and now Donald Trump, it is clear that under Republican administrations, corruption and abuses have been widespread, although not under Gerald Ford, and that the three Democratic Presidents, despite much criticism, had no serious scandals on the level of Nixon, Reagan, Bush 2 and now Trump!

And when one goes back to earlier scandals under Warren G. Harding in the 1920s and Ulysses S. Grant in the 1870s, both Republican Presidents, it only adds to the image and reality of Republicans presiding over scandalous times, as well as nine of the last ten economic downturns since 1953, along with the Great Depression under Herbert Hoover after 1929!

April 12, One Of Most Historic Days On Calendar: 1861, 1945, 1961

Every day on the calendar, historically, has had some interesting event occur, but April 12 is an unusually historic day worth remembering.

Three path breaking events occurred on April 12.

In 1861, the attack by South Carolina on the US fort, Fort Sumter, in Charleston Harbor, occurred, the first shots of the Civil War.

In 1945, the greatest President of the 20th century, and the President who has had the greatest impact on us of any President, Franklin D. Roosevelt, died in Warm Springs, Georgia, thrusting Harry Truman into the Presidency at a time of great challenge, with the Second World War not yet ended, and the challenge to overcome Japan in Asia still ahead of us.

FDR did more for America domestically than any President, and much of what he accomplished is now under attack by the Trump Administration.

At the same time, Truman, despite questions about his competence to become our President, proved his ability to take on the responsibility, and is now rated 5th or 6th among all of our Presidents, while FDR is rated 2nd or 3rd greatest.

And in 1961, exactly a century after Fort Sumter, the Space Age began, as far as manned space exploration, with Yuri Gagarin of the Soviet Union being the first astronaut to orbit the earth, and now further space exploration is in the offing.

To have the Civil War start on this day; the promoter of the New Deal to cope with the Great Depression, and also the Second World War President, FDR, to die on this day; the accession to power of Harry Truman; and the inception of the Space Age—all on this day, makes April 12 a special day in the historical calendar!

Tariffs And Republican Depressions: Benjamin Harrison, Herbert Hoover, Now Donald Trump?

Protective tariffs made sense in the time of Alexander Hamilton and the time of Henry Clay.

But in the late 19th century, big business corporations were able to create higher tariffs that were detrimental to the American worker, consumer, and economy, with the assistance of the corrupt Republican Party of the period.

In 1890, under Republican President Benjamin Harrison, we saw the passage of the McKinley Tariff, named after the future President, and it undermined the economy and contributed to the disastrous Panic of 1893, which affected the nation until 1898.

In 1930, months after the Stock Market Crash, Republican President Herbert Hoover, ignoring the pleas of hundreds of economists, signed the Smoot-Hawley Tariff, which caused a great worsening of the developing Great Depression.

As the decades went by, most Republicans and intelligent Democrats realized that high tariffs were not good, and free trade agreements developed in the 1990s.

Some far left liberals and some far right conservatives joined forces to fight this, and now Donald Trump has declared the inception of “Tariff Wars”, which will bring down the American economy, harm consumers and farmers, and cause unemployment to rise.

Trump is alienating the whole world–including China, Canada, Mexico, the European Union, and more–and instead will destroy the economic lives of millions of his own supporters, if he is not stopped from his crazy, lunatic actions!

Assuming we cannot stop what he is doing, the Republicans will suffer a blood bath, that will put the Republican Party in the dustbin of history.

It is time for Paul Ryan and Mitch McConnell and the Republicans in Congress to show some “cajones”, and turn against Trump before he totally destroys the nation economically, and takes unto World War III against North Korea, who would be helped by China, and Iran, who would be helped by Russia.

The War Cabinet Emerges: Larry Kudlow, Mike Pompeo, And John Bolton: Great Depression And Aggressive War Against North Korea And Iran On The Horizon!

Donald Trump has now forced out Gary Cohn, Rex Tillerson, and H. R. Mc Master, and replaced them with Larry Kudlow, Mike Pompeo, and John Bolton, and this turnover after only 14 months in the White House is a danger sign of trouble ahead.

Trump’s “Tariff Wars”, discouraged by Cohn, now will move forward, and Tillerson and Mc Master, both strong in their criticism of Trump oriented foreign policy of “America First”, upending traditional foreign policy for 70 years, now will move into a phase of aggressiveness in foreign policy that is likely to lead to warfare.

One can now expect that we might end up in a Great Depression, or at least a Great Recession, as we are going down the road of protectionism, which was pursued by Benjamin Harrison in 1890 with the McKinley Tariff, which led to the Panic of 1893; and also pursued by Herbert Hoover in 1930 with the Smoot Hawley Tariff, which made the already begun Great Depression much more deeper.

And we can expect that with Mike Pompeo and particularly, John Bolton, two hawks in foreign policy, the first being a Tea Party activist elected to the House of Representatives, and the second, unable to be confirmed by a Republican Senate to be United Nations Ambassador, and only there for less than a year as a recess appointment under George W. Bush, and very much advocating “regime change” regarding North Korea and Iran, we can expect two wars before the year 2018 is over.

Trump may be thinking that getting engaged in two wars will cause “patriots” to rally around the flag, and help the Republicans to retain their control of both houses of Congress, and one must recall that in Presidential years, anytime there there has been a war, the President running for reelection has always won.

So Trump might be planning to use war as a way to a second term in office, which history must make every sane person be alarmed over such prospect!

Trump’s Tariff Wars Will Destroy Agriculture, Dramatically Raise Company Expenses And Prices, Cause Massive Consumer Price Inflation, And Rising Unemployment

Donald Trump has announced a “Tariff War” against China, as the primary target, but also against most of our trade partners.

In so doing, he is guaranteeing a disastrous economy down the road.

In 1930, Herbert Hoover went along with the Smoot Hawley Tariff, and it helped make the Great Depression, which has begun months earlier, become an ever greater calamity.

But Donald Trump knows nothing about Herbert Hoover, and nothing about the effect of “tariff wars”.

So expect economic calamity, including American agriculture unable to sell their products overseas, causing a massive farm depression.

And expect that businesses will be harmed, and will start to raise prices, and those will be passed on to the consumers, all of us.

We will be paying a lot more for food, clothing, technology, and industrial goods of all kinds.

Also, many businesses, if they lose revenue, will lay off tens of thousands of workers, causing a massive rise in the unemployment rate.

And just today, the stock market reacted by losing nearly three percent, and dropping 724 points, and this will not be a one day phenomenon.

Donald Trump is destroying the revived and prosperous American economy accomplished by Barack Obama in his eight years in office.

It is almost as if he is purposely doing everything he can to wipe out the memory of our first African American President.

We have a very sick, demented President, and the nation is suffering, and will suffer ever more until he forced out of the Presidency, and it cannot come fast enough!

17 Democratic Senators Have Learned Nothing From Great Recession, And Are To Be Condemned For Joining Republicans To Cut Back Banking Reforms

In 2008-2009, we saw the collapse of the American economy, with the biggest banks and Wall Street firms guilty of causing it.

None of those banks or Wall Street firms paid a price for their illegal, unethical activities, which destroyed the economy in a manner unseen since the Great Depression of the 1930s.

Under Barack Obama, the Dodd-Frank Law was passed to insure accountability of banks and Wall Street, so that what happened a decade ago would never happen again.

But now, under a Republican Congress, the action to destroy the Dodd_Frank Law is occurring, and has been assisted by 17 Democratic Senators, and only with at least 10 of them, could such action to eliminate Dodd-Frank have moved forward.

It is shocking to see 17 of the 49 Democrats and Independents in the Senate become turncoats who effectively joined in this evil act, and all 17 need to be called out and denounced.

The problem is too many politicians gain campaign contributions from the big banks and Wall Street, so it compromises their ability to represent their states in a proper manner.

The problem is that if these Democrats are repudiated, it would only aid Republicans in possibly gaining their seats, so the issue is that it is preferable to have Democrats who will support the party on many issues, even if not on this issue.

Liberals and progressives will argue that they should be “primaried”, but the reality is that would only help promote more Republican senators, so we are in an area that could be described as “between the devil and the deep blue sea”!

But we must at least list these 17 Senators, so we are all aware of their “treason”:

Michael Bennet of Colorado
Tom Carper of Delaware
Chris Coons of Delaware
Joe Donnelly of Indiana
Maggie Hassan of New Hampshire
Heidi Heitkamp of North Dakota
Doug Jones of Alabama
Tim Kaine of Virginia
Angus King of Maine (Independent)
Joe Manchin of West Virginia
Claire McCaskill of Missouri
Bill Nelson of Florida
Gary Peters of Michigan
Jeanne Shaheen of New Hampshire
Debbie Stabenow of Michigan
Jon Tester of Montana
Mark Warner of Virginia

Ten of these 17 Senators face an election in 2018—Carper, Donnelly, Heitkamp, Kaine, King, Manchin, McCaskill, Nelson, Stabenow, and Tester.

Of these 10, only Carper, Kaine and King are in states that went to the Democrats. The other seven were Republican states, and makes the task of keeping their seats ever more difficult.

Of the 17 Senators, only 8 of them, those from Colorado, Delaware (2), New Hampshire (2), Virginia (2), and Maine came from states carried by Hillary Clinton in 2016.

So, sadly, we do not have the privilege and ability to call for the defeat of the ten who are running this year, but even true of the seven who are not running, as they are still better than Republicans to hold the seats.

Otherwise, the Democrats will lose all chance of ever gaining a majority, if they stick to an extreme progressive view of who is acceptable as a Democratic member of the US Senate.

However, one point should be made clear, that none of this list above should ever be considered seriously for President, with the reality that only the two Virginia Senators, Tim Kaine and Mark Warner, are even talked about at all as potential nominees.

Tim Kaine may have run for Vice President with Hillary Clinton in 2016, but his support of repeal of the Dodd Frank Law should disqualify him and Warner for future Presidential consideration.

The Outrageous Statement Of Donald Trump On Wanting To Be President For Life, As The President Of China: NO WAY EVER!

Over this past weekend, Donald Trump went one step further, a big step further, in his destruction of the traditions and accomplishments of America’s previous 43 Presidents.

Trump stated how much he admires the President Of China for becoming a person who did not have to gain approval anymore, and had declared himself President for life, effectively a totalitarian dictator, in the vein of Adolf Hitler, Benito Mussolini, Joseph Stalin, and Mao Tse Tung. Trump has already praised the leaders of the Philippines, Turkey, Egypt, and China earlier, and has not a word of criticism against Russian dictator Vladimir Putin, who has clearly undermined our election system, a declaration of war by means of technology.

Trump envisions himself in this manner, and yet the Republican leadership in Congress, which should have reacted in denunciation immediately, has remained silent, making them guilty of collusion with a person who clearly has Fascist tendencies, and is a danger to all civilized nations, as well as the American people.

This is a man who, by starting a trade war with tariffs against the European Union, Canada, Mexico, Japan, and South Korea, is likely to lead us to another Great Depression, vastly increasing consumer prices, and destroying the ability of our nation to export goods overseas.

At the same time, he is clearly on the way to war with North Korea, including the possibility of nuclear war, which would kill millions, not only in North Korea, but in our allies, South Korea and Japan. And his goal to go to war against iran was emphasized today by visiting Israeli Prime Minister Benjamin Natanyahu, who like Trump, is power hungry and corrupt to the extreme, and in danger of being removed, as much as Trump is.

So we could have two wars at the same time, against North Korea and Iran, and Trump’s Russian collusion is getting clearer, and means our national security is threatened.

Trump is a man that is unhinged and unstable to the extreme, and is capable of declaring martial law, and suspending the Constitution.

Trump has already violated human rights of immigrants, racial minorities, women, and gays and lesbians, and has destroyed consumer and worker rights, and done great damage to the environment, and he has no limits in his attack on the entire American tradition and accomplishments of presidents of both parties from Theodore Roosevelt to Barack Obama.

Trump is a clear and present danger to all of us, including his irrational, clueless followers, and he MUST be removed from office rapidly, as the American people and nation are under direct threat from his maniacal behavior and actions.

Mass demonstrations and marches are now required, or else the history of this nation will be permanently damaged, and we have not survived the Civil War, Great Depression, Cold War, and some failed Presidents, and some dangerous Presidents such as Richard Nixon, to sit back and accept the dissolution of the American nation, the best hope of freedom loving people everywhere!

March 4 In Presidential History

March 4 is part of Presidential history from 1789 through 1933, as the 20th Amendment, ratified later that year, changed Inauguration Day to January 20, starting in 1937.

March 4, 1789 was the day that the newly ratified Constitution went into effect, but George Washington was not in New York City on that day to be inaugurated the first President, only arriving 57 days late and being inaugurated at Federal Hall in lower Manhattan on April 30, 1789, so therefore did not serve a full eight years, as his second term ended on March 4, 1797.

March 4, 1801 saw the inauguration of Thomas Jefferson, and the world witnessed the first peaceful transition of power from one political party to another, and the losing party and candidate gracefully exiting.

March 4, 1829 saw the inauguration of Andrew Jackson, “the people’s President”, first born as NOT part of the aristocracy, and seen as representing the “common man”.

March 4, 1841, saw the inauguration of the first Whig President, William Henry Harrison, who gave the longest inauguration speech without a topcoat in cold, rainy conditions in Washington, DC, and proceeded to fall into illness, believed to be pneumonia, confined to bed and at times in a coma, until he died exactly one month later, April 4, 1841.

March 4, 1857, President James Buchanan was so sick that he considered bypassing a public ceremony of inauguration, but went through the motions, and then was in bed recovering for two weeks, before being able to lead the nation.

March 4, 1861, after a dangerous trek from Springfield, Illinois to Washington, DC, and surviving a potential plot on his life (Baltimore Plot), Abraham Lincoln was sworn in as the first Republican President, in the midst of seven states having declared their secession from the Union, and only six weeks to the outbreak of the Civil War.

March 4, 1865, the second inauguration of Abraham Lincoln, and the giving of the most famous Inaugural Address, “With Malice toward none, with Charity for all”, Lincoln did not know that his future assassin, John Wilkes Booth, was in the inauguration crowd, and was moving toward the Inauguration stand as Lincoln spoke.

March 4, 1885, Grover Cleveland was sworn in as the first Democratic President since before the Civil War.

March 4, 1913, Woodrow Wilson was sworn in as the first Democratic President in a generation, and only the second since the Civil War.

March 4, 1933, the last such inauguration date, Franklin D. Roosevelt was sworn in as the nation was in the worst moments of the Great Depression, and he gave the second most remembered Inauguration speech, “Let me assert my firm belief, that the only thing we have to fear is fear itself”, and rallied the nation around what came to be known as the New Deal.