Great Depression

Republicans Need To Face Facts: Old White And Religious Males In South, Great Plains, and Mountain West Are A Dying Breed!

Ronald 7 Comments

The Republican Party seems to be unable to understand that their future is gloomy until they abandon the idea of old white and religious males in the South And Great Plains and Mountain West being enough to win elections.

This country wants total separation of church and state.

This country wants women, African Americans, Latinos, and Gays and Lesbians to be treated with dignity.

The young are voting in greater numbers, and they are voting Democratic, as they do not want the agenda of limited government, states rights, and religion in government that the Republicans are constantly trying to force on them.

The Civil War has been over for 150 years, and states rights will not be the dominant viewpoint of future generations.

Small national government disappeared in the time of the Great Depression 80 years ago, and it is NOT coming back.

This nation is becoming one of fewer whites, and more diversity, and nothing is going to stop that trend.

And women are liberated, and will NOT allow any man to dictate what they can and cannot do with their bodies and their futures.

Until and when the GOP understands these realties, they will be a losing party, and the benefits for the Democratic Party will grow by leaps and bounds!

Key Dates In Republican Party History 52 Years Apart-1860, 1912, 1964, 2016!

Ronald 10 Comments

The Republican Party has had its key elections which transform the party on a regular basis 52 years apart, and we are on the way to that occurring yet again!

In 1860, just six short years after the founding of the party in the upper Midwest, the Republican Party won its first national victory, gaining control of both houses of Congress, and electing Abraham Lincoln, even though he won slightly less than 40 percent of the total national popular vote. The party went on to dominate American politics for the next 52 years, only losing the Presidency twice to Grover Cleveland, in 1884 and 1892.

Then in 1912, the split between former President Theodore Roosevelt and incumbent President William Howard Taft, a conflict between conservatives and progressives, led to a disastrous defeat for Taft, the worst defeated President running for reelection ever in American history before and after 1912. This put the opposition Democrats in control of both houses of Congress, and gave Democrat Woodrow Wilson two terms in the White House, although coming close to losing in 1916. He proceeded to promote programs known as the New Freedom and the New Nationalism, stealing the second slogan from TR.

The Republican Party went on to revive itself from 1920-1932, but was then made the minority party in voter registration after 1932, due to the Great Depression, and only won two terms in the White House under Dwight D. Eisenhower, and two separate two year terms in Congress over the next 32 years.

After years of establishment Republicans losing, except for Eisenhower, the conservatives took over the party in 1964, again 52 years after the 1912 split, and nominated Senator Barry Goldwater, and suffered a massive defeat, insuring the biggest landslide victory in history for Lyndon B. Johnson, and the promotion of the Great Society.

While the Goldwater mentality in broad outline became the government under Ronald Reagan in 1980, the split between conservatives and progressives revived under the two Bush Presidents, as well as criticism of the Gerald Ford, Bob Dole, John McCain, and Mitt Romney Presidential runs.

And here we are again with the right wing striving to take over the party, with Ted Cruz, Rand Paul and Marco Rubio, along with some others, trying to move the party to an extreme, more so than Barry Goldwater represented.

And one can be sure that 2016, 52 years after 1964, we will see another massive defeat, for the GOP, probably to Hillary Clinton, but with no certainty that the party, 160 years old in 2014, can survive as a viable political party opposition!

Five Years Since Financial Collapse, And What Has Been Learned? NOTHING!

Ronald 30 Comments

Five years ago this week, the financial markets on Wall Street collapsed, and America fell into the Great Recession, which many might consider the Second Great Depression, now five years long, despite claims the Great Recession is over.

Lack of proper regulation of Wall Street and the banking industry, a result of GOP control of Congress for 12 years, and a Republican President, George W. Bush for 8 years, along with some manipulation by leading Democrats, led to the worst economic outlook since 1941, and even now, five years later, with the improved economic conditions, employment will not return to pre 2008 levels until 2020 at the rate of job creation now existing!

A lot of this reality is due to refusal of the Republican Party to cooperate on legislation to create and encourage jobs, including infrastructure jobs and promotion of education training, and working to return overseas jobs to America.

But also, the Obama Presidency has not worked adequately to reform the banking structure and Wall Street, and the possibility of Larry Summers being Federal Reserve Board Chairman is precisely the WRONG thing to do, as he is part of the problem that led to 2008, and is an arrogant, overbearing, obnoxious individual who should be told to “take a hike”, with Janet Yellen the far better candidate to be the head of the Fed!

So if it going to take a grand total of TWELVE years from beginning to end for this Great Recession to be over, how is that different from the Great Depression which lasted from 1929 to 1941?

Meanwhile, a whole generation of people are suffering in terms of employment, something that will scar their future, and that of the American economy!

This is a very sad, troubling situation that must not be allowed to happen again, but it seems as if NOTHING has been learned!

Short Term Retirements Of Six Presidents, And How History Might Have Changed Had They Still Been In Office!

Ronald 2 Comments

Much more attention is paid to longevity of retirement of America’s Presidents, or those who died in office, than those who died within less than a term after leaving the Presidency.

So it is generally well known that some Presidents have had long retirements, including Jimmy Carter (who keeps on adding to his record of retirement, presently 32 years, seven months and two weeks as of today), Herbert Hoover, Gerald Ford, and John Adams.

And eight Presidents died in office (William Henry Harrison, Zachary Taylor, Abraham Lincoln, James A. Garfield, William McKinley, Warren G. Harding, Franklin D. Roosevelt, John F. Kennedy).

But it is also a fact that five Presidents who retired, died within the next Presidential term, and one died just two days after that next Presidential term ended, so we could have had at least five more Presidents die in office, and likely, due to the stress of the job, a sixth one, as well!

So who are these Presidents who would have died in office had they served another term?

James K. Polk, who died just 103 days after leaving the White House.
Chester Alan Arthur, who died 624 days after leaving the White House.
George Washington, who died 1015 days after leaving the Presidency (The White House was not yet built).
Woodrow Wilson, who died 1066 days after leaving the Presidency.
Calvin Coolidge, who died 1403 days after leaving the Presidency.
Lyndon B. Johnson, who died 1463 days after leaving the Presidency (two days after the next term of office ended).

Try to imagine Washington dying in office, our first President, and a Vice President having to challenge, earlier than John Tyler had to do in 1841, the issue of whether the Vice President could have all the Presidential authority by succeeding to the office, instead of being elected! Also, the reality that Washington would have set a precedent for a third term, which might have affected the views and attitudes of future Presidents on a third term!

Imagine James K. Polk dying in the midst of the controversy over the territories gained in the Mexican War, and how that might have affected the debates which led to the Compromise of 1850!

Imagine Chester Alan Arthur, having succeeded the assassinated James A. Garfield in office, being the second successive President who died in office!

Imagine Woodrow Wilson dying in office, after the American people had decided to elect him to an unprecedented third term, and how it might have affected the political realities of what became the conservative 1920s!

Imagine Calvin Coolidge having to deal with the Great Depression, as compared to Herbert Hoover, and the reality that he would have died just about two months before the end of his term, with his Vice President likely only serving those two months!

Imagine Lyndon B. Johnson in declining health in his extra term, and maybe dying earlier than two days after the end of that term, and his Vice President likely serving only a very short time in the Presidency, had Johnson died from the stresses of that extra term in office!

This is all theory, of course, what is known as “What If”, but it is food for thought regarding the short retirement of six of our Presidents!

Having stated all of the above, the odds are that Polk would not have been reelected due to the controversy over the Mexican War; that Arthur was denied the nomination in 1884, due to the civil service reform bill he signed into law (The Pendleton Act); that Wilson was still recovering from a stroke in 1920, and would unlikely have been reelected, had he been the nominee of his party; and that Johnson would have had trouble being reelected, due to the Vietnam War. Only Washington and Coolidge probably would have had another term, had they sought it, but even there, Washington might have had opposition to a third term on the basis that it would be creating an image of a monarchy for him to have more than two terms in office. So only Coolidge would have been likely to have had smooth sailing for another term in the White House!

90 Years Ago Today, The First Conservative President Of The 20th Century, Calvin Coolidge, Became President!

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On August 2, 1923, the short, tragic, scandal ridden Presidency of Warren G. Harding came to an end with the death of Harding in San Francisco, and Calvin Coolidge, his Vice President, became the sixth Vice President to succeed to the Presidency, due to the death of the incumbent.

Coolidge went on to an easy victory over John W. Davis and Robert La Follette, Sr. in the Presidential Election of 1924, and then chose not to run in 1928, therefore avoiding the oncoming Great Depression faced by his successor, Herbert Hoover.

The five and a half years of Coolidge’s Presidency, the first conservative President of the 20th century (with Ronald Reagan being the second one), has been judged by most scholars as mediocre at best, including scholars Donald McCoy, Robert Sobel, Robert Ferrell, and David Greenberg.

But just this year, Amity Shlaes has published a massive biography of Coolidge, attempting to redeem him as a reform oriented President, who has been overlooked and misjudged by historians.

What seems clear for sure is that Coolidge was a different President in his first year, much more activist and outgoing, than in his full term, and it seems as if the death of his son Calvin, Jr, of a blood infection from a leg blister while playing tennis, a truly tragic event, created a sense of depression and sadness in Coolidge, which he never really overcame, and within four years of his leaving the Presidency, he died at the young age of 60, probably of a broken heart.

Coolidge certainly deserves more historical analysis, but to make him out to be a reform oriented President seems a bit of a stretch, but the old quest for further interpretation of any President, his life, and his impact on the nation will always continue, and might be spurred further by Shlaes’s book and the 90th anniversary of Coolidge becoming President!

The Presidential “Bully Pulpit” From TR To Obama: Our Greatest Moments!

Ronald 18 Comments

Theodore Roosevelt, the first President of the 20th century, came up with the term “Bully Pulpit” to describe his efforts to draw attention to emerging national issues that needed our attention, with him leading the charge from the White House, and the Presidency was never the same after that!

TR led the struggle against monopoly capitalism; for conservation of natural resources; for improvement of labor conditions; and for government regulation of our food and drugs–all as important national goals. He appealed to our “better angels” in his campaigns on these issues.

Franklin D. Roosevelt led from the “Bully Pulpit” on the need for government activism to deal with the Great Depression, and in getting us ready for the challenge of international Fascism’s threat to the democracies by Nazi Germany, Fascist Italy, and Imperial Japan.

John F. Kennedy led us from his “Bully Pulpit” on the need to deal with civil rights as a moral crusade, and also the significance of learning to coexist in the world, so as to avoid an ultimate war that no one could win during the Cold War era.

Lyndon B. Johnson led from his “Bully Pulpit” on the issue of civil rights, and also on the reality of poverty in America and the need to take serious action on these issues.

And now Barack Obama has used the “Bully Pulpit” to address the issues of gay rights and the role of race in our society, and what he has done is draw attention and stature to issues that have long been ignored or overlooked as too controversial to deal with on the White House level, but he has the courage and principle that TR, FDR, JFK, and LBJ had before him!

So Barack Obama, with all of the positives and negatives that we find in any President, will be long remembered for challenging our better nature with his leadership on gay rights and race. And it is good already that New York Times conservative columnist David Brooks and 2008 Republican Presidential nominee, Senator John McCain, have endorsed his message on race as recently as the time when this author is writing this entry!

Centennial Of Gerald Ford’s Birth: A Time To Honor Our 38th President!

Ronald 3 Comments

Today is the centennial of President Gerald Ford’s birth, and a moment to celebrate and honor our 38th President.

Gerald Ford will never go down as a great, near great, or above average President, being ranked right in the middle of our 43 Presidents, but he made a vast difference to our nation.

Gerald Ford demonstrated decency, humanity, courage, conviction, and decisiveness when such attributes were needed.

Gerald Ford became President by accident, having had no desire or ambition to be President, but steadying the ship of state after the Watergate Scandal led to the resignation of Richard Nixon.

Thank goodness the nation had found out about the corruption and venality of Vice President Spiro Agnew, forcing his resignation, and the implementation of the 25th Amendment, just passed and ratified six years earlier.

Nixon picked Ford as Agnew’s successor due to his popularity with both his Republican colleagues and the respect and high regard that he was held in by the opposition Democrats, who controlled both houses of Congress.

Ford had served 25 years in the House of Representatives from Grand Rapids, Michigan, and had been the Republican leader in the House for nearly nine years, when he was tapped for the Vice Presidency.

Ford had always had the ambition to become Speaker of the House one day, if only the Republicans were to gain control of the House, which they did not do for 40 years from 1955-1995.

Ford had to “walk on eggs” for the eight months of his Vice Presidency, being there to help Nixon but not be too closely associated with him, and he acted totally in an appropriate manner.

Gerald Ford was a likeable “regular guy”, and graced us with his First Lady, Betty Ford, a truly elegant woman who dignified and added to the role of First Ladies during her two years and five months as a woman of principle, courage, and openness not typical of most earlier First Ladies.

Gerald Ford served only two years, five months and eleven days, a total of 895 days in the Oval Office, the fifth shortest duration of any occupant in the Presidency, with shorter terms of Warren G. Harding, Zachary Taylor, James Garfield, and William Henry Harrison.

Ford faced tough challenges with the decision to pardon Richard Nixon; The Mayaguez Affair with Cambodia; the difficult Recession of 1974-1975, the worst since the Great Depression; the challenge for the 1976 Republican Presidential nomination by former Governor Ronald Reagan; and the difficult election campaign against former Governor Jimmy Carter.

Ford also faced the unbelievable threat of two assassination attempts within seventeen days in September 1975, fortunately ducking bullets twice in an heroic manner.

Ford stood out as a moderate conservative who always could work across the aisle with his rivals, the Democrats, something that would not be admired today by the Tea Party Movement element which has damaged the heritage, tradition and future of the Republican Party.

If Gerald Ford were here today, he would be shocked at the social conservatism of the religious Right and the venal attacks on Barack Obama by conservative ideologues, and would probably not be accepted in the GOP of 2013 as legitimate!

Gerald Ford outlived Ronald Reagan by six weeks, and remains, as of now, our longest lived President, and it is appropriate to wish him a happy 100th birthday!

And I am thrilled to announce that later this week, I will be visiting the Gerald Ford Museum in Grand Rapids, Michigan, with my younger son, and am thrilled that the timing is such as to coincide with the Centennial of Gerald Ford’s birth! I am looking forward to learning more about the historical contributions of our 38th President, who deserves our respect and thanks!

Consumer Confidence At Highest Since 2008: Economic Boom Is On!

Ronald 21 Comments

The stock market is really booming as the author writes, and new surveys demonstrate that we are in the midst of an economic revival, the greatest in the past five years!

Housing prices have risen dramatically after a long decline, rising 10.2 percent in the first quarter of 2013, and the highest since 2007!

Consumer confidence in the future, an important psychological barrier, also reached a five year high, with growing confidence about an improved job market, something that has taken a long time, just as it did in the Great Depression of the 1930s!

Consumer spending is more than 10 percent above 2009, and unemployment compensation claims are down, other good signs of a rapidly improving economy!

All this is happening, despite Republican attempts to stall a recovery, in order to wage war on President Obama, as they have demonstrated no concern about the average middle class or poor American, and continue their image of being out there for the elite two percent and the corporations!

The True Heroes Of Natural And Man Made Disasters: Teachers, Nurses, Paramedics, Police Officers, Firefighters!

Ronald 24 Comments

Again, with the Oklahoma and Boston Marathon tragedies, as so many others, it is PUBLIC servants–teachers, nurses, paramedics, police officers, firefighters–who are the true heroes, doing beyond the call of duty to rescue and save lives!

But yet, these public servants are constantly pilloried and condemned, if they demand a living wage and decent benefits, as appreciation for their services, while people in the world of business make outrageous salaries and perks on Wall Street, and think that they deserve what they get, despite having messed up the economy, causing the Great Recession of 2008, as they have in every recession since the Great Depression!

We are told to worship Jamie Dimon of JP Morgan Chase, and other bank CEO’s who, by all justification, should be in prison for their actions!

We allow the Koch Brothers and the Walmart heirs to run rampant without any consideration of how they exploit their work force, and these are just examples, not the only ones.

We have Apple and Walmart and Target and numerous other companies which exploit foreign workers, and do not give a damn about safety or a decent living wage for these poor women and men who died in the disaster recently in Bangladesh!

It is time to hold these corporate leaders and companies accountable, and stop complaining about public servants who deserve respect and dignity and better pay for their sacrifices and dedication to the people they serve!

“Socialist” Barack Obama And The Doubling Of the Dow Jones Industrial Average

Ronald 3 Comments

It is amazing how the right wing continues to call Barack Obama a “Socialist” and worse, and yet the Dow Jones Industrial Average has doubled from its low point in March 2009, due to the Bush Great Recession, and is now at its all time high!

Wall Street is doing fantastically, while Main Street is not, due to the refusal of the GOP and the corporations to cooperate, since their goal is to make Barack Obama a failed Presidency, but even with that, five million jobs have been created in the past four years, recovering the losses under Bush and in the early months of Obama, and beginning to gain beyond the massive losses, the greatest since the Great Depression.

But of course, Obama is made out to be the “devil”, and no matter what occurs, it is always rejected, with the goal being to propagandize so that Obama will be perceived as a total failure in all areas.

But the American people know differently, and a majority twice have chosen him because he is not a captive of the corporations, and is out to regulate Wall Street through the Consumer Financial Protection Bureau, and the strong advocacy of holding Wall Street to account of Senator Elizabeth Warren of Massachusetts!