This is the one he made before the market crash right?
The market crashed in '29.
I think it is an excellent speech . I agree with Hoover on almost every point . Government is a power hungry parasite . We need to be very vigilant to limit it in power and scope whenever possible . Unfortunately , we have had too many administrations since Hoover who think bigger and more intrusive government is better .
posted by Dirck
over 2 years ago
Yep he made that speech then less than a year later…The market crashed…What did Hoover do then, NOTHING! Which brought about the depression… Don’t get me wrong I don’t like big government either…But when you look at our history…Panics almost every 10 years or so, we call them recessions now…That needs some strong regulation.
Wrong Den , there has never been any problem that government could not make worse by trying to " solve" it , like now for instance .
posted by Dirck
over 2 years ago
And you think the people will solve it better??
Definitely . Every move that first Bush , and now Obama are making is making the situation worse instead of better .
posted by Dirck
over 2 years ago
Hoover, for all the crap he took all these years, was absolutely right. Do nothing, it will correct itself. FDR, as shown, only made things worse by interfering. Did Obama not study history? Yeah, raise taxes; that'll fix it. HOW MANY JOBS DID THE STIMULUS REALLY CREATE?
What a moron.
posted by RobtC
over 2 years ago
Dirck is right every time the government tries to fix something there are reprocussions that happen that make things worse.
Marti, please don't try to go political especially about progressivism
posted by tjbr52
over 2 years ago