The Political Trends of the late New Deal--and the Republican Resurgence

Fortunately some of FDR's reforms survived to save the present day economy from complete collapse. FDIC is about the only thing holding up the banking industry. Try as conservatives have to undermine regulation of commerce, FDR's vision of a well-regulated economy stands the test of time. Sure, the SEC has on the back burner of a Republican administration when it should have been looking out for the US public and investors.

Fear not, funding the enforcement arm of the SEC and executive support for regulation will start to bring back confidence to investing in America again.

It almost funny how conservatives are so eager to revert to the crony economics of the Bush Administration and his lock-steppin' Republican Congresses. At the expense of capitalism these phony conservatives advocate legalized chicanery of no-bid, cost-plus contracts for the Squandering and Swindling of America. Bernie Madoff and Allen Stanford must be champions of these reactionary conservatives doting on the good ole' days of rigged markets, deregulation and unabashed criminal laissez faire.

All the psuedo-historians are trying to abuse FDR's legacy of reviving America out of the Great Depression, inventing their neo-conservative nonsense to justify their support of administrations that have bankrupted America. We don't need fans of Harding, Coolidge, Hoover and Bush telling us how to get out of the current recession.

Paul of WA 6:12PM March 02, 2009