« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Comments on Spending and Debt by FDR's Treasury Secretary 

By: Decomposed in ROUND | Recommend this post (1)
Mon, 06 Jun 11 5:02 PM | 92 view(s)
Boardmark this board | De's Test Board
Msg. 33272 of 45510
Jump:
Jump to board:
Jump to msg. #

"We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong ... somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises ... I say after eight years of this Administration we have just as much unemployment as when we started ... And an enormous debt to boot!"

- Henry Morgenthau, Franklin Roosevelt's Treasury Secretary
In an address to Congressional Democrats
May, 1939
 





Avatar

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




» You can also:
« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next