Showing posts with label the Great Depression. Show all posts
Showing posts with label the Great Depression. Show all posts

Thursday, November 3, 2011

Rioting Across America – The Great Depression and Beyond

Video:  Rioting Across America -  The Great Depression

These clips are not just of the Great Depression, but time frames surrounding that period. Do you have any doubts that the Communists and Progressives have been with us for 100 years or better? Well, they have been under many guises. Many times it is in the form of unions and organizers who claim they want to help the worker, when in reality, the ultimate goal is bringing ‘change’ to our form of government. When you were growing up, did you ever hear of these riots and this violence that eventually led up to WWII and afterwards? I didn’t. This is a first for me.

From a comment on the thread:

Those workers who were rioting were damn serious!

60,000 showed up for some of the riots at that time!

Governors of multiple states had to call out their National Guard.

The Guard showed up with their side arms, machine guns, and gattling guns, ready to use them as needed.

The workers made alot of use of homemade bombs and molotov cocktails.

The police used shot guns and alot of tear gas and “naseous” gas (that made you feel sick to your stomach).

Someone was reported dead and several were wounded at every riot that was covered in that footage.

Policemen were killed or injured.

Rioters overturned cars, attacked cab drivers and their passengers, and smashed all of the windows out of businesses.

There were alot of clubs, bats, and billy clubs used left and righ by law enforcement personnel and rioters alike.

I guess this is what we have to look forward to – a whole lot of death, injury, and destruction of personal property.

Two quotes are worth repeating from that video clip:

“American will never allow a dictator in this country.”

“Americans must remember that rioting is only a short step away from Civil War.”

Another very interesting comment on the thread:

Actually much of that film footage was from the late 1940s and even early 1950s rather than the classic Great Depression.

One of my uncles was a professional “strike breaker” during that time and throughout the 50s and 60s — what the commies called a “scab”.

He was something of a mechanical genius, and with only the most basic briefing on any sort of machine (examples — sheet metal press, printing press, textile loom, wire and cable production machinery) he could both man and maintain an industrial operation almost singlehandedly.

Whatever needed done — he found a way or made a way to make it happen!

My uncle and men like him kept whole industries in operation during the likes of these riots and maintained America as an industrial power.

Many, many of his bones were broken as he crossed picket lines — he called it the cost of doing business.

A small-framed wiry man, and a WWII veteran, my uncle had grown up working the migrant wheat harvest and knew the intrinsic value and dignity of both hard work and ingenuity.

It would not be proper to call him a fearless man. He knew fear very, very well.

But he never let union goons and the violence they did him prevent him from going in to do whatever it took to feed his family.

His body was found in a California desert.

In September of 1997, Sweeney who led the AFL-CIO, made it possible for Communists to once again lead the unions here in the US. See Aaron Klein’s excellent book, Red Army, on page 15.

History is repeating itself and the Progressives/Communists will use violence, hatred, fear, hunger and class warfare to achieve their agenda using whatever means are necessary. This path ALWAYS leads to death, bloodshed and war.

By: Terresa Monroe-Hamilton – The NoisyRoom

Wednesday, January 28, 2009

Soros Says TARP Is Poison; Crisis Worse Than 1930s

WASHINGTON -- The stimulus plan the U.S. government is currently considering is necessary to help American citizens, but it will likely not reverse the country's economic decline, hedge fund manager and billionaire philanthropist George Soros said on Monday.

"It is not enough to turn the situation around," Soros told the U.S. Conference of Mayors about the $850 billion proposal to increase spending and cut taxes.

The plan, which was introduced in the U.S. House of Representatives last week and will likely be passed by next month, will help state and local governments balance their budgets and preserve important social services, Soros said.

At the same time, the $700 billion financial bailout known as TARP for Troubled Assets Relief Program had been carried out in a "haphazard and capricious way" and "without proper planning," he said.

"Unfortunately it was misused and the way it it was done has poisoned the well. It has created tremendous ill will toward putting up more money," Soros said.

For more than a year, the United States has been crippled by a recession that was triggered by a housing market downturn. Last summer, financial institutions with exposures to securities backed by bad mortgages began to buckle.

The government stepped in with the TARP to inject liquidity into struggling firms. Last week, President-elect Barack Obama requested Congress release the second half of the funds.

Soros advocated using bailout money to recapitalize banks, but said the $350 billion would not be enough. He said such a move would take more than the entire $700 billion.

The bursting housing bubble "acted like a detonator that exploded a much larger bubble," he said.

"The economies of the world are falling off a cliff. This is a situation that is comparable to the 1930s. And once you recognize it, you have to recognize the size of the problem is much bigger," he said.

Soros said the United States needed "radical and unorthodox policy measures" to prevent a repeat of the Great Depression of the early 20th century that include recapitalizing banks and writing down the country's accumulated debt.

Also, he said, it should create more money to offset the collapse of credit and then rapidly pull that cash out of the system when inflation emerges. The government would have to be very nimble in the timing of such moves, he said.

"If they are successful...the deflationary pressures will be replaced by the specter of inflation and the authorities will have to drain the excess money from the economy almost as quickly as they pumped it in. Of the two operations the second one is going to be, politically, even more difficult than the first," he said.

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