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A relentless critic of FDR, John T. Flynn fought tooth and nail against the New Deal, corporatism, foreign interventionism, and the welfare-warfare state. ....
The American Institute for Economic Research was formed 90 years ago to combat the New Deal, a series of vast socioeconomic experiments perpetrated by President Franklin Delano Roosevelt, the Dr. Jekyll of Hyde Park, New York. All of those experiments failed to extricate Americans from the Great Depression, and severely injured members of minority groups, including blacks. ....
“When the [credit] delusion breaks, people all with one impulse hoard their money, banks all with one impulse hoard credit, and debt becomes debt again, as it always was. Credit is ruined.” – [.] ....
MN Gordon: Why Bonds Are Behaving Like Risky Assets – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.