Showing posts with label 1939. Show all posts
Showing posts with label 1939. Show all posts

Thursday, February 24, 2022

Putin invades Ukraine

Let's pray that NATO is up to the job, because Biden sure isn't. He left billions in matériel behind for ISIS, he's crippled our energy supply by shutting down Keystone, he's created the worst inflation in 40 years, he's weakened our military with wokeism, and did nothing but chatter and pout as Putin used Hitler's game plan of 1939. Those of you who voted for this because you didn't like Trump's strength, resolve and patriotism have helped create this disaster.

Friday, November 08, 2019

Two months ago

Where were you 2 months ago? Sept 8. Looking back at my diary, I see it was a quiet, peaceful Sunday, good church service and we were getting back into our fall routine after a great summer at Lakeside. Not a thought about brain cancer and how our lives would change forever in a few weeks.

And where were you 2 months before you were born? I was living a very quiet, peaceful life in my mother's womb, kicking and swimming, and so were you (different years and different mother, of course). Mom was 27 and chasing after my 2 older sisters. I don't know if we--all of us--were living at 203 E. Hitt St., not sure I ever asked when they bought the home I remember. The newspapers were full of the growing tension in Europe caused by Hitler who in a few weeks, about the time of my birth, would march into Poland, but the U.S., including FDR, was still planning to be neutral.

Two months before you and I were born we were the same persons we are today, just smaller. Yet there are women walking into "clinics" today, November 8, who have changed their minds and will kill their babies who could have survived outside the womb. “Oh, but that's rare,” you say—“It's a woman's right.” OK, name the figure, the number of babies, that is acceptable to you. 50? 100? Perhaps 1,000? Pick a number.

And remember, once you too were counting down 2 months to launch.

Wednesday, August 11, 2010

Citing the 1939 Morgenthau quote

Sometime ago I blogged here about tracking down a 1939 Morgenthau quote that was going around the Internet, and I found Alan Caruba. There were a number of comments, some disbelieving. Another reader, Jared Nourse of Williams College, class of 2011, contacted me by e-mail with additional information:
    "I was recently browsing the web for the 1939 Morgenthau quote and came across your blog post of Feb 2009, which motivated me to look into the question further. I'm sure you've long since come to terms with the mystery, but I uncovered the full language of the original quote in a scholarly article, which sets to rest some of Anonymous' unease with the quote.

    Since your blog is the first result for a google search on "henry morgenthau quotes," I thought you might want to post a final update that includes the full language. Here it is:

      [U.S. Treasury Secretary Henry Morgenthau, Jr.]: No, gentlemen, 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, as far as I am concerned, 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…

      But why not let’s come to grips? And as I say, all I am interested in is to really see this country prosperous and this form of Government continue, because after eight years if we can’t make a success somebody else is going to claim the right to make it and he’s got the right to make the trial. I say after eight years of this Administration we have just as much unemployment as when we started.

      Mr. Doughton: And an enormous debt to boot!

      HMJr.: And an enormous debt to boot! We are just sitting here and fiddling and I am just wearing myself out and getting sick. Because why? I can’t see any daylight. I want it for my people, for my children, and your children. I want to see some daylight and I don’t see it…

      —Transcript of private meeting at the Treasury Department, May 9, 1939, F.D. Roosevelt Presidential Library

    Horwitz, Steven. "Great Apprehensions, Prolonged Depression: Gauti Eggertsson on the 1930s." Econ Journal Watch 6.3 (2009): 313-36. Web.10 Aug 2010.

    He notes that Folsom cites the transcript as well.

    Best,

    Jared Nourse"

Thanks, Jared, I'm posting your e-mail with your permission. I always appreciate a good citation (paper would be better), although if Jesus Christ himself said it, an FDR true believer would not be swayed.

Let's hope there is someone of intelligence and character left within the Obama administration who will take him aside and explain the facts to him. Unfortunately, I think it is Obama's intention and desire to ruin the country financially, so he has no reason to change direction.

Saturday, February 21, 2009

Sourcing the Morgenthau 1939 quote

At the coffee shop this morning another imbiber handed me a quote on a torn piece of paper, "We are spending more money than we have ever spent before, and it does not work. After eight years we have just as much unemployment as when we started, and an enormous debt to boot. - U.S. Secretary Henry Morgenthau. . . May 1939." Being a librarian, I looked into his handsome face and said, "Do you know the source?" And he didn't.

So when I got home I googled it, and found every conservative, libertarian and anti-Bam source on the internet is using it. That's not a good sign. Even going to a fact checking web site like Snopes or Factcheck is dicey, because even those are political, whether liberal or conservative. Someone, somewhere, must know where the original is, but with libraries like Fisher in the College of Business at OSU closing because it's all free on the internet, I don't know if I could find a paper copy. And these days, for this librarian [retired], paper is the "gold standard." Anything digitized, like all that stuff Obama promised us would be up there for us to read, can be altered. And although his staff had wiped out all the Bush stuff on January 20, they can't even get his press conferences up in a timely fashion so you can fact check. (I wonder if his IT staff paid their taxes?)

Anyway, I only recently (yesterday) began reading Alan Caruba because he'd written about coal, which is extremely important to Ohio's economy, which Obama and his green friends are trying to kill. Here's what I found in a Caruba blog.
    In 1939, ten years after the crash on Wall Street, the Secretary of the Treasury, Henry Morgenthau, Jr., told the House Ways and Means Committee:

    “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!”
    Does history repeat itself? Yes, it does. And there is every appearance that the White House and the Congress intends to repeat many of the errors of the last Depression that came to be known as Franklin Delano Roosevelt’s New Deal.

    With exquisite timing, after ten years of research, professor of history, Burton Folsom, Jr. has published “New Deal or Raw Deal? How FDR’s Economic Legacy has Damaged America” ($27.00, Threshold Editions).

    To get an idea of just how bad the U.S. economy was during the 1930’s, Folsom notes that, even though the U.S. had budget surpluses in 1930 and 1931, government spending “ballooned and far outstripped revenue from taxes.” It was the Wall Street Crash of 1929 that precipitated the Depression, but it was FDR’s “solutions” that deepened and lengthened it, actually preventing any solution.
I'm guessing he found the source in Folsom's notes, but unless I see the committee report somewhere in print, I'll reserve judgement on the authenticity. Some quotes are just too good to be true, and after 8 years in office, I'm not sure Roosevelt had any people left who would question his plans. Anyone got a source?

And please, let's not give all the credit for the mess to FDR! President Hoover first did what Obama is doing now with help in the fall from Hank and Ben before he took office, spiking the unemployment to the 20% range. FDR's policies just lengthened it. If those two presidents had sat on their hands, if they'd just gone on vacation or wherever the summer White House was in those days, we'd be a much different country today. Regardless of whether we have a Democrat or a Republican in office, we've been bankrupting our country with social spending, not military spending, for years.


You can see from this that spending on social/human services levels or dips a little under a Reagan or a Bush, but it doesn't really go down. We'll be stuck with SCHIP and summer lunches for children forever, even though they've never been proven to help poor children or decrease poverty. In America, it's all about intentions, never results. If it feels good, it must be good. Which brings me back to the Morgenthau quote--got a paper source?

Update: Caruba has kindly confirmed the source from the Folsom book: Morgenthau Diary, May 9, 1939, Franklin Roosevelt Presidential Library.