Monday, September 28, 2009

Why America Survived the Great Depression, and Why She Won’t Survive This One

By Nicholas Stix

I just dug up a March 21 letter to a friend and colleague, from which I have excerpted the following passage verebatin.


A more immediate issue is the economy. We survived Great Depression I because: 1. In spite of mass immigration, in 1933 America's culture and core morality were intact. Not as strong as in 1789 or 1833, to be sure, but Americanization had been forced on the immigrant waves, and they were almost all Europeans (and the Asians were high IQ, hard-working, and limited); 2. America's industrial plant was intact; 3. FDR did not succeed in taking over the entire economy; and 4. After we destroyed the industrial plants of the Gerries and the Japs, who had themselves destroyed much of other countries' industrial plants, the whole world had no choice but to buy our products.

Not one of the above four points obtains today. And while FDR sought dictatorial power, unlike the John Doe calling himself “Barack Obama,” he did not deliberately seek to destroy the American economy.

What to do? We must stop Obama on every front. No compromise, no surrender. Americans must act as though our very lives depended on stopping this aspiring dictator… because they do.

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