A technically-oriented trading blog sprinkled with various (ir)relevant and/or (ir)reverent musings (formerly known as Musings of a Trader)
April 11, 2009
Fears of 1934
This is a Chicago Tribune cartoon from 1934 (hat tip Alex Spiroglou).
The fears then were that the US was spending itself to ruin, dictatorship, socialism and catastrophe while vainly trying to save its economy. Doesn't it sound vaguely familiar?
2 comments:
Anonymous
said...
From The Seldom Seen Kid,
Muser,
Excellent, excellent find. I also tip my hat to Mr. Spiroglou.
This current "blah, blah, blah" against spending reminds me of the Vietnam era rantings promoting the "Domino Theory" at best, and the old "Reefer Madness" movies at worst.
If you've ever seen the movie "Fog of War" with Robert McNamara - you may recall the scene where years (actually decades ?) after the war ended McNamara met his Vietcong counterpart (essentially, for all intents and purposes, their Secretary of Defense). In one sentence his North Vietmanese counterpart debunked the whole "Domino Theory" myth.
"Mr. McNamara - we would have fought ANYONE who invaded Vietnam to the death. ANYONE ! Regardless of their political ideologies!"
His point was that any invasion by anyone would be foolhardy because the invader would have been under constant guerrilla / insurgent attack. They would never get a chance to truly "rule" Vietnam.
Seems like we could have figured that out before losing 60,000 of ours and millions of theirs, but it didn't happen that way, eh? ...
If you don't mind - I would like to drop CNBC's Erin Burnett a note and have her look at your site in general and this particular post specifically. She frequently has this 'blah blah' idiot from the CATO Institute on sprouting the "intellectual empty calorie" rhetoric of "the danger of (so-called)'big' government" and so-called 'unnecessary' spending.
This guy is truly like a character from a Reefer Madness movie trying to discuss the Domino Theory. It would actually be hilarious if it wasn't so ####ing sad ...
2 comments:
From The Seldom Seen Kid,
Muser,
Excellent, excellent find. I also tip my hat to Mr. Spiroglou.
This current "blah, blah, blah" against spending reminds me of the Vietnam era rantings promoting the "Domino Theory" at best, and the old "Reefer Madness" movies at worst.
If you've ever seen the movie "Fog of War" with Robert McNamara - you may recall the scene where years (actually decades ?) after the war ended McNamara met his Vietcong counterpart (essentially, for all intents and purposes, their Secretary of Defense). In one sentence his North Vietmanese counterpart debunked the whole "Domino Theory" myth.
"Mr. McNamara - we would have fought ANYONE who invaded Vietnam to the death. ANYONE ! Regardless of their political ideologies!"
His point was that any invasion by anyone would be foolhardy because the invader would have been under constant guerrilla / insurgent attack. They would never get a chance to truly "rule" Vietnam.
Seems like we could have figured that out before losing 60,000 of ours and millions of theirs, but it didn't happen that way, eh? ...
If you don't mind - I would like to drop CNBC's Erin Burnett a note and have her look at your site in general and this particular post specifically. She frequently has this 'blah blah' idiot from the CATO Institute on sprouting the "intellectual empty calorie" rhetoric of "the danger of (so-called)'big' government" and so-called 'unnecessary' spending.
This guy is truly like a character from a Reefer Madness movie trying to discuss the Domino Theory. It would actually be hilarious if it wasn't so ####ing sad ...
Keep up the good work.
SSK
I gave up on CNBC a long time ago. I bet they would actually update the cartoon and use it as a rallying cry.
Post a Comment