Politics

Out of context: Reply #15872

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    You’re not Reagan, you’re Hoover
    Obama’s legacy: Bad ideas foolishly executed


    http://www.washingtontimes.com/n…

    White House officials for some time have been drawing comparisons between the 44th president of the United States, Barack Obama, and the 40th, Ronald Reagan. A truer comparison would be President Obama and Herbert Hoover.

    For the past year, I have been researching how the housing bubble of the 1920s contributed to the Great Depression. My study has involved reading numerous articles and speeches by and about Hoover, first as commerce secretary (1921-28), then as president (1929-1933).

    The parallels with our current president are astounding.

    • obama gave out all those doomed loans, bundled and sold 'em. and deregulated everything before taking office.johnny_wobble
    • you read the washtimes, are you a Moonie?DrBombay

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