"This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance." FDR Inaugural Speech - Inauguration Day January 20, 1933
Franklin Delano Roosevelt was many things, he shared a purposeful opaqueness with Barack Obama that allowed for soaring oratory that held very little true meaning, but FDR didn't scare the hell out of the country every time he spoke.
This administration talks of fiscal irresponsibility as they drive us deeper in debt faster than ever before and making everything worse every time they talk.
"I don't think that any economist disputes that we're in the worst economic crisis since the great depression." Barack Obama Inaugural Speech - Inauguration Day January 20, 2009
Now, after Obama has now said that, oops, guess things are getting better after all, Larry Summers, Obama's top economic advisor, blurts out that we have an excess of fear:
Summers: 'Excess of fear' must be broken
President Barack Obama's top economic adviser said Friday the nation's economic crisis has led to an "excess of fear" among Americans that must be broken to reverse the downturn.
"Fear begets fear," Lawrence Summers, the president's director of the National Economic Council, told a forum.
"It is this transition from an excess of greed to an excess of fear that President Roosevelt had in mind when he famously observed that the only thing we had to fear was fear itself," Summers said. "It is this transition that has happened in the United States today."
Excess greed to excess fear. Is this another Jimmy Carter idea that it's our fault that we believed Obama and minions and are feeling a malaise?
This is a rocky road we find ourselves on and it is going to get rockier.
NB ideas
2 years ago
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