Skip to main content

View Diary: Roosevelt or Hoover?  The Most Important Speech the President Has Ever Given (14 comments)

Comment Preferences

  •  Hoover really? (2+ / 0-)
    Recommended by:
    Polly Syllabic, BarackStarObama

    Hyperbole much?  If he were Hoover the whole stimulus package would've been nothing but a tax cut.  And he's not gonna be Roosevelt either, he's Barack Obama.  

    "This shit would be interesting if we weren't in the middle of it." -Barack Obama

    by dlh77489 on Wed Apr 21, 2010 at 01:36:37 PM PDT

    •  Spot on dlh, great comment. :-) n/t (0+ / 0-)

      "You would think they'd be saying thank you." - President Obama, 4/15

      by BarackStarObama on Wed Apr 21, 2010 at 01:39:53 PM PDT

      [ Parent ]

    •  Eskow makes good case, citing experts, (2+ / 0-)
      Recommended by:
      chumley, 3goldens

      that it's not hyperbole:

      George Soros, who has made billions of dollars predicting economic disasters, thinks we're headed for another disaster. ""Unless we learn the lessons, that markets are inherently unstable and that stability needs to the objective of public policy," he said, "we are facing a yet larger bubble." And a blue-ribbon group of regulators, economists, and Democratic policy leaders had this to say in a joint letter signed this week: "Neither the bill passed earlier this year by the House, nor the one currently under consideration in the Senate would have prevented the crisis. Without serious restructuring, they will not prevent a future crisis."

    •  I think you miss the point. (0+ / 0-)

      The "Hoover" comparison is a warning, not a conclusion.  And this diary is not about acting exactly like Hoover or FDR did, or imitating them tempermentally.   That's impossible anyway.  Times are very different, the challenges are different, and it goes without saying that Barack Obama will always be "Barack Obama."  

      This diary addresses the general idea of recognizing the real, enormous economic problems of one's times, and acting boldly enough to solve them.  As the author writes:

      People often forget that Hoover was a fine man -- intelligent, altruistic, and deeply bipartisan in his temperament. The structural problems that led to the Great Depression didn't occur on his watch. But by failing to act boldly and decisively he endangered the economic foundation of the country. He was an eminently reasonable person, but there is enormous danger in having the right temperament at the wrong time. We're living in unreasonable times.

      The "Hoover" comparison is a warning, not a conclusion.   If this economic situation gets worse and stays bad for years to come, Obama WILL be associated with it, fair or not.   And it will get worse if strong enough remedies aren't taken.  

      If they are taken, Obama has the potential to be one of the great presidents of all time, like FDR.

      Fox "News" = Republican PRAVDA.

      by chumley on Wed Apr 21, 2010 at 02:23:56 PM PDT

      [ Parent ]

      •  Exactly right ... (0+ / 0-)

        ... it's a warning, not a conclusion.  There seems to be a reflexive response among some uncritical Obama supporters to take offense at the comparison without thinking through what's really being said.

        Thanks.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site