American Fortune Life

To be honest, Andy's questioning of the state's over-intervention policy in the Roosevelt New Deal more than 50 years ago is inherently risky.

You know, Roosevelt has consistently ranked in the top three with Washington and Lincoln in American rankings of past presidents.

The American people spoke highly of Roosevelt mainly because he entered the White House in the context of the Great Depression of the capitalist countries, implemented the New Deal, made the United States survive the great crisis, and led the United States to win the Second World War. The richest and most powerful country in the world. His political achievements during his reign were respected and loved by the American people.

However, in the view of Andy, it was only set off by the incompetence of others at that time. You must know that Roosevelt, who was also the governor of New York at that time, responded to the economic crisis by using tricks to go straight to the street to send Americans . . .

Seriously, if he had not caught up with World War II, 12 million people would have joined the army at that time because of the outbreak of the war, which was also an important reason for the decline in the unemployment rate at that time.

During World War II, the United States became an arsenal and sold a large number of weapons to the European battlefield, and the GDP increased naturally. With the implementation of the new policy, it is a fact that the state's transitional intervention will not end the crisis.

Opportunity favors Roosevelt. How would the New Deal come to an end without World War II? What will happen to American and even world history? What about Roosevelt? It's really hard to say.

In the current financial crisis, in September last year alone, the Federal Reserve Board announced that it would provide $ 85 billion in emergency loans to AIG, which is on the verge of bankruptcy, and nationalize it. Other famous American financial institutions such as Goldman Sachs, mg Chase Bank and others also suffered heavy losses, provided financial assistance, and forcibly occupied shares. Recently, there were news that Citigroup is negotiating with the US government on equity issues.

"Don't waste a serious crisis, because the crisis allows you to do things that you couldn't do at all before." This sentence stated that Austrian Guanhai's highest policy is not to waste the opportunities brought by the US economic crisis.

Roosevelt was the ancestor of big government, followed by Johnson. Now Okuanhai is also using the voters' economic crisis to panic, doing things that donkey party members could not do before.

They each took advantage of the crisis facing the United States and expanded government power. It is interesting that the founding fathers of the United States at that time were all authentic liberals, while the policies pursued by Roosevelt, Johnson, and Okuanhai were completely opposed to the ideas of the founding fathers.

"... Only by not repeating the mistakes of that year, will America's freedom and wealth avoid being looted again!"

Andy Smith responded to a reporter's question on the corridor of the Capitol building. Through television, the speed of the Internet spread throughout the United States, causing great discussions in all walks of life.

After all, everyone understands that there is no free lunch in the world, and the economic policy of saving the market will impose huge debts on American taxpayers. In the short term, the trillions of dollars invested by the government will certainly play a stimulating role, but in the long run, the government ’s huge deficits and liabilities will hit the US economy.

Andy, who has already finished his first appearance in Congress, can't think of it. Although the hearing is over, the words he said will play such a big role and cause such a huge bout.

Looking at the reports in major newspapers, economic experts produced by various TV stations discussed, various street interviews, and the rhythm of the Internet has turned upside down, and even more than half of them have been very upset about the government ’s huge deficit expenditure. They are not Willing to allow Austrian Guanhai to write an arbitrarily filled check under the pretext of saving the economic crisis.

Moreover, it has also caused many other associations, such as the party ’s efforts, various political analysts to jump out and talk about what the high opinion support of the Olympics will not last. In the mid-term elections next year, voters may take the leadership of Congress. The power was given to the Elephant Party, and the economic policies of the big government that balanced and restricted the Austrian government through the Elephant Party.

The most important thing is that because of Andy's words, more voters will realize that the economic crisis brings difficulties, but the government uses the economic crisis to increase the government's power and it will bring even greater disaster.

For a while, Andy Smith was pushed to the cusp!

"... Sorry, Mr. President, I didn't expect this to happen." Andy looked at the stack of newspapers in front of him, his mouth raised, his voice filled with crying and helplessness, and on the phone to President Aoguanhai Slightly apologized.

To be honest, the biggest headache at this moment is President Okuhai. Although the economic stimulus plan has been passed, it has not achieved the expected results. The public continues to wait and see. Instead of rising, the stock market continues to fall. Andy's seat is big. The "government" speech was undoubtedly pouring oil on the fire and directly baking the Olympic Guanhai on the fire.

The hearing hosted by the Donkey Party, because of Andy Smith's strong counterattack, can be regarded as a complete lifting of the stone and smashing his own foot.

Of course, if there is a helpless angry party, there will naturally be a happy and happy party. The Elephant Party is undoubtedly the happiest. It is almost a chance to take the opportunity to go crazy and watch the sea. The most serious thing is that the original election was the Olympics. Benefits such as universal medical insurance promised by Hai.

Expressing his apology for having no intention of aiming, Andy who hung up the phone also smiled helplessly, and the matter has been out of his control. At this time, it has fermented into a world topic. He also knew for the first time that his influence Power has reached such a level of horror. Of course, although there is a component in it that promotes the situation, it is enough to make him proud.

However, as public opinion orientation became more and more detrimental to the Donkey Party and Oguanhai, the financial giants on Wall Street were not happy about the success of the investigation hearing for two days. The counterattack regained the attention of the American people.

On February 15, three days after the hearing, Andy watched the news report on TV, and frowned as he froze.

"The Financial Crisis Inquiry Committee was established by the US Congress and has a total of 10 members. It will hold a series of hearings throughout the year to investigate the real cause of the financial crisis, and then promote the United States to strengthen financial supervision and prevent a crisis from happening again.

The responsibility of the US Congress to the Financial Crisis Investigation Commission is to investigate the causes of the US financial and economic crisis, including national and global causes. There are 22 items that must be investigated in detail, covering financial control, subprime mortgages, derivative financial products, credit rating mechanisms, and why there are financial institutions that are too big to fail. Among them, the issue of particular concern is "investigating global savings imbalances, imbalances in international capital flows, and whether fiscal imbalances have caused this financial crisis." . . "

"Aoguanhai this is a complete break with Wall Street after the salary limit order!" Andy mumbled a bit ugly. We must know that the power of this commission of inquiry is rare in 80 years. Even the 9/11 commission of that year would be ashamed. In history, only the commission responsible for investigating the responsibility of the Great Depression in the 1930s could be compared with it.