Archive for October, 2008

FDR Threatened to Impose Dictatorship »

Franklin D. Roosevelt’s inauguration speech in 1933 is now most remembered for the line, “The only thing we have to fear is fear itself.” At the time, however, this newsreel did not even include that line. Instead, it highlights Roosevelt’s not so subtle threat to seize emergency powers if Congress does not submit to…
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As Government Officials Press Banks to Lend, What (if Anything) Are They Thinking? »

Message from the president to the banks: lend! This message was made perfectly clear by White House press secretary Dana Perino, who said: “What we’re trying to do is get banks to do what they are supposed to do, which is support the system that we have in America. And banks exist to lend…
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Mother, Should I Trust the Government? Division of Labour Voting Essay Contest »

I apologize for clogging RSS readers for those of you who read DOL in addition to The Beacon, but I’m putting together an impromptu essay contest on whether I should vote or not. For an sample essay, here’s Lew Rockwell’s argument for non-voting (HT: Tim Watkins). Cross-posted at the Mises Blog.

Mr. Smith Comments on Washington »

The Rock Star himself is visiting our campus tomorrow night for a huge outdoor rally—Leni Riefenstahl, bring your camera!—and the town is all a twitter. The local newspaper, which usually consults MU faculty or local politicians for commentary, ended its story with this curious bit: Obama’s planned visit had already stirred enthusiasm this morning….
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Keynesian Revisionism »

Now that the possibility of a new New Deal has been broached during the presidential campaign, along with hosannahs for FDR himself, we can expect to hear more praise for the leading economic defender of the New Deal, John Maynard Keynes. The status of Lord Keynes among historians is a paradox: on the one…
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Jimmy Durante’s Ode to Roosevelt and the National Recovery Administration »

This short promo from 1933 combines unquestioning hero worship of a politician and unexceled ignorance about economic basics. Lest you think that this is a relic of a simpler time, compare and contrast with the YouTube of the notorious pro-Obama children’s choir.

Franklin Roosevelt Rerevisionism »

Franklin Roosevelt biographer Conrad Black has a new article championing the 32nd president, and defending the man’s legacy against a number of critiques that have emerged since his time in office. This article comes at a time when many are demanding “another New Deal” and a resurgence in Rooseveltian governance in general. An interesting…
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Gallup Finds No Increase in First-Time Voters »

Here is another reason to doubt the media mantra that young voters are more “energized” than ever.

Thoughts on the Financial Crisis »

I gave a talk to a Memphis-area discussion group last week and posted an article based on the talk here. Here’s the penultimate paragraph, which contains a few useful links: In his excellent essay “An Open Letter to my Friends on the Left,” Steven Horwitz explains how government intervention rather than free-market capitalism has…
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Land of the Free, Home of the Brave, Adieu »

Leonard Pitts is one of the few newspaper columnists whose writing I consistently enjoy reading, even when I disagree with it. In his October 19 column “Fear Has Profoundly Changed Us,” Pitts gives us a beautifully crafted statement on a supremely important subject: the kind of country the United States of America has become….
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