"The depression has ended." - Dr. Julius Klein, Assistant Secretary of Commerce
Quote
September 1929
"There is no cause to worry. The high tide of prosperity will continue." — Andrew W. Mellon, Secretary of the Treasury.
October 14, 1929
"Secretary Lamont and officials of the Commerce Department today denied rumors that a severe depression in business and industrial activity was impending, which had been based on a mistaken interpretation of a review of industrial and credit conditions issued earlier in the day by the Federal Reserve Board." — New York Times
December 5, 1929
"The Government's business is in sound condition." — Andrew W. Mellon, Secretary of the Treasury
December 28, 1929
"Maintenance of a general high level of business in the United States during December was reviewed today by Robert P. Lamont, Secretary of Commerce, as an indication that American industry had reached a point where a break in New York stock prices does not necessarily mean a national depression." — Associated Press dispatch.
January 13, 1930
"Reports to the Department of Commerce indicate that business is in a satisfactory condition, Secretary Lamont said today." - News item.
January 21, 1930
"Definite signs that business and industry have turned the corner from the temporary period of emergency that followed deflation of the speculative market were seen today by President Hoover. The President said the reports to the Cabinet showed the tide of employment had changed in the right direction." - News dispatch from Washington.
January 24, 1930
"Trade recovery now complete President told. Business survey conference reports industry has progressed by own power. No Stimulants Needed! Progress in all lines by the early spring forecast." - New York Herald Tribune.
March 8, 1930
"President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days." - Washington Dispatch.
May 1, 1930
"While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States - that is, prosperity." - President Hoover
June 29, 1930
"The worst is over without a doubt." - James J. Davis, Secretary of Labor.
August 29, 1930
"American labor may now look to the future with confidence." - James J. Davis, Secretary of Labor.
September 12, 1930
"We have hit bottom and are on the upswing." - James J. Davis, Secretary of Labor.
October 16, 1930
"Looking to the future I see in the further acceleration of science continuous jobs for our workers. Science will cure unemployment." - Charles M. Schwab.
October 20, 1930
"President Hoover today designated Robert W. Lamont, Secretary of Commerce, as chairman of the President's special committee on unemployment." - Washington dispatch.
October 21, 1930
"President Hoover has summoned Colonel Arthur Woods to help place 2,500,000 persons back to work this winter." - Washington Dispatch
November 1930
"I see no reason why 1931 should not be an extremely good year." - Alfred P. Sloan, Jr., General Motors Co.
January 20, 1931
"The country is not in good condition." - Calvin Coolidge.
June 9, 1931
"The depression has ended." - Dr. Julius Klein, Assistant Secretary of Commerce.
For those of you that are history impaired, The Great Depression did not end until after 1941, and only because we entered into WWII.
"History Impaired" Ha! I love it!
ReplyDeleteThe fellatio that Ben Bernanke is getting for planting the seeds of U.S. dollar destruction and hyperinflation are staggering. Seems like all the pundits are again hollering about a V shaped recovery. Sigh. This is going to end badly.
ReplyDeleteThese people have nothing to loose by spouting positive propaganda. The problem today is that the government controlled media passes this on, and only the Patriots can recognize it as false. This is a VERY dangerous sign of their desperation.
ReplyDeleteDeception and smoke and mirrors all the way boy.
ReplyDeleteI keep hearing the same arguments about the UN taking over or instituting the AMERO. Well, I can imagine far worse things than just instituting a new dollar as a result of the current increasingly worthless one we are using. The fact is that these are mere buzzwords with very little explanation or meaning as to what is really happening.
ReplyDeleteThe "globalists" don't need to somehow cause the failure of all financial institutions - they really did it on their own, through greed, corruption, and waste. And we are all responsible for living the lifestyle and enabling it.
People that want to control the world do not want unpredictability. They don't want rioting and the possibility that the halls will be stormed and the state will be weakened beyond repair. But that is what will happen to bankrupted governments. And if you believe from the wreckage of all of this that a new, BIGGER single government will be erected I think you are being self-deceived. that is just as likely as all of the individual countries lifting themselves up by the boot-straps and carrying on just as before, untinged by the collapse of a world too big and fat to exist.
Quote "I keep hearing the same arguments about the UN taking over or instituting the AMERO. Well, I can imagine far worse things than just instituting a new dollar as a result of the current increasingly worthless one we are using."
ReplyDeleteI think you misunderstand what the purpose of the AMERO and the "Globalist" agenda. It is to create a serf population. Meaning people so far in debt they never own anything and assets are 100% owned by the elite in perpetuity. That means every current fiat currency will be traded in at pennies on the dollar for the new AMERO currency. Meaning your net worth is fractionalized instantly and so would your earnings. That is why it would not be in your best interest. There is your explanation...
Edit: Canadian and U.S. currency will be traded for AMERO. I am getting ahead of myself for when they just introduce one global currency (-:
ReplyDeleteI do understand the popular notion among the conspiracy community that "the elites want to control and enslave the entire world". But I still believe that to be an impossibility. As the chaos ensues, no doubt there will be an increase towards fascism. Whether this is planned or not (I believe there is no way to have planned all of this) is probably irrelevant. Society will be breaking down into different pieces. From the rubble we don't know what precisely will occur. But centralization most likely will be falling increasingly to the way-side given the bankrupt state of the world and its dwindling resources.
ReplyDeleteToday is very smilliar situation, many people worldwide have symptoms of depression...
ReplyDeleteStress and Anxiety is really a monster. I actually try to cope with it every day by means of anxiety relaxation methods.
ReplyDelete