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 2011 History repeating itself again ? The Great Depression

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joefrank
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joefrank

Number of posts : 8210
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Age : 71
Location : Santa Fe, New Mexico, USA

2011 History repeating itself again ? The Great Depression Empty
PostSubject: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyWed Aug 10, 2011 9:19 pm

8/11/2011


Is history repeating itself again ? The great depression of 1929, what
is your opinion ? Mine....We're headed right down that path..Read on..

http://en.wikipedia.org/wiki/The_Depression


Cheers..Joe
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Abe F. March
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Abe F. March

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyWed Aug 10, 2011 11:11 pm

Joe, the patters are similar.
What continues to amaze me is how people respond to rumors. Instead of making a buying decision for stock on the strength of the company, they respond to the actions of others that engage in fear. They cause things to happen that they don't want to happen. People start selling, they sell. People start buying, they buy. It is a gamble.
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joefrank
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joefrank

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyThu Aug 11, 2011 8:07 am

8/11/2011


The stock market will always be like a roller coaster,
as far as gold goes, I do believe it will drop and drop
fast. I was always told you buy low, never high ! The
article I attached above is a great reading of American
history and I do believe young people should read it ..
Steinbecks " The Grapes Of Wrath," is a great book and
film on the subject.

Cheers..Joe
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Abe F. March
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Abe F. March

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyThu Aug 11, 2011 8:25 am

wouldn't it be great if our dollar was still backed by Gold?
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alj
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alj

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Location : San Antonio

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyThu Aug 11, 2011 8:30 am

Would gold be where it is if it still backed the US dollar?

Ann
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joefrank
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joefrank

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyThu Aug 11, 2011 8:41 am

8/11/2011


I think we should back our dollar with gold, I remember
in 1968 when gold was $40.00 an ounce, times have
changed...

Cheers..Joe
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alice
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alice

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyThu Aug 11, 2011 10:13 am

I think it will be worse than the great depression.

Why? We are a global economy and the world has too many problems.

The Tea Party has overlooked a few things in its self-righteous cutting of spending.

My advice--spend your money. You wil help a business and have something.

Go out to eat, take a vacation, ignore the news
They will still be whinging when you get home
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Abe F. March
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Abe F. March

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyFri Aug 12, 2011 1:19 am

Joe, your comments brought back memories of those meager years that began in 1929. I was not ten years old, but remember the hard times being discussed as though I were. I didn’t know they were hard times at that age and felt it was a way of life. Following the depression came the war years – a continuation of austerity. The frugal mindset helped them overcome the shortages. There were rationing stamps that included food items as well as things like gasoline.
Women took jobs in factories doing the work formerly done men.
What sticks with me is how people banded together within the community, helping one another. They traded ration stamps to get things they needed. Today they would probably be labeled communists or socialists. How sad it is to turn something good, like helping your fellow man, into a stigma of something bad. The family was important. Children took care of their parents in old age.
So what happened to this communal mindset or mentality? When did the feeling of “me” replace the “we” mentality? I don’t know the cause, but it appears to have happened after the war. Seeking independence, many kids left the farm and migrated to the cities seeking greater opportunity for prosperity. That was seen as progress and the sign of the times.

Not every one made it and many returned home for security. The security net was the family unit. I’m guessing here, but it seems that as the family units declined, the independent workers needed a security net and that was provided by the government.

As we are on the brink of a new recession/depression, it is time to consider ways to survive. Helping one another is highly significant. The “me” must be turned into “we”. “United we stand, divided we fall” is a truism. Food, clothing and shelter remain as the basic human needs. In tough times, the “wants” take a backseat. That doesn’t mean we should not aspire for better condition to fulfill the wants, but that our priorities require adjustment.

Giving without the thought of return (what’s in it for me), is not easy to do with the programmed mentality of “me”.

I can’t recommend a specific book to read, but I can suggest seeking information about the hard times of the past and looking for the grit that turned the bad times into the good times.


Check out the following URL about the Great Depression of 1929. http://useconomy.about.com/od/grossdomesticproduct/p/1929_Depression.htm

“What Ended the Great Depression of 1929?
In 1932, Franklin Delano Roosevelt was elected President based on his promises to create Federal Government programs to end the Great Depression. Within 100 days the “New Deal” was signed into law. This created 42 new agencies designed to create jobs, allow unionization, and provide unemployment insurance. Many of these programs, such as Social Security, the SEC (Securities and Exchange Commission), and FDIC (Federal Deposit Insurance Corporation) are still here today, helping to safeguard the economy.
However, the extent of the Great Depression was so great that government programs alone could not end it. Unemployment remained in the double-digits until 1941, when the U.S. entry into World War II created defence-related jobs”.
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alj
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptySat Aug 13, 2011 6:26 am

Back to Joe's original question: "Is history repeating itself?

Apparently:

Quote :
"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt.

"People must again learn to work, instead of living on public assistance."

Cicero - 55 BC
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alice
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptySat Aug 13, 2011 10:27 am

Ann,



When you are right, you are so right. There is nothing much new under the sun.
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Alexandermerow
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Alexandermerow

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyTue Aug 16, 2011 12:09 pm

We will see, what will happen. Many Europeans talk about a coming breakdown of the EU. Germany has big debts, like every other nation. We will see.
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harry
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harry

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyThu Aug 18, 2011 7:40 am

I guess, the unhistorical age of liberalism is turning towards history, it's means that the time start building up history again. As you everyone know, the history need hardship to be seen.
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alj
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alj

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyThu Aug 18, 2011 8:22 am

That's true, Harry. Every change requires a time of struggle before it is realized.

Ann
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Natalie Brown



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PostSubject: Great Depression   2011 History repeating itself again ? The Great Depression EmptyFri Sep 23, 2011 6:14 am

Things still aren’t as dire as they were during the Great Depression. I read on Shmoop that people felt so hopeless by 1933 that over 100,000 Americans tried to emigrate to Soviet Russia to find employment in that year alone. The fact that people are still trying to migrate to USA says something about our current economic position.
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alice
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyFri Sep 23, 2011 7:36 am

Natalie,



Welcome! You are just what we need and want--a member who posts. How absolutely amazing. Tell us about yourself. Very Happy
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Abe F. March
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyFri Sep 23, 2011 7:52 am

Natalie,
I'm not sure that the reasons they want to migrate are valid. The grass always looks greener somewhere else. Movies and TV promote a images that are often false. There are economies that are doing better than others yet the statistics show otherwise. It can be confusing when the criteria for the statistics are flawed. Unemployment is one example. If all the unemployed are not counted in the statistics, the statistics are flawed and misrepresented. Some countries show a greater percentage of unemployed based on the criteria they use, but in reality they may have less unemployed than countries showing better results.

In the end, what matters is how we can manage to survive in a world economy that is suffering. The blame has already been established. How to correct the problem is something that concerns us all and depends on the actions we take.
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alice
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alice

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyFri Sep 23, 2011 8:08 am

Abe,



Unemployment is a problem only for those unemployed which is why we need to make it a problem to the employed and well-to- do. We need tax money and only the well-off have it. Whem they create jobs, there will be more tax-payers to help out.

This might incentivize them to help before it is too late.

Here's hoping.
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alj
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyFri Sep 23, 2011 9:24 am

You know, when I was a kid, my parents told me that I ought to share my toys. I know that I taught my kids the same, and I see Jaycie learning it, sometimes with a bit of effort, but that's all part of the "game," isn't it?

It seems to me that our problem today is that the kids with the most toys are holding on to them and not sharing.

I remember my kids getting a Christmas card from their dad and stepmom - a picture on the front of Kermit the frog and Miss Piggy. the caption on the inside said, "He who ends the day with the most toys wins."

Hmmm.

Ann
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alice
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alice

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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyFri Sep 23, 2011 2:11 pm

I have two dollies and I am glad, You have no dolly and that's too bad. I'll share my dolly cause I love you...

That's what we used to sing at church as the children took turns sharing their toys.

I wonder if they do this now? Obviously, the Republicans need a refresher course.


Last edited by alice on Sat Sep 24, 2011 12:16 pm; edited 1 time in total
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Abe F. March
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptySat Sep 24, 2011 12:34 am

If one cares about their fellow man and try to provide for them, they are labeled socialists. Using the same logic, I believe Jesus the Christ would be labeled a socialist in today's political environment. The irony is that many so-called Christians are against helping the needy. Is the title flawed or has the meaning changed?
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alice
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptySat Sep 24, 2011 7:34 am

The church has lost its misssion. The purpose is to spread the good news of salvation. Instead of doing this the church has involved itself with politics--Sad situation,
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harry
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyFri Sep 30, 2011 1:58 pm

Natalia, How looked the Soviet union that time, How new the idea was for workers and poor people, There were lot of men in America and Canada who moved to Soviet,for example hundred and hundred Finnish who were mitigated in America and Canada, they moved to Soviet and settled in the soviet Karjala taken all they thing and factories with them to be later killed by the secret police. The idea of Democratic state of their own for poor and workers was so impressive that it caught big attention among the poor and miserableness all over the world, Please take out the book of John Steinbeck and read the terrible story of the Oklahoma families - and think how the idea of the state of their own would have been taken into scene of which the book tells.
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Betty Fasig
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyFri Sep 30, 2011 5:21 pm

Dear Harry,

If I were to choose a book that told my life, It would be Steinbeck's Grapes of Wrath.

These many years later, I wonder if a lot has changed in America for the people who do the labor of the great nation, America. Now, the people who have all the moneys are so separated from the people who do all the work.

If the people who do all the work just did not do it, what power they have.



Love,

Betty
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Abe F. March
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptyFri Sep 30, 2011 11:09 pm

Good insight, Betty.
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harry
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PostSubject: Re: 2011 History repeating itself again ? The Great Depression   2011 History repeating itself again ? The Great Depression EmptySat Oct 01, 2011 3:24 am

If the western world is going more deep into depresession and there is not light to be seen and every old idea as liberalism, humanism democratia, sosilademokratia, humanright and the moder consolation of the churth – all those worn out ideas become useless -what then if there set fort a grand new one, with great vision of the futura and the land of milk and hany for poor, and that new idea being konvoing by intelligentsia and composers and writer as John Deer– so I bet, there will be lot of men ready to move into that good night.
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