Nutritional content of a 5" long stalk...
Vitamin A - 76.3 IU
Beta Carotene - 45.9 mcg
Lutein+Zeaxanthin 48.1 mcg
Vitamin C - 0.5 mg
Vitamin K - 5.0 mcg
Niacin - 0.1 mg
Folate - 6.1 mcg
The controversy over the anti-religion sign prompted Rev. Ken Hutcherson, pastor of the Antioch Bible Church in Kirkland, to post a pro-religion sign about 15 feet from where the athiest sign was located. It reads: "There is one God. There is one Devil. There are angels, a heaven and hell. There is more than our natural world. Atheism is but myth and superstition that hardens hearts and enslaves minds."
Obama Pledges Massive Public Works Program, New York Times, by Peter Baker
Obama’s hope, it is now apparent, is for a “globalist” America. And his change, it is now apparent, is the polar opposite of free-market capitalism, a free press, freedoms of religion, assembly, etc., any semblance of respect for the United States Constitution, and, who knows, a resurrection of his revolutionary Marxist black liberation theology to replace the Judeo-Christian tenets upon which our country was founded.
“The most noticeable characteristic of Obama,” says Dr. Kate, in a chilling article entitled The Trojan Candidate, ”is his profound lack of respect for America as shown with his behavior on the flag pin, the failure to observe decorum regarding the national anthem, the fake presidential seal, the printed announcement of his speech in Germany, the upside down flag on the tickets and behind Biden at the Convention, his airplane with painted-over American flag, and his detached and callous appearance at Ground Zero. By this behavior, Obama is mocking America, cheapening its decorum and symbols.”
How close are we to the iron laws of economic correction? Very. When the money runs out and the squeezed taxpayer has no more juice, then we either change or begin to resemble Third-World countries where everyone works for the government; nothing gets done; no one is accountable; the wealthy hide income and live in guarded seclusion; the bemedaled thug in sunglasses promises the turba bread and circuses from the balconey, and the middle class turns to drink—and dreams of once-upon-a-time California.
Gohmert’s tax holiday plan is elegant in its simplicity: every American taxpayer would pay no federal income or FICA taxes for the first 2 months of 2009. For the typical American family -- earning about $50,000 a year -- that would mean they would keep about $2000 that would otherwise be paid to the government.
Gohmert’s plan doesn’t pay for Wall Street bonuses or let banks use bailout money to buy other banks or pay dividends. It doesn’t rely on bureaucrats to pay money out to the right people at the right time or try to stimulate the economy with token payments to people who don’t pay taxes.
Most Americans pay about 25 % of their income in federal income tax and another 7.25 % in FICA (social security and Medicare taxes). Computing how much money Gohmert’s tax holiday would leave in your family’s checkbook is very simple.
Take your monthly income (the gross amount shown on your pay stubs before tax and any other withholding) and multiply it by .66. That amount is roughly what Gohmert’s two-month tax holiday will leave in your pocket.
Rush is the sharpest political commentator we have today. He is a public intellectual in the old sense: A fine, original thinker who constantly reveals new truths that slip past the mindless media. He can communicate with whoever bothers to listen, as tens of millions of people do every week, throwing a sharp light on the biggest questions we face. And he's entertaining and funny.
Parishioners of St. Joseph's Catholic Church in Modesto have been told they should consider going to confession if they voted for Barack Obama, because of the president-elect's position condoning abortion.
"If you are one of the 54 percent of Catholics who voted for a pro-abortion candidate, you were clear on his position and you knew the gravity of the question, I urge you to go to confession before receiving communion. Don't risk losing your state of grace by receiving sacrilegiously," the Rev. Joseph Illo, pastor of St. Joseph's, wrote in a letter dated Nov. 21.
Amidst all the panic-induced foolishness, it's worth considering that Benedict XVI is the second pro-capitalist Pope in a row. Like the free market's greatest defenders, however, he simply recognizes that it — like most of man's worthwhile endeavors — fails without a religiously-rooted ethical foundation.
An interesting bit of trivia is that the first American Thanksgiving was actually celebrated on September 8, 1565 in St. Augustine, Florida. The Native Americans and Spanish settlers held a feast and the Holy Mass was offered.
A second similar "Thanksgiving" celebration occurred on American soil on April 30, 1598 in Texas when Don Juan de Oñate declared a day of Thanksgiving to be commemorated by the Holy Sacrifice of the Mass.
The Catholic origins of Thanksgiving don't stop there. Squanto, the beloved hero of Thanksgiving, was the Native American man who mediated between the Puritan Pilgrims and the Native Americans. Squanto had been enslaved by the English but he was freed by Spanish Franciscans. Squanto thus received baptism and became a Catholic. So it was a baptized Catholic Native American who orchestrated what became known as Thanksgiving.
All that being said, Thanksgiving is traditional Protestant and marks the tradition of religious toleration (something in which the Puritan pilgrims did not actually believe - they set up a "theocracy").
BLESS us, O Lord, and these Thy gifts which we are about to receive from Thy bounty, through Christ our Lord. Amen.
WE give Thee thanks, almighty God, for all Thy benefits, who livest and reignest for ever and ever. Amen.
Brought up in an American Evangelical home, I went to Bob Jones University--the jewel on the buckle of the Bible Belt. While there I came down with a severe case of Anglophilia from reading too much C.S.Lewis and Tolkien and T.S.Eliot. I went to study theology at Oxford, was ordained as an Anglican priest and stayed in England for twenty five years. After ten years wearing a dog collar I was received into the Catholic Church. I spent ten years as a layman writing articles and books no one reads. Then the call came to return to the United States. In December 2006 I was ordained as a Catholic priest. I am now chaplain at St Joseph's Catholic School in Greenville, South Carolina, and I am on the staff of St Mary's Greenville.
Hail, holy Mother! The child to whom you gave birth is the King of Heaven and earth forever.
Lord, may the prayers of the Virgin Mary bring us protection from danger and freedom from sin that we may come to the joy of your peace. We ask this through our Lord Jesus Christ, your Son, who lives and reigns with you and the Holy Spirit, one God, forever and ever. Amen.
O, my God, I am heartily sorry for having offended you. I detest all my sins because of your just punishment, but most of all because they offend you, my God, who are all-good and deserving of all my love. I firmly resolve, with the help of Your grace, to sin no more and to avoid the near occasion of sin.
Jesus told his disciples this parable:
"A man going on a journey called in his servants and entrusted his possessions to them. To one he gave five talents; to another, two; to a third, one--to each according to his ability. Then he went away.
After a long time the master of those servants came back and settled accounts with them. The one who had received five talents came forward bringing the additional five. He said, 'Master, you gave me five talents. See, I have made five more.' His master said to him, 'Well done, my good and faithful servant. Since you were faithful in small matters, I will give you great responsibilities. Come, share your master's joy.'"
Matthew 25:14-15, 19-21
The Declaration of Independence,
Action of Second Continental Congress, July 4, 1776.
The unanimous Declaration of the thirteen United States of America.
When in the Course of human Events, it becomes necessary for one People to dissolve the Political Bands which have connected them with another, and to assume among the Powers of the Earth, the separate and equal Station to which the Laws of Nature and of Nature’s God entitle them, a decent Respect to the Opinions of Mankind requires that they should declare the causes which impel them to the Separation.
Sen.Obama's views on life issues ranging from abortion to embryonic stem cell research mark him as not merely a pro-choice politician, but rather as the most extreme pro-abortion candidate to have ever run on a major party ticket.
“In this same spirit, as defenders of the culture of life, John McCain and I believe in the goodness and potential of every innocent life. I believe the truest measure of any society is how it treats those who are least able to defend and speak for themselves. And who is more vulnerable, or more innocent, than a child?Governor Sarah Palin, Johnstown Pennsylvania, 10/11/08
When I learned that my son Trig would have special needs, I had to prepare my heart for the challenges to come. At first I was scared, and Todd and I had to ask for strength and understanding. But I can tell you a few things I’ve learned already.
Yes, every innocent life matters. Everyone belongs in the circle of protection. Every child has something to contribute to the world, if we give them that chance. There are the world’s standards of perfection … and then there are God’s, and these are the final measure. Every child is beautiful before God, and dear to Him for their own sake.
As for our beautiful baby boy, for Todd and me, he is only more precious because he is vulnerable. In some ways, I think we stand to learn more from him than he does from us. When we hold Trig and care for him, we don’t feel scared anymore. We feel blessed.
It’s hard to think of many issues that could possibly be more important than who is protected in law and who isn’t – who is granted life and who is denied it. So when our opponent, Senator Obama, speaks about questions of life, I listen very carefully.
I listened when he defended his unconditional support for unlimited abortions. He said that a woman shouldn’t have to be – quote – “punished with a baby.” He said that right here in Johnstown –“punished with a baby” – and it’s about time we called him on it. The more I hear from Senator Obama, the more I understand why he is so vague and evasive on the subject. Americans need to see his record for what it is. It’s not negative or mean-spirited to talk to about his record. Whatever party you belong to, there are facts you need to know.
Senator Obama has voted against bills to end partial-birth abortion. In the Illinois Senate, a bipartisan majority passed legislation against that practice. Senator Obama opposed that bill. He voted against it in committee, and voted “present” on the Senate floor. In that legislature, “present” is how you vote when you’re against something, but don’t want to be held to account.
Senator Daniel Patrick Moynihan, a Democrat, described partial-birth abortion as “too close to infanticide.” Barack Obama thinks it’s a constitutional right, but he is wrong.
Most troubling, as a state senator, Barack Obama wouldn’t even stand up for the rights of infants born alive during an abortion. These infants – often babies with special needs – are simply left to die.
In 2002, Congress unanimously passed a federal law to require medical care for those babies who survive an abortion. They’re living, breathing babies, but Senator Obama describes them as “pre-viable.” This merciful law was called the Born Alive Infants Protection Act. Illinois had a version of the same law. Obama voted against it.
Asked about this vote, Senator Obama assured a reporter that he’d have voted “yes” on that bill if it had contained language similar to the federal version of the Born Alive Act. There’s just one little problem with that story: the language of both the state and federal bills was identical.
In short, Senator Obama is a politician who has long since left behind even the middle ground on the issue of life. He has sided with those who won’t even protect a child born alive. And this exposes the emptiness of his promises to move beyond the “old politics.”
In both parties, Americans have many concerns to be weighed in the votes they cast on November fourth. In times like these, with wars and a financial crisis, it’s easy to forget even as deep and abiding a concern as the right to life. And it seems our opponent hopes that you will forget. Like so much else in his agenda, he hopes you won’t notice how radical his ideas and record are until it’s too late.
But let there be no misunderstanding about the stakes.
A vote for Barack Obama is a vote for activist courts that will continue to smother the open and democratic debate we need on this issue, at both the state and federal level. A vote for Barack Obama would give the ultimate power over the issue of life to a politician who has never once done anything to protect the unborn. As Senator Obama told Pastor Rick Warren, it’s above his pay grade.
For a candidate who talks so often about “hope,” he offers no hope at all in meeting this great challenge to the conscience of America. There is a growing consensus in our country that we can overcome narrow partisanship on this issue, and bring all the resources of a generous country to the aid of both women in need and the child waiting to be born. We need more of the compassion and idealism that our opponent’s own party, at its best, once stood for. We need the clarity and conviction of leaders like the late Governor Bob Casey.
He represented a humanity that speaks to all of us – no matter what our party, our background, our faith, or our gender. And no matter your position on this sensitive subject, I hope that spirit will guide you on Election Day. I ask you to vote for McCain-Palin on the November fourth, and help us to bring this country together in the rational discussion of compassion and life.”
While he was in Chicago Obama was trained by the top Alinskyian organizers. One mentor was the ex-Jesuit, Greg Galuzzo, lead organizer for Gamaliel. The Developing Communities Project operated under the Gamaliel Foundation, a network of Alinskyian organizations that receive 4-5% of all Catholic Campaign for Human Development grants each year.My contribution to Catholic charities is limited to weekly envelopes, EWTN, K of C fundraising, parish related fundraising and a few specific Catholic fundraising. I contributed to an annual bishop appeal, its first year but has not contributed since because I feel their end recipients are too broad.
The Developing Communities Project, which hired Obama as lead organizer, was an offshoot of Jerry Kellman's Calumet Community Religious Conference. Kellman, another of Obama's mentors, was himself trained by Alinsky. The network of community organizations Alinsky founded, the Industrial Areas Foundation, receives about 16% of all Catholic Campaign for Human Development grants annually.
What does America have that Asia doesn't have? The answer is, Sarah Palin - not Sarah Palin the vice presidential candidate, but Sarah Palin the "hockey mom" turned small-town mayor and reforming Alaska governor. All the PhDs and MBAs in the world can't make a capital market work, but ordinary people like Sarah Palin can. Laws depend on the will of the people to enforce them. It is the initiative of ordinary people that makes America's political system the world's most reliable.
With a heavy heart, Archbishop Raymond Burke acknowledges that the U.S. Democratic Party is quickly moving to become the "party of death."
We face the threat of a federal bill that, if enacted, would obliterate virtually all the gains of the past 35 years and cause the abortion rate to skyrocket. The "Freedom of Choice Act."
When a candidate promises to 'sign immediately upon taking office' the Freedom of Choice Act, Catholics and all people of good will have cause to question the sincerity of the candidate's determination to reduce abortions.
The right to life is the right through which all others flow.
What could possibly be a proportionate reason for the more than 45 million children killed by abortion in the past 35 years? Personally, we cannot conceive of such a proportionate reason.
Valley's Credit Quality Focus on loan quality and profitability over growth. Proven record of superior asset quality throughout various economic cycles. Have always abstained from exotic residential mortgage structures and other volatile products, including sub-prime loans, option ARMs and high loan to value home equity and residential loans
Mortgage-backed securities (MBS) are investment in mortgage loans. MBS issued by Government National Mortgage Association (GNMA or Ginnie Mae), Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac), and Federal National Mortgage Association (FNMA or Fannie Mae).More details here.
Homeownership remains key to creating an opportunity society. We support timely and carefully targeted aid to those hurt by the housing crisis so that affected individuals can have a chance to trade a burdensome mortgage for a manageable loan that reflects their home’s market value. At the same time, government action must not implicitly encourage anyone to borrow more than they can afford to repay. We support energetic federal investigation and, where appropriate, prosecution of criminal wrongdoing in the mortgage industry and investment sector. We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself. We believe in the free market as the best tool to sustained prosperity and opportunity for all. We encourage potential buyers to work in concert with the lending community to educate themselves about the responsibilities of purchasing a home, condo, or land.
Republican policy aims to make owning a home more accessible through enforcement of open housing laws, voucher programs, urban homesteading and – what is most important – a strong economy with low interest rates. Because affordable housing is in the national interest, any simplified tax system should continue to encourage homeownership, recognizing the tremendous social value that the home mortgage interest deduction has had for decades. In addition, sound housing policy should recognize the needs of renters so that apartments and multi-family homes remain important components of the housing stock.
Now that the collapse has occurred, the roadblock built by Senate Democrats in 2005 is unforgivable. Many who opposed the bill doubtlessly did so for honorable reasons. Fannie and Freddie provided mounds of materials defending their practices. Perhaps some found their propaganda convincing.
But we now know that many of the senators who protected Fannie and Freddie, including Barack Obama, Hillary Clinton and Christopher Dodd, have received mind-boggling levels of financial support from them over the years.
Throughout his political career, Obama has gotten more than $125,000 in campaign contributions from employees and political action committees of Fannie Mae and Freddie Mac, second only to Dodd, the Senate Banking Committee chairman, who received more than $165,000.
Clinton, the 12th-ranked recipient of Fannie and Freddie PAC and employee contributions, has received more than $75,000 from the two enterprises and their employees. The private profit found its way back to the senators who killed the fix.
There has been a lot of talk about who is to blame for this crisis. A look back at the story of 2005 makes the answer pretty clear.
Political correctness won the day. Washington made it clear to banks and other lending institutions that if they did not do something .. and fast .. to bring more minorities and low-income Americans into the world of home ownership there would be a heavy price to pay. Congress set up processes (Research the Community Redevelopment Act) whereby community activist groups and organizers could effectively stop a bank’s efforts to grow if that bank didn’t make loans to unqualified borrowers. Enter, stage left, the “subprime” mortgage. These lenders knew that a very high percentage of these loans would turn to garbage – but it was a price that had to be paid if the bank was to expand and grow. We should note that among the community groups browbeating banks into making these bad loans was an outfit called ACORN. There is one certain presidential candidate that did a lot of community organizing for ACORN. I won’t mention his name so as to avoid politicizing this column.
These garbage loans to unqualified borrowers were then bundled up and sold. The expectation was that the loans would be eventually paid off when rising home values led some borrowers to access their equity through re-financing and others to sell and move on up the ladder. Oops.
Huddled in his office Wednesday with top advisers, Treasury Secretary Henry Paulson watched his financial-data terminal with alarm as one market after another began go haywire. Investors were fleeing money-market mutual funds, long considered ultra-safe. The market froze for the short-term loans that banks rely on to fund their day-to-day business. Without such mechanisms, the economy would grind to a halt. Companies would be unable to fund their daily operations. Soon, consumers would panic.
If a couple has a joint checking account and a joint savings account at the same insured bank, each co-owner's shares of the two accounts are added together and insured up to $100,000, providing up to $200,000 in coverage for the couple's joint accounts.
Twelve statues of the Madonna of the Trail grace towns along the roads that took our ancestors West. But I suggest that we may have to add another. The town square of Wasilla, Alaska, it seems to me, would be an excellent site.
Lord God, I thank you today for the gift of my life,
And for the lives of all my brothers and sisters.
I know there is nothing that destroys more life than abortion,
Yet I rejoice that you have conquered death
by the Resurrection of Your Son.
I am ready to do my part in ending abortion.
Today I commit myself
Never to be silent,
Never to be passive,
Never to be forgetful of the unborn.
I commit myself to be active in the pro-life movement,
And never to stop defending life
Until all my brothers and sisters are protected,
And our nation once again becomes
A nation with liberty and justice
Not just for some, but for all,
Through Christ our Lord. Amen!
Hand-foot-and-mouth disease is a common childhood illness.
Sores in the mouth, hands, feet and sometimes buttocks and legs. Mouth sores can be painful and may make it hard for your child to eat.
Disease is not serious, and it usually goes away in a week or so.
Most common in the summer and fall.
Hand-foot-and-mouth disease is not the same as other diseases that have similar names: foot-and-mouth disease (sometimes called hoof-and-mouth disease) or mad cow disease. These diseases almost always occur in animals.
Karen Cross, National Right to Life Political Director. "Senator McCain has demonstrated his dedication to life in his selection of Sarah Palin as his running mate."
National Right to Life President Wanda Franz, Ph.D added, "Governor Palin brings another strong pro-life voice to the Republican ticket, in sharp contrast to the pro-abortion ticket of Barack Obama and Joe Biden."
"We've both been very vocal about being pro-life," Palin, a mother of five, said in an interview shortly after the birth of her youngest son Trig, who has Down Syndrome. "We understand that every innocent life has wonderful potential."
The differences between the McCain/Palin ticket and the Obama/Biden ticket are clear. While Senator McCain has a very strong record on the life issues, Barack Obama is the most pro-abortion candidate ever nominated by a major political party.
Senator Obama voted multiple times to deny care and protection to children born alive after abortion attempts. He is also co-sponser of an extreme bill, the so-called "Freedom of Choice Act," that would make partial-birth abortion legal again and require taxpayer funding of abortions. For further information, go to www.nrlc.org.
"The country now has a clear choice," added Darla St. Martin, Co-Executive Director of the National Right to Life Committee, "between an avowed pro-abortion ticket that would continue to push for unrestricted abortion on demand, and a strongly pro-life ticket that will bring us closer to a society that embraces the value and dignity of human life."
Democrat Barack Obama - $103,899
Republican John McCain - $15,650.
Congressional Black Caucus Foundation Inc. $100,000 last year.
The premise of this narrative is that for women to achieve dignity and self-fulfillment in modern society, they must distance themselves, not necessarily from men or marriage or childbearing, but from the kind of marriage in which a mother's temptation to be with and enjoy several children becomes a synonym for holding women back and cheating them out of professional success.
Every state has its share of crony capitalism, but Big Oil and the GOP political machine have taken that term to new heights in Alaska. The oil industry, which provides 85% of state revenues, has strived to own the government. Alaska's politicians—in particular ruling Republicans—roll in oil campaign money, lavish oil revenue on pet projects, then retire to lucrative oil jobs where they lobby for sweetheart oil deals. You can love the free market and not love this.
Both the challenges of war and the challenges of politics are challenges of leadership. And both military strategists and political strategists agree that the most basic leadership challenge in both arenas is to know and understand yourself - your strengths and your weaknesses - and to know your opponents and their strengths and weaknesses.
After days of intense media coverage about Republican vice presidential candidate Sarah Palin's qualifications, more than 40 million Americans tuned in Wednesday to see for themselves what they thought of her.
St. Paul, Minnesota
Mr. Chairman, delegates, and fellow citizens: I am honored to be considered for the nomination for Vice President of the United States...
I accept the call to help our nominee for president to serve and defend America.
I accept the challenge of a tough fight in this election... against confident opponents ... at a crucial hour for our country.
And I accept the privilege of serving with a man who has come through much harder missions ... and met far graver challenges ... and knows how tough fights are won - the next president of the United States, John S. McCain...
So apparently they are eager to see a rare politican who is unapologetic about America's past achievements (cf. Obama's "tragic history" and need for more "oppression studies"), and who reminds us with pride that a muscular world of action, not community organizing, creates the bounty that others use and take for granted but so often sneer at the methods of its acquisition.
Right now, there are millions rooting for her in a way not true of Biden—and many who are criticizing her don't have a clue why that it is so.
Speaking of the vice presidential nominee, what a breath of fresh air Governor Sarah Palin is.
She is from a small town, with small town values, but that's not good enough for those folks who are attacking her and her family.
Some Washington pundits and media big shots are in a frenzy over the selection of a woman who has actually governed rather than just talked a good game on the Sunday talk shows and hit the Washington cocktail circuit. Well, give me a tough Alaskan Governor who has taken on the political establishment in the largest state in the Union -- and won -- over the beltway business-as-usual crowd any day of the week.
Let's be clear ... the selection of Governor Palin has the other side and their friends in the media in a state of panic. She is a courageous, successful, reformer, who is not afraid to take on the establishment.
Sound like anyone else we know?
She has run a municipality and she has run a state.
And I can say without fear of contradiction that she is the only nominee in the history of either party who knows how to properly field dress a moose ... with the possible exception of Teddy Roosevelt.
She and John McCain are not going to care how much the alligators get irritated when they get to Washington, they're going to drain that swamp.
We are not here tonight just because we are Republicans. We are here because we know that we have the strongest, freest and most prosperous country in the history of the world, and that if we adhere to the traditional principles of the Republican Party, which are the first principles of our country, we will keep it that way.
We know that we were given a country based upon certain eternal truths–the wisdom of the scriptures and the wisdom of the ages … the fact that there is such a thing as human nature that has to be taken into account when governing … and most fundamentally, based upon the fact that people are meant to be free. Our founders derived from these principles a government that had its powers separated, checked and balanced because they knew that power tended to corrupt. In keeping with that they incorporated in our Constitution a system of Federalism to make sure that there was not too much power concentrated in the central government, which was given delineated powers and no others.
It's time to step up, Fred. Conservatives need a leader about whom we have no major reservations. The only one looming out there about you is your failure, so far, to persuade voters you want the job.Maybe this is Rush backdoor way of endorsing Fred Thompson. Rush said many times he does not endorse anybody at the primary and he probably do not want to break his own rule. Maybe Fred Thompson's plan is like Tiger Woods game plan to win - practice, practice, practice - deliberate, well thought out practice plan.
That said, he needs to make a more convincing case to the voters, which will require a greater display of enthusiasm that he views these as both perilous and promising times and that he is the best man, overall, to navigate the ship of state through these times.
So, Fred, please, as distasteful as it may be to you, it's time to step up and prove you want it. Time is short.
David Limbaugh, brother of radio talk-show host Rush Limbaugh, is an expert in law and politics and author of Bankrupt: The Intellectual and Moral Bankruptcy of Today's Democratic Party.
To this day, there are people who believe that the market economy failed when the stock market crashed in 1929 and that the Great Depression of the 1930s that followed required government intervention.
In reality, the stock market crashed by almost exactly the same amount on almost the same day in 1987 - and 20 years of prosperity, low inflation and low unemployment followed.
What was the difference? Politicians - first Pres Hoover and then Pres Roosevelt -- decided that they had to "do something" after the stock market crash of 1929.
In 1987, President Ronald Reagan decided to do nothing - despite bitter criticisms in the media - and the economy recovered on its own and kept on growing.
To people who think the government should "do something" - and this includes most of the media - it would never occur to them to compare the actual track record of what happens when the government does something and what happens when it lets the market adjust by itself.
Back in 1971, President Richard Nixon responded to widespread demands that he "do something" about rising prices by imposing wage and price controls that got him
re-elected in a landslide. Moreover, the later damage to the economy was seldom blamed on those price controls.
Recently, Professor N. Gregory Mankiw of Harvard, a former chairman of the Council of Economic Advisers, noted that people in Congress and the White House were wondering what they should do about the current economic situation. His suggestion: "Absolutely nothing."
It is not just free market economists who think the government can do more harm than good when they intervene in the economy. It was none other than Karl Marx who referred to "crackbrained meddling by the authorities" that can "aggravate an existing crisis."
Ronald Reagan and Karl Marx did not have much in common, except that they had both studied economics.