Lindsey
April 29th, 2009, 06:37 PM
Some are speculating that Michelle Bachmann is campaigning to replace Sara Palin as the darling of SNL.
At any rate, on Monday night, after having sagely observed earlier in the day that swine flu always seemed to be connected with "Democrat presidents," since the 1976 outbreak (http://en.wikipedia.org/wiki/Swine_influenza#1976_U.S._outbreak) took place, she said, on Jimmy Carter's watch, Bachmann took to the House floor to demonstrate once again her impressive command of American history, explaining how FDR caused the Great Depression in 1929. The recession he had to deal with, she said, was not as bad as the one Calvin Coolidge had to deal with in the early 1920s, but FDR turned recession into depression and gave the American people 10 years of misery by applying just the opposite of Coolidge's successful formula of lower taxes and little or no regulation: "the Hoot-Smalley Act (http://en.wikipedia.org/wiki/Smoot-Hawley_Tariff_Act), which was a tremendous burden on tariff restrictions; trade barriers; and the regulatory burden; and tax barriers...".
Video (http://tpmdc.talkingpointsmemo.com/2009/04/historian-michele-bachmann-blames-fdrs-hoot-smalley-tariffs-for-great-depression.php?ref=fp2) not to be missed.
At any rate, on Monday night, after having sagely observed earlier in the day that swine flu always seemed to be connected with "Democrat presidents," since the 1976 outbreak (http://en.wikipedia.org/wiki/Swine_influenza#1976_U.S._outbreak) took place, she said, on Jimmy Carter's watch, Bachmann took to the House floor to demonstrate once again her impressive command of American history, explaining how FDR caused the Great Depression in 1929. The recession he had to deal with, she said, was not as bad as the one Calvin Coolidge had to deal with in the early 1920s, but FDR turned recession into depression and gave the American people 10 years of misery by applying just the opposite of Coolidge's successful formula of lower taxes and little or no regulation: "the Hoot-Smalley Act (http://en.wikipedia.org/wiki/Smoot-Hawley_Tariff_Act), which was a tremendous burden on tariff restrictions; trade barriers; and the regulatory burden; and tax barriers...".
Video (http://tpmdc.talkingpointsmemo.com/2009/04/historian-michele-bachmann-blames-fdrs-hoot-smalley-tariffs-for-great-depression.php?ref=fp2) not to be missed.