Amity Shlaes author of "The Forgotten Man" on The Alcove

[johnywinslow]

history repeats, so lets look at what individuals could do back then to protect their welth and families and apply it to our lives today! You can learn history or you can turn on american idol. Its up to you!

[zebratangozebra]

I think she is a babe !

An intelligent babe !

[solidarity4]

The Labor Movement of the 1920's was hurt by the American Plan, so it wasn't a good decade for the wage-earners.

[mprat001]

Those who do not learn from history are doomed to re-write it ...

[truthsabre7]

Book...."Free to Choose", By Milton Friedman.

Book...."The Road to Serdom" By F,A, Hayek

[yuku833]

This book does not specificly relate to today. It has many pages that have nothing to do with the depression or the new deal, and it is very boring.

[yuku833]

My theory is that FDR could not change the fact the country was in a depression. My idea is that the people of the time became really lazy just like today so unemployment kept on increasing due to the job loss snowball effect. Today too many people are making money doing nothing (buying and selling), when they could be helping our economy in work force so we could producing a lot more for less.

[S2Cents]

Who is lazy?

[glorp896]

@S2Cents Shlaesy?

[flanksteak1]

Bingo.

Outsourcing makes wealth outgo.

[tepstolog]

Lincoln,FDR, Kennedy..... r far.., the best thing that ever happened to US, theres little doubt about that!

U ppl , need to get some facts straight....! pass the propaganda imposed info , and so some real research on this man....! check my sight for start...

[klined]

Great Author! I haven't seen her doing much recently.

[realjamicus]

keep doing the interviews, guys

[dugfriendly]

Thanks, as always, Mark!

[ladylucylou]

Great interview Mark!

[demented669]

CFR propaganda ! the depression was caused by the FED and the big banks to lower the value of the companies of the time so they can go in and buy them for pennies on the dollar just like what happens now !

we need to stop this machine of fraud and bring back the GREEN BACK !

giving private banks the right to print our money and charge us for that right is insane !

[klined]

They caused it, but not the way you are describing. The greenback was no better than what we have today, another way to tax via inflation. Let's not forget Lincoln put in the National Banking system alongside the greenback, giving us the worst of all worlds.

[demented669]

if the people really knew what was going on today they would say the green back is better then this fractional lending scam, or the paying of interest on our own money to private banks.

countries need to take back the power from the banks and give it back, they had to right to give it away in the first place.

what ever money system is used will be better then this fiat fraud

[klined]

It wasn't better, that's my point. The greenback was less DECEPTIVE in some respects, but the result was the same. Massive taxation via inflation,without any braking mechanisms what so ever. Just like the old Continental. By forcing americans to take greenbacks on par with gold, Lincoln was engaging in unconstitutional theft and expropriation.

Keep in mind lincoln also gave us a central bank system in the NBS and a host of other related policies.

Lincoln as Saint is a myth

[flanksteak1]

What leads you to believe that the government is paying interest to private banks?

Is it because foreign countries own most of our debt or because you have never purchased a treasury bond?

[demented669]

you can not pay back a debt when the people who make the money want you to pay back that debt with the same money, if a country makes it's own money and then backs it with lets say gold (Why do you think fort Knox was built for?)or by it's exports = income then any debt can be payed back

i loan you 10 but want 12 back and you can only get this money from me your debt is never ending ill give you 12 but then you own me 14 and so on and on...

[flanksteak1]

Do you think that your life would be better under a Gold Standard, if so why?

What point in History are you using as your reference and why were things better then than they are today?

[demented669]

So i take it you think it's ok for a private owned bank to have a monopoly on the flow of money over a country, what branch of Government appoints members to the board of the Fed...?

why are the names of the share holders secret ?

if you are happy living in a banking dictatorship nothing i can say will change you mind so have a nice life.

[glorp896]

@flanksteak1 if we had a standard, not necessarily fixed, but having money backed by gold and silver, then we wouldn't have another in an ongoing series of failed fiat monies like around the world in history... THEY ALL FAIL, all money backed by NOTHING fails... the dollar has lost over 90% of its value...

[glorp896]

@demented669 the debt very obviously needs to be zeroed out, to what extent i don't know, but i know the richest people SHOULD NOT BE PAID BACK, they can stay rich, but they won't milk us anymore... ZERO THE DEBT!