@wowzabowza123 I wouldn't blame Coolidge himself, since the Federal Reserve was/is a separate institution from the government. But yes, Coolidge could have prevented the depression from happening had he actively sought to close down the Fed.
This is another example of a nut-case making it to the White House. He and Hoover were the Masterminds behind bringing America the Great Depression with the same attitude that Republican's have today. Let the Free Enterprise System run wild with no oversite, no regulations and no accountability. Obama stopped a run-away train that was engineered by George Bush and Dick Cheney who had the same type of mentality as this whack job. And Ronald Reagan was just as dumb.
Opposed to aggressive war? I wish the Republican party still followed such a principle. But upon hearing this, Ron Paul was forced to the front of my mind. It's too bad the contemporary Republicans are liberals who advocate war and big government!
In case anyone watching this video is interested, tons of grassroots supporters for Ron Paul's 2012 presidential campaign are throwing a big fundraiser TODAY in commemoration of Calvin Coolidge's presidency.
watch?v=oKoN8A9StYw
and
watch?v=hX5Lwecv7bQ
The fundraising will also continue all throughout the first two weeks of August! Please spread the word and donate if you can! -- RonPaul2012(dot)com
Silent Cal was one of America's great President! Liberal historians won't mention him and Warren G. Harding getting America out a worse Depression then in 1929 in just 18 months. The result was The Roaring 20s'. The greatest decade in American history.
You are an idiot. You don't have any idea what you are talking about. The Depression in the 1920s was the transformation of a War economy to a peacetime economy. It had nothing to do with Wilson. And Harding is considered one of the worst presidents in history. Harding didn't get us out of any mess and the roaring 20s is a mixture of many policies and one of the biggest influences and causes of the roaring 20s was the increased technology and industrialization of WW1 by Wilson
The great depression was A LOT worse than the small depression of the 1920s that is a fact. If you look at Harding and even Cooldige, they campaign as being small government but Republicans at that time were liberal and progressive and they controlled congress. Aside from Defense spending which decreased because the war was over, government spending and government in general grew every year in the 1920s in every section of government. Taxes were also higher than pre-WW1 levels
@cinemafreak666 Harding is one of the worst presidents because he was a pushover for his corrupt friends not because of his policies, his policies in fact did contribute to the prosperity of the 1920's, and at the time the Republicans were not progresive liberals, that was Teddy Roosevelt, and after he left the Republicans began to shift back conservatism thats why TR started the Bull Moose party, and when that dissolved many progressives became Wilsonian democrats
Harding was corrupt but Harding's policies didn't contribute to any prosperity in the 20s. Neither did Coolidge's. The Republican Party was a progressive party and congress was run by progressives at that time. You have to look at the details. We were not in a war animal so it was proper to cut defense and taxes that were paying for the war and those taxes to pay for the war and the defense spending was huge so that is why people get confused on how they cut taxes and spending
Spending was actually being cut under Woodrow Wilson and taxes to a degree as well or at least he was planning on reducing it. It just continued under Harding. But the reasons for the roaring 20s comes from a number of things, one of the first things is the technology created in WW1 under Wilson that was then put onto the market for the consumers that created one of the largest booms, investments in infrastructure, education, healthcare, arts, etc all played a part as well.
Business's had more freedom to a degree but then again they were regulated because of government tariffs and protectionist policies and there were just as many Anti-trust legislation in the 20s under Harding and Coolidge than there was under Wilson. So 100s of companies were being busted for anti-trust during the 20s.
If you look at every single section of government and the economy it shows that government grew in every section accept for defense and taxes while being cut they were the war taxes that were used to pay for the war but the tax rate was still over 3 times higher than pre-WW1 levels. Tax levels pre-WW1 were 7% and it was 25% when it was at its lowest. And many other fees and other taxes were increased as well not, exluding the income tax.
The Republicans was still mostly progressive and liberal. There was a growing conservative movement in the republican party that replicated the conservative revolution of the 70s and 80s. It was the Old Right is what they called them but the republicans were still mostly progressive and liberal. Theodore Roosevelt created the Bull Moose Party because he didn't like the two party system and wanted to create his own party. Northern Democrats rallies for Wilson
@xaviqaz Yes, back pre-WW2, the New England Republicans were the conservative wing of the party, while the westerners were the progressive wing of the party. That flipped post-ww2, as the West became conservative republicans and the east, moderate republicans.
"True statement, Ron Paul believes in the same policies that caused the Great Depression"
You've NO CLUE. Great Depression was caused by Fed & its fractional-reserve-banking money-laundering scheme & protectionism & war-mongerism, all of which I'm sure you support & have no clue how those are the exact things lead to misery; just like communist/socialists don't have a clue why their utopia always fails.
@lomocan War-mongerism? There hadnt been a war for a decade. And protectionism itself was not to blame, it was the fact that Hoover increased the protective tariff to astronomical rates during the slowdown and also raised taxes on the wealthy in 1931 for 25% to 68%!!. The Fed mismanaged everything and led us into depression. And of course my liberal biased history teacher tells me it was the unequal distribution of wealth. They should all be fired!!
@Willredd94 Well you are right but you left out another important factor which was the deflation of the economy, the money supply should mirage economic growth
@lomocan Coolidge is similar to Ron Paul in their belief in constitutionally-limited govt and free market capitalism, but with many exceptions. Coolidge wanted us in the World Court, something Ron Paul would oppose, Coolidge called for federally-mandated civil rights laws over the wills of southern states, Coolidge supported a federal ban on child labor, Coolidge believed in protectionism because it greatly helped large businesses.
@dannyd1572 How the hell would we be speaking German. Germany was not threat to the US in WWI. We went in and turned the tide against them in the war. We had an organized army for quite some time.
@Willredd94 No- your wrong- Wilson spent billions organizing our military, mainly the Navy, which he built up to surpass Englands. Understanding the events of WWI, which he tried to avoid, he realized that America was either going to eat or be eaten. It was either build a military, become a third world country, or not be able to defend for itself. It was through this build up alone that we helped win WII.
@dannyd1572 Generally when you spend billions you organize the military and modernize it. But during the 1930s the military was gutted and we were not prepared when WW2 hit. Luckily our industrial capacity was immensely high and we rebuilt very quickly.
The military was gutted in the 1920s because we were not in a war anymore. It's funny how republicans look at Calvin Coolidge as being small government kind of how people look at Reagan in the same way. Aside from defense and military spending which was gutted under Coolidge and Harding. Every government program and portion of the government grew, spending increased on every section of government in the 1920s and taxes were even three times higher than pre-WW1 levels.
@cinemafreak666 "taxes were even three times higher than pre-WW1 levels" because of the massive war debt the international bankers had burdened the US with and "spending increased on every section of government in the 1920s" again to cover the war debt. The whole world is in debt because as Maj. Gen. Smedley Butler put it "War is a Racket".
There was no more war debt. So you are incorrect with the taxes. We were paying for the war through large tax increases. The tax rate for Wilson's first term was below 10% it was like 7%. Then as soon as the United States got involved in WW1 we increased the tax rate to around or over 70% however Wilson's last year or two in office he cut spending drastically and was planning on cutting taxes as well. So war spending was already being reduced as were the taxes under Wilson
@cinemafreak666 There was no more war debt? Huh?! My statement about taxes being three times higher than pre-WW1 levels was in quotes because I was quoting your reply to Willredd94. If it was incorrect, it's because you made the statement. So, professor, in your version of history how did inflation play into this. I see lots of "statistics" but no mention of the theft of our currency (not to mention government) in 1913. Nevermind you'll probably just call me an idiot like you did to drewcitadel.
I know why you were quoting them. It had nothing to do with war debt. We were practically out of war debt. That was the whole point of slashing the defense budget because more than half of the spending was on war spending, most of the taxes were used to pay off the war. It was slashed for a reason and the taxes were cut for a reason. It had really nothing to do with economics, it had to do with we are no longer at war and entering a peace time economy so it can be cut.
I didn't make any incorrect statement. You, Willredd94, and drewcitadel made the incorrect statements. The war debt was paid off. There was no reason to keep taxes that high and spending that large. But the reason why it was is because Coolidge and Harding had a congress run by progressives and people who supported progressive policies and because of technologies created in WW1 investments on infrastructure, education, healthcare, and more all played an important part
Inflation didn't really play any part in the great depression. That is not my version of history, that is the history. Stock Market Crash of 1929 was the biggest causes but there were others, those include, Bank Failures, 1930s over 9,000 banks failed. Bank deposits were uninsured and thus as banks failed people simply lost their savings, Reduction in Purchasing Across the Board, people weren't buying goods, American Economic Policy with Europe, and drought conditions.
When Harding and Coolidge were in power spending was already lowered but it was that war spending. Taxes were lowered but it was taxes to pay for the war debt. Now that there was no more debt to pay tax rates were lowered however they were still over three times higher than pre-WW1 levels. Spending from the federal government was higher than pre-WW1 levels and every federal government program increased accept for defense because there was no more war.
@yadig2012 Those are all bad presidents, I agree. But Wilson takes the cake. He established the Federal Reserve, the income tax, and created the ideal that we should spread democracy at the point of a gun. He completely destroyed civil liberties during World War I. Take a look at the War Industries Board (crony capitalism at its best), the National Security League, the Committee of Public Information (google Four-Minute men). Plus he loved the KKK movie "Birth of a Nation."
@ch926793 What are you talking about? Woodrow Wilson was the father of modern liberalism in the Democratic Party. He was inspired by a utopian and insane belief that a order of western nations (mostly monarchies) should provide democracy for the rest of the world. Wilson was insane and a deep racist. He is the father of American liberalism. Wilson was far more dangerous than Barack Obama could ever dream of being.
Good man.
borch1260 1 week ago
Tear down the statues of FDR and Woodrow Wilson! Calvin Coolidge was the man.
null98Jeff 1 week ago
Coolidge was one of this main causes of the Great Depression, horrible president. But yes, Woodrow Wilson was the worst.
wowzabowza123 2 weeks ago
@wowzabowza123 I wouldn't blame Coolidge himself, since the Federal Reserve was/is a separate institution from the government. But yes, Coolidge could have prevented the depression from happening had he actively sought to close down the Fed.
DarthKrattus 2 weeks ago
Happy Presidents' Day!
DarthKrattus 2 weeks ago
FDR was by far the best president...
piratefan96 2 weeks ago
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This is another example of a nut-case making it to the White House. He and Hoover were the Masterminds behind bringing America the Great Depression with the same attitude that Republican's have today. Let the Free Enterprise System run wild with no oversite, no regulations and no accountability. Obama stopped a run-away train that was engineered by George Bush and Dick Cheney who had the same type of mentality as this whack job. And Ronald Reagan was just as dumb.
IngloriusBastard11 2 weeks ago
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IngloriusBastard11 2 weeks ago
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IngloriusBastard11 2 weeks ago
Best President EVER
cyberpolice9000 3 weeks ago
Easily the best president of the last 100 years. Ronald Reagan's favorite president.
jscottupton 1 month ago
"The Business of America... is Business". Vote Coolidge in 2012.
marcparella 2 months ago
such an underrated President because the country was so great in the twenties!!!!
jmwvideoman22 3 months ago
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I didn't know Ron Paul was president under the name Coolidge.
Sistarovat 3 months ago
A-yuh, Pepperidge Farm remembers...
therealjoebloggs 4 months ago
It took me ages to track down Coolidge's autobiography. And reading it enchanted me with the man even more greatly than I could have imagined.
BrotherAtticus 6 months ago
Opposed to aggressive war? I wish the Republican party still followed such a principle. But upon hearing this, Ron Paul was forced to the front of my mind. It's too bad the contemporary Republicans are liberals who advocate war and big government!
Ron Paul 2012
NicPap12 6 months ago
This has been flagged as spam show
In case anyone watching this video is interested, tons of grassroots supporters for Ron Paul's 2012 presidential campaign are throwing a big fundraiser TODAY in commemoration of Calvin Coolidge's presidency.
watch?v=oKoN8A9StYw
and
watch?v=hX5Lwecv7bQ
The fundraising will also continue all throughout the first two weeks of August! Please spread the word and donate if you can! -- RonPaul2012(dot)com
RileyE104 7 months ago
He got such a nasal voice I thought my great-grandpa was joking about how he sounded,I was wrong.
strangerinwhite 8 months ago
Silent Cal was one of America's great President! Liberal historians won't mention him and Warren G. Harding getting America out a worse Depression then in 1929 in just 18 months. The result was The Roaring 20s'. The greatest decade in American history.
drewcitadel 9 months ago 3
@drewcitadel
You are an idiot. You don't have any idea what you are talking about. The Depression in the 1920s was the transformation of a War economy to a peacetime economy. It had nothing to do with Wilson. And Harding is considered one of the worst presidents in history. Harding didn't get us out of any mess and the roaring 20s is a mixture of many policies and one of the biggest influences and causes of the roaring 20s was the increased technology and industrialization of WW1 by Wilson
cinemafreak666 6 months ago
@drewcitadel
The great depression was A LOT worse than the small depression of the 1920s that is a fact. If you look at Harding and even Cooldige, they campaign as being small government but Republicans at that time were liberal and progressive and they controlled congress. Aside from Defense spending which decreased because the war was over, government spending and government in general grew every year in the 1920s in every section of government. Taxes were also higher than pre-WW1 levels
cinemafreak666 6 months ago
@cinemafreak666 Harding is one of the worst presidents because he was a pushover for his corrupt friends not because of his policies, his policies in fact did contribute to the prosperity of the 1920's, and at the time the Republicans were not progresive liberals, that was Teddy Roosevelt, and after he left the Republicans began to shift back conservatism thats why TR started the Bull Moose party, and when that dissolved many progressives became Wilsonian democrats
batstooge2 4 months ago
@batstooge2
Harding was corrupt but Harding's policies didn't contribute to any prosperity in the 20s. Neither did Coolidge's. The Republican Party was a progressive party and congress was run by progressives at that time. You have to look at the details. We were not in a war animal so it was proper to cut defense and taxes that were paying for the war and those taxes to pay for the war and the defense spending was huge so that is why people get confused on how they cut taxes and spending
cinemafreak666 4 months ago
@batstooge2
Spending was actually being cut under Woodrow Wilson and taxes to a degree as well or at least he was planning on reducing it. It just continued under Harding. But the reasons for the roaring 20s comes from a number of things, one of the first things is the technology created in WW1 under Wilson that was then put onto the market for the consumers that created one of the largest booms, investments in infrastructure, education, healthcare, arts, etc all played a part as well.
cinemafreak666 4 months ago
@batstooge2
Business's had more freedom to a degree but then again they were regulated because of government tariffs and protectionist policies and there were just as many Anti-trust legislation in the 20s under Harding and Coolidge than there was under Wilson. So 100s of companies were being busted for anti-trust during the 20s.
cinemafreak666 4 months ago
@batstooge2
If you look at every single section of government and the economy it shows that government grew in every section accept for defense and taxes while being cut they were the war taxes that were used to pay for the war but the tax rate was still over 3 times higher than pre-WW1 levels. Tax levels pre-WW1 were 7% and it was 25% when it was at its lowest. And many other fees and other taxes were increased as well not, exluding the income tax.
cinemafreak666 4 months ago
@batstooge2
The Republicans was still mostly progressive and liberal. There was a growing conservative movement in the republican party that replicated the conservative revolution of the 70s and 80s. It was the Old Right is what they called them but the republicans were still mostly progressive and liberal. Theodore Roosevelt created the Bull Moose Party because he didn't like the two party system and wanted to create his own party. Northern Democrats rallies for Wilson
cinemafreak666 4 months ago
What a wonderful and good man.
PatriotsFan01752 1 year ago
The Man!!,,,a great , great President what a man, the true anti-lib/socialist, a great great supporter of free markets and Capitalism.
xerakis 1 year ago
He sounds pretty conservative, being an old New England Republican
xaviqaz 1 year ago
@xaviqaz Yes, back pre-WW2, the New England Republicans were the conservative wing of the party, while the westerners were the progressive wing of the party. That flipped post-ww2, as the West became conservative republicans and the east, moderate republicans.
Willredd94 2 months ago
@billyguns2 @truthslap
Look up Ron Paul, he actually believes in all the same things that Coolidge believed in.
lomocan 1 year ago 4
@lomocan True statement, Ron Paul believes in the same policies that caused the Great Depression.
TheArtistOfKuroo 1 year ago
@TheArtistOfKuroo
"True statement, Ron Paul believes in the same policies that caused the Great Depression"
You've NO CLUE. Great Depression was caused by Fed & its fractional-reserve-banking money-laundering scheme & protectionism & war-mongerism, all of which I'm sure you support & have no clue how those are the exact things lead to misery; just like communist/socialists don't have a clue why their utopia always fails.
lomocan 1 year ago
@lomocan War-mongerism? There hadnt been a war for a decade. And protectionism itself was not to blame, it was the fact that Hoover increased the protective tariff to astronomical rates during the slowdown and also raised taxes on the wealthy in 1931 for 25% to 68%!!. The Fed mismanaged everything and led us into depression. And of course my liberal biased history teacher tells me it was the unequal distribution of wealth. They should all be fired!!
Willredd94 1 year ago
@Willredd94 Well you are right but you left out another important factor which was the deflation of the economy, the money supply should mirage economic growth
killerbee2k 1 year ago
@lomocan Coolidge is similar to Ron Paul in their belief in constitutionally-limited govt and free market capitalism, but with many exceptions. Coolidge wanted us in the World Court, something Ron Paul would oppose, Coolidge called for federally-mandated civil rights laws over the wills of southern states, Coolidge supported a federal ban on child labor, Coolidge believed in protectionism because it greatly helped large businesses.
Willredd94 1 year ago
Calvin Coolidge is the best president of the 20th Century! Woodrow Wilson is the worst! Thumbs up if you agree.
Willredd94 1 year ago 88
@Willredd94 Wilson is the reason we have an organized Army. Otherwise we'd be speaking German right now. And that's not up for debate or speculation.
dannyd1572 6 months ago
@dannyd1572 How the hell would we be speaking German. Germany was not threat to the US in WWI. We went in and turned the tide against them in the war. We had an organized army for quite some time.
Willredd94 6 months ago
@Willredd94 No- your wrong- Wilson spent billions organizing our military, mainly the Navy, which he built up to surpass Englands. Understanding the events of WWI, which he tried to avoid, he realized that America was either going to eat or be eaten. It was either build a military, become a third world country, or not be able to defend for itself. It was through this build up alone that we helped win WII.
dannyd1572 6 months ago
@dannyd1572 Generally when you spend billions you organize the military and modernize it. But during the 1930s the military was gutted and we were not prepared when WW2 hit. Luckily our industrial capacity was immensely high and we rebuilt very quickly.
Willredd94 6 months ago
@Willredd94
The military was gutted in the 1920s because we were not in a war anymore. It's funny how republicans look at Calvin Coolidge as being small government kind of how people look at Reagan in the same way. Aside from defense and military spending which was gutted under Coolidge and Harding. Every government program and portion of the government grew, spending increased on every section of government in the 1920s and taxes were even three times higher than pre-WW1 levels.
cinemafreak666 6 months ago
@cinemafreak666 "taxes were even three times higher than pre-WW1 levels" because of the massive war debt the international bankers had burdened the US with and "spending increased on every section of government in the 1920s" again to cover the war debt. The whole world is in debt because as Maj. Gen. Smedley Butler put it "War is a Racket".
4n0nym0us0ne 5 months ago
@4n0nym0us0ne
There was no more war debt. So you are incorrect with the taxes. We were paying for the war through large tax increases. The tax rate for Wilson's first term was below 10% it was like 7%. Then as soon as the United States got involved in WW1 we increased the tax rate to around or over 70% however Wilson's last year or two in office he cut spending drastically and was planning on cutting taxes as well. So war spending was already being reduced as were the taxes under Wilson
cinemafreak666 5 months ago
@cinemafreak666 There was no more war debt? Huh?! My statement about taxes being three times higher than pre-WW1 levels was in quotes because I was quoting your reply to Willredd94. If it was incorrect, it's because you made the statement. So, professor, in your version of history how did inflation play into this. I see lots of "statistics" but no mention of the theft of our currency (not to mention government) in 1913. Nevermind you'll probably just call me an idiot like you did to drewcitadel.
4n0nym0us0ne 5 months ago
@4n0nym0us0ne
I know why you were quoting them. It had nothing to do with war debt. We were practically out of war debt. That was the whole point of slashing the defense budget because more than half of the spending was on war spending, most of the taxes were used to pay off the war. It was slashed for a reason and the taxes were cut for a reason. It had really nothing to do with economics, it had to do with we are no longer at war and entering a peace time economy so it can be cut.
cinemafreak666 5 months ago
@4n0nym0us0ne
I didn't make any incorrect statement. You, Willredd94, and drewcitadel made the incorrect statements. The war debt was paid off. There was no reason to keep taxes that high and spending that large. But the reason why it was is because Coolidge and Harding had a congress run by progressives and people who supported progressive policies and because of technologies created in WW1 investments on infrastructure, education, healthcare, and more all played an important part
cinemafreak666 5 months ago
@4n0nym0us0ne
Inflation didn't really play any part in the great depression. That is not my version of history, that is the history. Stock Market Crash of 1929 was the biggest causes but there were others, those include, Bank Failures, 1930s over 9,000 banks failed. Bank deposits were uninsured and thus as banks failed people simply lost their savings, Reduction in Purchasing Across the Board, people weren't buying goods, American Economic Policy with Europe, and drought conditions.
cinemafreak666 5 months ago
@4n0nym0us0ne
When Harding and Coolidge were in power spending was already lowered but it was that war spending. Taxes were lowered but it was taxes to pay for the war debt. Now that there was no more debt to pay tax rates were lowered however they were still over three times higher than pre-WW1 levels. Spending from the federal government was higher than pre-WW1 levels and every federal government program increased accept for defense because there was no more war.
cinemafreak666 5 months ago
@Willredd94 um..... FDR, JFK, Teddy Roosevelt, Ronald Reagan, Gen. Eisenhower, Truman! ... need I name more?
yadig2012 3 months ago
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@yadig2012 What are you referring too?
Willredd94 3 months ago
@yadig2012 Those are all bad presidents, I agree. But Wilson takes the cake. He established the Federal Reserve, the income tax, and created the ideal that we should spread democracy at the point of a gun. He completely destroyed civil liberties during World War I. Take a look at the War Industries Board (crony capitalism at its best), the National Security League, the Committee of Public Information (google Four-Minute men). Plus he loved the KKK movie "Birth of a Nation."
What a joke of a man
ssgurgs9 2 months ago 4
Comment removed
Monarchos 1 month ago
@Willredd94 yes but wilson had the balls to say he screwed up
jonboyxl 1 month ago
@Willredd94 how are u gonna say woodrow wilson is the worst president??? he kept us out of the first world war till we got attacked!
ch926793 4 days ago
@ch926793 What are you talking about? Woodrow Wilson was the father of modern liberalism in the Democratic Party. He was inspired by a utopian and insane belief that a order of western nations (mostly monarchies) should provide democracy for the rest of the world. Wilson was insane and a deep racist. He is the father of American liberalism. Wilson was far more dangerous than Barack Obama could ever dream of being.
Willredd94 4 days ago
what a great dude!
ronpaulkid 1 year ago
A fantastic president, probably the last of the greats. Coolidge 2012!
truthslap 1 year ago 30
We could use a man like Calvin Coolidge again!
billyguns2 1 year ago 4
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@billyguns2 Ron Paul 2012!!!!!!!!!!!!!
AmericanValues321 1 year ago
What a great man!
PatriotsFan01752 2 years ago
I'm doing a report on Calvin Coolidge and this is very helpful thank you
lovecristiano1 2 years ago 4