Sunday, October 12, 2008

FAMOUS QUOTES FOR PERILOUS ECONOMIC TIMES

October 11, 2008 at 13:06:20

FAMOUS QUOTES FOR PERILOUS ECONOMIC TIMES

by Allen L Roland

www.opednews.com



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Florence Owens Thompson was the living face of the Great Depression of the 1930's

Migrant Mother, taken by Dorothea Lange in 1936.

"This economy of ours is on a solid foundation." President Bush ~ Jan.4 ,2008 after meeting with the President's Working Group on Financial Markets.

"There is no cause to worry. The high tide of prosperity will continue." ~ Andrew W. Mellon, Secretary of the Treasury. September 1929

"I hope you're confident about our economy. I am." President Bush. Jan. 30, 2008 at the Robinson Helicopter Co. in Torrance, Calif.

"While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States - that is, prosperity." ~ President Hoover - May 1, 1930

"Losing a job is painful, and I know Americans are concerned about our economy; so am I. It's clear our economy has slowed, but the good news is, we anticipated this and took decisive action to bolster the economy, by passing a growth package that will put money into the hands of American workers and businesses." President Bush - March 7, 2008 on news that the economy lost 63,000 payroll jobs in February.

"I’m always for less regulation… I am fundamentally a deregulator. " (Mar. 3, 2008, John McCain in the Wall Street Journal)

" But let me just add, Peter, the fundamentals of America’s economy are strong." (Apr. 17, 2008, John McCain interview with Peter Cook)

And as to the continuing plunge of the Stock Market as public confidence in the economy and Washington leadership wanes.

The singular feature of the great crash of '29 was that the worst continued to worsen'. ~ J.K. Galbraith.

And lastly, Thomas Jefferson writes of what is desperately needed and seldom found during times of severe financial crisis ~ such as we are now experiencing in 2008.

"Honesty is the first chapter of the book of wisdom." ~ Thomas Jefferson

Allen L Roland http://blogs.salon.com/0002255/2008/10/11.html

Freelance Online columnist and psychotherapist Allen L Roland is available for comments, interviews, speaking engagements and private consultations ( allen@allenroland.com )

Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his weblog and website allenroland.com He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net

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http://www.allenroland.com

Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his weblog and website allenroland.com He also guest hosts a monthly national radio show TRUTHTALK on Conscious talk radio www.conscioustalk.net

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