At least FDR was honest and direct about the situation they faced which pretty much mirrors today. Please read excerpts I've taken from FDRs 1933 inaugural speech. The situation is identical! At least FDR had the courage of a leader to speak the TRUTH about the corruption, greed and fraud unlike BHO who puts the blame and responsibility squarely on the shoulders of the citizenry and NOT the banksters and government (both sides)!
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In such a spirit on my part and on yours we face our common difficulties. They concern, thank God, only material things. Values have shrunk to fantastic levels; taxes have risen; our ability to pay has fallen; government of all kinds is faced by serious curtailment of income; the means of exchange are frozen in the currents of trade; the withered leaves of industrial enterprise lie on every side; farmers find no markets for their produce; and the savings of many years in thousands of families are gone. More important, a host of unemployed citizens face the grim problem of existence, and an equally great number toil with little return. Only a foolish optimist can deny the dark realities of the moment.
Primarily, this is because the RULERS of the exchange of mankind's goods have failed, through their own STUBBORNNESS and their own INCOMPETENCE, have admitted their failure, and have abdicated. Practices of the UNSCRUPULOUS money changers stand indicted in the court of public opinion, rejected by the hearts and minds of men.
True, they have tried. But their efforts have been cast in the pattern of an outworn tradition. Faced by failure of credit, they have proposed only the lending of more money. Stripped of the lure of profit by which to induce our people to follow their false leadership, they have resorted to exhortations, pleading tearfully for restored confidence. They only know the rules of a generation of self-seekers. They have no vision, and when there is no vision the people perish.
There must be an end to speculation with other people's money. And there must be provision for an adequate but sound currency.
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