General Discussion
In reply to the discussion: I am so utterly sick of this Third Way shit. [View all]truedelphi
(32,324 posts)I got back during Eisenhower/Kennedy.
One: Faced with the prospect of massive unemployment created by the hordes of returning GI's, Eisenhower saw to it that:
the nation built up a free way system, which meant that local people got employed to build these highways. One of the biggest, non-military tasks that this nation has ever undertaken.
Other projects that the Eisenhower Admin took on was that of building community hospitals, and community colleges. With all the construction jobs available, American families were employed and had sufficient incomes to demand housing. They left their cramped one bedroom homes for houses with two and three bedrooms.
Two: Remain totally confident that the banking system needed the regulation of Glass Steagall. No one in either of these Administrations ever did anything but praise Glass Steagall. And certainly, a Tim Geithner-type, who manipulated the monies offered by the government to his Best Buddies on Wall Street would not have been offered up the position of Secretary of the Treasury. In fact, had there been a Geithner-type around during the Kennedy Administration, Bobby K would have made quick work of the guy using RICO styled prosecutions.
Few people are aware of it, but Kennedy was of the mindset of removing the Federal Reserve from being the secretive, protected institution that it is, and perhaps that is one of the reasons he was done in that fateful day in Dallas.
There are also indications that Kennedy would have pulled us out of the war in Vietnam, saving us from another twelve years of fighting it. But no one I know is afraid that Obama will even touch the MIC's plans for another one hundred years of war.