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In reply to the discussion: Democrats have no business helping management. [View all]Octafish
(55,745 posts)3. Great points! Obama tried.
Pukes have a party pushing their policies and did all they could to resist Obama's efforts to create jobs -- a program he and Krugman, and the rest of the economists who said needed to be bigger, if anything.
JFK doesn't get the credit he deserves, IMO.
"If a free society cannot help the many who are poor, it cannot save the few who are rich"
-- Inaugural Address of John F. Kennedy, Friday, January 20, 1961
So, in the short time he had, President Kennedy did what he could to balance the interests of concentrated wealth with the interests of the average American -- necessary for the good of the country.
Professor Donald Gibson detailed the issues in his 1994 book, Battling Wall Street: The Kennedy Presidency.
From the book:
"What (J.F.K. tried) to do with everything from global investment patterns to tax breaks for individuals was to re-shape laws and policies so that the power of property and the search for profit would not end up destroying rather than creating economic prosperity for the country."
-- Donald Gibson, Battling Wall Street. The Kennedy Presidency
More on the book, by two great Americans:
"Gibson captures what I believe to be the most essential and enduring aspect of the Kennedy presidency. He not only sets the historical record straight, but his work speaks volumes against today's burgeoning cynicism and in support of the vision, ideal, and practical reality embodied in the presidency of John F. Kennedy - that every one of us can make a difference." -- Rep. Henry B. Gonzalez, Chair, House Committee on Banking, Finance, and Urban Affairs
"Professor Gibson has written a unique and important book. It is undoubtedly the most complete and profound analysis of the economic policies of President Kennedy. From here on in, anyone who states that Kennedy was timid or status quo or traditional in that field will immediately reveal himself ignorant of Battling Wall Street. It is that convincing." -- James DiEugenio, author, Destiny Betrayed. JFK, Cuba, and the Garrison Case --This text refers to an out of print or unavailable edition of this title.
Had he lived to serve a second term, I'd bet on JFK over The Fed and the repukes, wherever they may have been.
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I have many memories of JFK but one of my favorite was the day he called the big 3 Steel bosses
jwirr
Apr 2015
#13
'My father always told me that all businessmen were sons of bitches...never believed it until now.''
Octafish
Apr 2015
#18
The Right Wing tries to claim Kennedy agreed with them because he lowered taxes on the top rate.
Spitfire of ATJ
Apr 2015
#27
After he was assassinated LBJ made all that legislation a memorial to JFK. The rw hated it.
jwirr
Apr 2015
#32
I'll tip, but what helps labour DOES help management, whether they agree or not.
Erich Bloodaxe BSN
Apr 2015
#2
And it is precisely what is happening. New World Order is not a conspiracy theory.
NYC_SKP
Apr 2015
#17
''We must believe that it is the darkest before the dawn of a beautiful new world.
Octafish
Apr 2015
#40
Many Democrats do not want to face the truth that our politicians can be bought for campaign cash
Dustlawyer
Apr 2015
#10
Or that they became multimillionaires in just a few years by, well, I guess it's just magic.
NYC_SKP
Apr 2015
#12
The highest taxes possible on Off Shore wealth. 95% sounds good to me. Or they
sabrina 1
Apr 2015
#20
A lot of the faithful tried to shrug off NAFTA. It's too late. Dems stand against workers,
Romulox
Apr 2015
#19
'Slow Motion Coup d'Etat' -- Information from Third World Traveler NAFTA-FTTA-CAFTA Page
Octafish
Apr 2015
#28
Big Bill Haywood (of the IWW) is no doubt considered a heretic round these parts (at least in
KingCharlemagne
Apr 2015
#22
Organized Labor recognized the reality of the situation and worked to bring real change.
Octafish
Apr 2015
#30