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Showing posts from August, 2013

Republican Ideology

Republican Ideology the Past One Hundred Years (Work in Progress, updated 08/14/2013) "...Ideology makes men fight for their servitude as stubbornly as though it were their salvation." Deleuze/Guattari Roaring Twenties, America turns inward after WWI, laissez faire economics prevail Harding reduces taxes on the wealthy to spur growth Three consecutive republican administrations, supply side economy, little regulation Republicans align themselves with big business Coolidge administration incompetent while speculation takes hold of nation Hoover elected in landslide Coolidge/Hoover presidencies, bubble mentality assures wall street speculation growth Wall Street grows out of control, everyone wants in Wall street market exchange cannot control speculative mood Bubble bursts, banks collapse, investment trusts collapse, economy starts long downward spiral Unable to control speculation wall street equally ineffective in controlling crash Banking industry attempts co