Ted Rall
STATE JOURNAL-REGISTER
October 14, 2009
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| Scene from a Hooverville during the Great Depression. | |
When the economic collapse began a year ago, many Americans took comfort in the historical parallels with the Great Depression. As it had in 1929, the current crisis began under the clueless reign of a Republican, George W. Bush. Universally reviled since his non-response to Hurricane Katrina had exposed him and the men around him as both uncaring and incompetent — either one was forgivable, not both — Bush had reacted in the classic cold-blooded Republican form embodied by the president who gave his name to the Hoovervilles.
But all was not lost. The Democrats were coming in! Barack “Yes We Can” Obama was running well ahead in the polls. Soon our new FDR would clean up Bush’s mess.
In the late fall of 2008 Bush looted the stripped-bare U.S. Treasury one final time. Hundreds of billions of dollars in “bailouts,” this time for the benefit of the banks, insurance companies and automobile manufacturers whose profligate ways had contributed to the crisis, were doled out without pre-conditions. Millions of homeowners who faced foreclosure got no help whatsoever.
The way to stimulate a consumer-based economy is to put money directly into consumers’ pockets. Instead, Bush deployed the standard GOP trickle-down approach. Boosting the banks would encourage them to restore liquidity, allowing individuals and businesses to resume borrowing. But the banks weren’t stupid. They no longer wanted to lend to people who couldn’t repay them. They held on to the cash. Credit markets seized up.
Like his father in 1992, Bush finished his reign as he had begun it: tone-deaf, obliviously floating above the mayhem, utterly unconcerned with the fate of the average American staring at a stack of bills.
We were a nation without leadership. We knew there was no point looking to Bush and his GOP gangsters for help. But we weren’t too worried. Obama was coming. He would be the neo-FDR. He would get things rolling again.
During the 1932 campaign Franklin Delano Roosevelt promised that help was on the way. FDR argued against Herbert Hoover’s trickle-down approach. He spoke on behalf of the “forgotten man at the bottom of the economic pyramid.”
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Home » Featured Stories » We’re Headed for Hooverville?


October 14th, 2009 at 9:28 am
Nobody talks about how the WTO and NAFTA were setup to rape America of her manufacturing base, and subsequently our jobs. These are the real issues nobody talks about. I think it will have to get REALLY, and I mean REALLY bad to get out of those two nasty internationalist agreements.
http://thecomingdepression.net
Robert Herron Reply:
October 14th, 2009 at 10:38 am
You need to learn to CREATE VALUE !
Take up counterfeiting…learn to draw portraits
Don’t worry about the U.S. Secret Secret
They can’t even catch the biggest counterfeiters of them all
Bernanke and Timothy Geithner….
The U.S. SECRET SERVICE is DERELECT in their duties !
Red Dawn 09 Reply:
October 14th, 2009 at 11:24 am
Time is not on our side as the song so plainly states. Click my name for more information on todays hottest topics including swine flu,Ron Paul,Bilderberg and others. Movies,video’s,blog’s,text and when you cant cram anymore, Games. Updated daily and newly awakened patriots welcome.
THE WATCHER Reply:
October 14th, 2009 at 12:55 pm
Dawson – Good work. I see you realize exactly where the problems are.
Breathing Easy Reply:
October 14th, 2009 at 2:07 pm
So very true. We now signatory to over 18 different trade agreements, each and every one has cost American jobs. Do not belive what the “free traders” and “globalists” tell you. They are in it solely for themselves. The end result will be as they wish, the North American Union and evidentually a 1 world government, and complete enslavement.
October 14th, 2009 at 9:28 am
Emperah Jones heah! Fust and FoeMost!
Some Dude Reply:
October 14th, 2009 at 11:50 am
Hope ur at least amusing yourself dork….
October 14th, 2009 at 9:28 am
Dollar falls 10% as governments turn to other currencies as reserve.
October 14th, 2009 at 9:31 am
Humanity or nationalism?
http://www.youtube.com/watch?v=Arn3lF5XSUg
October 14th, 2009 at 9:33 am
Obama ain’t savin’ this nation.
StarinaNovak Reply:
October 14th, 2009 at 9:37 am
Yeah, and they gave him a Nobel prize for something, and it is not peace.
'ren Reply:
October 14th, 2009 at 11:15 am
agreed, starina, just my opinion, but i think they gave it to him to appease his loss of the olympics to brazil. which is STUPID, but just like them.
mike65 Reply:
October 14th, 2009 at 11:43 am
STARINA…..YEAH,for something.I can’t quit figure out what that something might be.
theTruth Reply:
October 14th, 2009 at 2:19 pm
It was an attempt to bolster his falling opinion polls IMO
nothing is more depressing to the sheeple out there than a savoir who can’t get anything done. Obama’s canidacy was a marketing campaign not a presidential campaign…what do they do when Cheerios sales start to fall? they give Cheerios a “heart-healthy” award or something similiar…same thing as the Nobel farce
October 14th, 2009 at 9:37 am
I would comment, but im golfin!
Now watch this drive..
Katrina Survivor Reply:
October 14th, 2009 at 12:07 pm
Hey, are you hiring out at the ranch?
October 14th, 2009 at 9:40 am
We needed a Black President for the new American Image (Hood Image)–United States of Lo’Cash. Burglar Bars on the White House.—Stimulus PKG was supposed to create all these jobs–just like FDR. But as with Pork Barrel payoffs, it went into someones pocket.
Unconquered Reply:
October 14th, 2009 at 9:13 pm
LOL! Bars on white house! That’s rich!
BTW, It’s no longer called “Tent City”. Welcome to Sotero Ghettos. We’ve been expecting you.
October 14th, 2009 at 9:42 am
The BUTT-ST00PID, will die in the “Soetoro Suites”, or the FEMA camps.
The FREEDOM-FIGHTERS, will die free.
[BIG DIFFERENCE]
(die free-born, not still-born)
October 14th, 2009 at 9:46 am
Ted Rall is a statist commie. FDR was as much a failure as Hoover. WTF is he talking about “FDR’s successful approach”? Why is s#$t like this from s@$theads like Rall on Infowars?
October 14th, 2009 at 9:50 am
Next stop…..Obozoville
October 14th, 2009 at 10:03 am
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October 14th, 2009 at 10:38 am
Hooverville?
Obamaville. We’re there dude!
October 14th, 2009 at 11:36 am
Bring back the fucking jobs to the usa and solve all this mess it not that hard to see the problem,get the scum in washington to make changes in policy and make it happen.
mike65 Reply:
October 14th, 2009 at 11:47 am
THEY know what the problem is mrlonglegs.They have no intentions of solving it.
October 14th, 2009 at 11:53 am
buy hard assettes. things are what is worth something . real estate , food, guns, possibly decent cars. money will be devalued completely.
http://www.youtube.com/watch?v.....rofilepage
October 14th, 2009 at 12:05 pm
Whuuu huuuu Obamavilles!
Unconquered Reply:
October 14th, 2009 at 9:17 pm
sotero ghettos is more like it.
October 14th, 2009 at 12:31 pm
Spending money on domestic construction, manufacturing, energy modernization, self sufficiency, research and developement rather than war isn’t rocket science, the chinese have been doing it for years. If the majority of the U.S. electorate keeps acting like a threat to humanity through perpetual war and campaigns of economic subversion to force a failing political system on humanity, they will continue to be treated like one.
We need to get out of Iraq and Afghanistan and spend our money on economic developement rather than war. And start being a good global citizen rather than a rouge super power on a global rampage and killing spree. Enough of the war monger electorate that wants perpetual war, criminality and bad government, needs to stop voting for war criminal encumbents and join with the minority of americans that want peace, prosperity and good government so that the legislature can be overhauled and the war criminals replaced with decent people who’ll do a good job.
Dennis in MI Reply:
October 14th, 2009 at 12:44 pm
Right on Richard
Richard Reply:
October 14th, 2009 at 1:01 pm
Thanks!
Richard Reply:
October 14th, 2009 at 1:04 pm
If there is an extraterrestrial quarantine of our planet, as some of the people in previous administrations I’ve meet with contend. Stopping antisocial behavior like war and poverty can help lift it and we can obtain medical technology from relatives to live for centuries rather than decades.
Hammer Reply:
October 15th, 2009 at 3:25 am
Richard, the only thing the electorate has to say about it is to stop participating. The voting system is rigged , and most of the politicians are bought and paid for except for one or two. The one or two, Ron and Dennis, they let us keep to convince us that we have something to say and there are good politicians out there and there is hope. The only peaceful thing we can do is stop voting and stop participating in their plans for us. Turn off the tube and do as little as you can to buy slave and globalist goods.
Richard Reply:
October 15th, 2009 at 6:52 am
Rigged as in vote fraud or rigged as in no choice for canidates? Encumbents are reelected to office 94% of the time. Is that the result of vote fraud or the majority of the electorate returning them to office because they support their pro war policies? All the polls show americans overwhelmingly in support of unecessary war. Unless of course it’s taking to long and costing to much to win them.
October 14th, 2009 at 12:42 pm
Jimmy Carter did more than “try” to warn us. The Oil embargo that killed our economy, allowing Raygun to win, was 33 years ago, plain as day, what our future would be. Remember?
October 14th, 2009 at 1:52 pm
Wait til the tribulation starts to heat up – it will really get bad!
October 14th, 2009 at 2:12 pm
dream on richard. reality is the only concept i accept. what you write about is not reality. what you desire is GONE; america as it was is DEAD. the people in power have planned it so and are doing what’s needed to accomplish the goal, “world” control of you serfs. talking and dreaming is a waste of time it is time to act; protesting in the streets is a waste – it is time to go in the buildings and physically remove these peices of shit from their seat of power before they have time to wipe.
Richard Reply:
October 14th, 2009 at 4:20 pm
You’re the one who’s a dreamer. If they aren’t voted out of office, there isn’t much of a likelyhood of your suggestion coming true. Plan A is throw the bums out, Plan B is manning up the state militias, stopping tax payment to the federal government, disbanding it and replacing it with something more in keeping with the constitution, bill of rights and the U.S. code that supports it. Let’s hope plan A works, it’s a lot simpler.
October 14th, 2009 at 2:41 pm
There is not going to be a Hooverville. Our wicked lackie goverment will send blackwater type thuges our to kill everyone in any Hoverville that pops up anywhere.
October 14th, 2009 at 5:29 pm
Lets see OK! Alex is not what you think!
He wants change, Maybe, or he want to sell DVDs,
Lets ask this! to him,
Lead of go to the back of the bus,
Don’t get tripped up!
He wants to make the side of the people, But he is really a coward,
Not the kind of a leader you would want,
Thats my Idea, after two years,
He sure likes you to think hes the man!
Well I’ll tell you right now, He’s a coward,
And won’t take a stand,
Just listen to him, He won’t take a real stand
Hammer Reply:
October 15th, 2009 at 3:33 am
Hey, Freedom of limited speech, one thing’s for sure, you are limited in your ability to speak, or write.
Dont Euthanize Me Bro Reply:
October 15th, 2009 at 10:47 am
dont forget think!!
October 14th, 2009 at 5:29 pm
Do You Know the Truth?
There is No Islamic Army or terrorist group Called
Al-Qaida? Al-Qaeda? or Al-Qauda?
There No Islamic Army or Terrorist Group
Any informed Intelligence Officer Know this!
But There is a Propaganda Campaign to make the public believe in The presence of an
Identified Entity,
or Enemy
The Country Behind This Propaganda!
The United States of America.
By; Robin Cook
Former British Foreign Security Secretary & Advisor
And I guess I am a fool to post this, from 1995
October 14th, 2009 at 9:23 pm
At least those Hoover kids look healthy, and not working in a sweet shop!
October 14th, 2009 at 10:45 pm
Yeah, at least they look unvaccinized. Boy, they would’ve given their eyetooth I bet to work in a sweet shop. Proly meant sweat shop?
October 14th, 2009 at 11:05 pm
What many don’t understand, this is EXACTLY what the NWO want! They are ALL in bed together. From NAFTA to FEMA, to WHO, etc, etc… They want Americans to be fearful. What the NWO are starting to realize is that more and more people are ON TO THEM!!! But let me tell ya, they won’t go down without a fight. Personally, I’M SICK AND TIRED OF BEING SICK AND TIRED. Come and get me you Satan worshipping pieces of CRAP!
October 15th, 2009 at 6:49 am
The goal of this group is to consolidate all support systems that man uses to survive.The general response from the population is to just watch because that is what they have been trained to do.I think the best way to describe the global masses “They just keep talking to themselves.”
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