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    FAMOUS QUOTES FOR PERILOUS ECONOMIC TIMES

    Posted by Lev/Christopher on April 8, 2009 at 8:08am
    in Current Affairs


    Florence Owens Thompson was the living face of the Great Depression of the 1930's


    Migrant Mother, taken by Dorothea Lange in 1936.

    Here are some more famous quotes for these perilous economic times which include President Hoover, George W Bush and Barack Obama as well as Thomas Jefferson: Allen L Roland

    "There is no cause to worry. The high tide of prosperity will continue" - Andrew W. Mellon, Secretary of the Treasury. September, 1929

    "Brokers Believe Worst Is Over and Recommend Buying of Real Bargains" - New York Herald Tribune, October 27, 1929

    October 29, 1929 - Stock Market Crashes !


    "While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States - that is, prosperity." ~ President Hoover - May 1, 1930

    "The worst is over without a doubt" ~ James J. Davis, Secretary of Labor. - June, 1930

    "I hope you're confident about our economy. I am." President George W Bush Jan. 30, 2008 at the Robinson Helicopter Co. in Torrance, Calif.

    "Losing a job is painful, and I know Americans are concerned about our economy; so am I. It's clear our economy has slowed, but the good news is, we anticipated this and took decisive action to bolster the economy, by passing a growth package that will put money into the hands of American workers and businesses." President George W Bush - March 7, 2008 on news that the economy lost 63,000 payroll jobs in February.

    " But let me just add, Peter, the fundamentals of America’s economy are strong." (Apr. 17, 2008, John McCain interview with Peter Cook)

    And as to the continuing plunge of the Stock Market in 2009 as public confidence in the economy and Washington leadership wanes .

    " The Bailout will unfreeze credit & allow businesses to function" ~ Barack Obama (October, 2008)

    " What you’re now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal, if you’ve got a long-term perspective on it " ~ Barack Obama ( March 3, 2009 )

    "The singular feature of the great crash of '29 was that the worst continued to worsen" ~ J.K. Galbraith.


    And lastly, Thomas Jefferson writes of what is desperately needed and seldom found during times of severe financial crisis ~ such as we are now experiencing in 2009 .

    "Honesty is the first chapter of the book of wisdom." ~ Thomas Jefferson

    Allen L Roland http://blogs.salon.com/0002255/2009/02/28.html

    Freelance Online columnist and psychotherapist Allen L Roland is available for comments, interviews, speaking engagements and private consultations ( allen@allenroland.com )

    Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his weblog and website allenroland.com He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net

    http://blogs.salon.com/0002255/2009/02/28.html#a2292

    If you have not seen our prophecy for 2010, you need to read this now.



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