These are old 1912 cartoons




http://dont-tread-on.me/learning-old-lessons/#more

Cue left anti-capitalist B.S. in 3... 2... 1...

yay socialism! .. Or something like that

The Great Depression:
The initial decline in output in the United States in the summer of 1929 is widely believed to have stemmed from tight U.S. monetary policy aimed at limiting stock market speculation. The 1920s had been a prosperous decade, but not an exceptional boom period; wholesale goods prices had remained nearly constant throughout the decade and there had been mild recessions in both 1924 and 1927. The one obvious area of excess was the stock market. Stock prices had risen more than fourfold from the low in 1921 to the peak reached in 1929. In 1928 and 1929, the Federal Reserve had raised interest rates in hopes of slowing the rapid rise in stock prices. These higher interest rates depressed interest-sensitive spending in areas such as construction and automobile purchases, which in turn reduced production. Some scholars believe that a boom in housing construction in the mid-1920s led to an excess supply of housing and a particularly large drop in construction in 1928 and 1929.

quote Originally posted by Gokart Mozart: The Great Depression: The initial decline in output in the United States in the summer of 1929 is widely believed to have stemmed from tight U.S. monetary policy aimed at limiting stock market speculation. The 1920s had been a prosperous decade, but not an exceptional boom period; wholesale goods prices had remained nearly constant throughout the decade and there had been mild recessions in both 1924 and 1927. The one obvious area of excess was the stock market. Stock prices had risen more than fourfold from the low in 1921 to the peak reached in 1929. In 1928 and 1929, the Federal Reserve had raised interest rates in hopes of slowing the rapid rise in stock prices. These higher interest rates depressed interest-sensitive spending in areas such as construction and automobile purchases, which in turn reduced production. Some scholars believe that a boom in housing construction in the mid-1920s led to an excess supply of housing and a particularly large drop in construction in 1928 and 1929.

And yet the public school system doesn't really believe in teaching proper history.

Some things will never change!

quote Originally posted by Rallaster: Cue left anti-capitalist B.S. in 3... 2... 1...

I'm biased.....been reading 1984 lately for the umpteenth time.

All schools do nowadays are teach football, BB and cheerleading. Once in a while they may open a book to read something.

on the old is new again, capri pants (pedal pushers in my day) are back in style and I can wear my corduroy blazer again, lol.