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	<title>Comments on: David Rosenberg: &#8216;This is Depression&#8217;</title>
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		<title>By: John Ryskamp</title>
		<link>http://wallstreetpit.com/12514-david-rosenberg-this-is-depression#comment-84029</link>
		<dc:creator>John Ryskamp</dc:creator>
		<pubDate>Mon, 30 Nov 2009 18:39:00 +0000</pubDate>
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		<description>&quot;seven years of huge stimulus&quot;

Where on earth do you get this ridiculous statement?  The reason the Depression lasted as long as it did, was because there was NOT &quot;seven years of huge stimulus.&quot;

Do you mean corporatization and looting by elites via Mellon&#039;s &quot;liquidation?&quot;  THAT is what was carried out during the Depression, by both Hoover and Roosevelt.  There was NO change of fundamental policy between administrations.

No wonder you make erroneous calls.  You are ignorant of history.

And you&#039;re calling this one wrong, too.  &quot;Liquidation&quot; was never eliminated as the fundamental policy of the U.S. government.  Do you seriously think the powerful in this country (and abroad) would allow any change from liquidation, especially since, during even the worst of the Depression, 75% of workers were still employed?

And liquidation is exactly what is going on now, just as if Andrew Mellon were still at Treasury.  And you won&#039;t get ANY variance from liquidation until underemployment among those with a Bachelor&#039;s degree or higher reaches 40%.

Grow up.</description>
		<content:encoded><![CDATA[<p>&#8220;seven years of huge stimulus&#8221;</p>
<p>Where on earth do you get this ridiculous statement?  The reason the Depression lasted as long as it did, was because there was NOT &#8220;seven years of huge stimulus.&#8221;</p>
<p>Do you mean corporatization and looting by elites via Mellon&#8217;s &#8220;liquidation?&#8221;  THAT is what was carried out during the Depression, by both Hoover and Roosevelt.  There was NO change of fundamental policy between administrations.</p>
<p>No wonder you make erroneous calls.  You are ignorant of history.</p>
<p>And you&#8217;re calling this one wrong, too.  &#8220;Liquidation&#8221; was never eliminated as the fundamental policy of the U.S. government.  Do you seriously think the powerful in this country (and abroad) would allow any change from liquidation, especially since, during even the worst of the Depression, 75% of workers were still employed?</p>
<p>And liquidation is exactly what is going on now, just as if Andrew Mellon were still at Treasury.  And you won&#8217;t get ANY variance from liquidation until underemployment among those with a Bachelor&#8217;s degree or higher reaches 40%.</p>
<p>Grow up.</p>
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