American Fortune Life

Chapter 1634 Sorry, I Really Didn't Mean It!

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To be honest, Andy's questioning of the excessive state intervention policy in Roosevelt's New Deal more than 50 years ago is inherently risky.

You must know that Roosevelt, Washington and Lincoln have always been among the top three in Americans' rankings of previous presidents.

The American people have a high evaluation of Roosevelt, mainly because he entered the White House under the environment of the Great Depression of the capitalist countries, implemented the New Deal, made the United States survive the great crisis, and led the United States to victory in the Second World War, becoming the first The richest and most powerful country in the world. His political achievements during his reign have won the respect and love of the American people.

However, in Andy's view, it was only set off by other people's incompetence at that time. You must know that Roosevelt, who was still the governor of New York State, used a trick to deal with the economic crisis by going directly to the streets to send money to Americans. . . .

To be honest, if he hadn't caught up with World War II, because of the outbreak of the war, 12 million people in the United States would have joined the army at that time, which was also an important reason for the decline in the unemployment rate at that time.

During World War II, the United States became an arsenal, selling a large number of weapons to the European battlefield, and its GDP naturally increased. With the implementation of the New Deal, it is probably a fact that state transitional intervention cannot end the crisis.

Opportunity favored Roosevelt. How would the New Deal end without World War II? What will happen to the history of the United States and the world? What will be the evaluation of Roosevelt? It's really hard to say.

As for the current financial crisis, in September last year alone, the US Federal Reserve Board announced that it would provide US$85 billion in emergency loans to American International Group, which was on the verge of bankruptcy, and nationalize it. Other famous US financial institutions such as Goldman Sachs, mg Chase Bank, etc. also suffered serious losses, provided financial assistance, and forcibly took shares. A few days ago, it was reported that Citigroup and the US government were negotiating on equity issues.

"Don't waste a serious crisis, because the crisis allows you to do things that you couldn't do before." This sentence expresses the highest policy of Ao Guanhai's governance, that is, the opportunities brought by the US economic crisis cannot be wasted.

Roosevelt is the ancestor of big government doctrine, followed by Johnson, and now Ou Guanhai is also taking advantage of the panic of voters' economic crisis, doing things that the donkey party's fellow party members could not do before.

They each took advantage of the crisis facing the United States to expand the power of the government. What's interesting is that the founding fathers who established the United States were all out-and-out liberals, but the policies promoted by Roosevelt, Johnson, and Ao Guanhai were completely opposite to the ideas of the founding fathers.

"...Only by not repeating the mistakes of the past, can America's freedom and wealth be prevented from being looted again!"

Andy Smith answered questions from reporters in the corridors of the Capitol,

Through television and the Internet, the news quickly spread throughout the United States, triggering a big discussion from all walks of life.

After all, everyone understands that there is no free lunch in the world, and the economic policy of bailing out the market will impose huge debts on the American taxpayers. In the short term, the trillions of dollars invested by the government will definitely have a certain stimulating effect, but in the long run, the US economy will be severely damaged due to the huge government deficit and debt.

Andy, who had finished his first congressional "appearance", never imagined that although the hearing was over, what he said would play such a big role and cause such a huge uproar.

Looking at the reports in the major newspapers, discussions with economic experts produced by various TV stations, various street interviews, and the rhythm of the Internet, more than half of the people are already very disturbed by the huge deficit expenditure of the government. I am willing to let Ao Guanhai write arbitrarily filled checks under the pretext of saving the economic crisis.

Even, it has aroused many people's other associations, such as the party's efforts, and various political analysts jumped out to say that the high public support of Ao Guanhai will not last long. In the mid-term elections next year, voters may take the leadership of Congress The power is handed over to the Elephant Party, and the Elephant Party is used to balance and restrict the big government economic policies of the Aoguanhai government.

The most important thing is that because of Andy's words, more voters will realize that the economic crisis brings difficulties, but the government's use of the economic crisis to increase the power of the government will bring greater disasters.

All of a sudden, Andy Smith was pushed to the forefront!

"...Sorry, Mr. President, I didn't expect things to develop like this." Andy looked at the stack of newspapers in front of him, with the corners of his mouth raised, his tone full of helplessness, and he spoke to President Ao Guanhai on the other end of the phone. Said slightly apologetically.

To be honest, the most troublesome thing at the moment is President Ou Guanhai. Although the economic stimulus plan was passed, it did not achieve the expected effect as expected. The public continued to wait and see. Instead of rising, the stock market continued to fall. Governmentism' speeches are undoubtedly adding fuel to the flames, directly putting Ao Guanhai on the fire.

The hearing hosted by the donkey party, because of Andy Smith's powerful counterattack, was completely lifted a stone and shot himself in the foot, which made him miserable.

Of course, if there is a party that is helpless and angry, there will naturally be a party that is happy and happy. The Elephant Party is undoubtedly the happiest. It is almost taking this opportunity to go crazy with the policy of Hei Ao Guan Hai. Welfare projects such as universal medical insurance promised by the sea.

After expressing his unintentional apology, Andy, who hung up the phone, also smiled helplessly. The matter has been out of his control. At this time, it has become a topic in the world. It is also the first time he knows that his influence His strength has actually reached such a terrifying level. Of course, although there is an element of power to fuel the flames, it is enough to make him proud.

However, as the direction of public opinion became more and more unfavorable to the Donkey Party and Ao Guanhai, the financial giants on Wall Street were not happy about the victory of the investigation hearing for two days. President Ao Guanhai and the Donkey Party came up with a crazy plan. The counterattack has re-attracted the attention of the American people.

On February 15th, three days after the hearing ended, Andy watched the news reports on TV, and at the same time his brows were furrowed.

"The Financial Crisis Inquiry Committee was established by the U.S. Congress, with a total of 10 members. It will hold a series of hearings throughout this year to investigate the real cause of the financial crisis, and then promote the strengthening of financial supervision in the United States to prevent the crisis from happening again.

The U.S. Congress entrusted the Financial Crisis Inquiry Committee with the duty to investigate the causes of the U.S. financial and economic crisis, including domestic and global causes. Set 22 items that must be investigated in detail, covering financial regulation, subprime mortgages, derivative financial products, credit rating mechanism, and why there are "too big to fail" financial institutions and other issues. Among them, the matters of particular concern are "investigating global savings imbalances, international capital flow imbalances, and whether fiscal imbalances have caused this financial crisis." . . "

"Ao Guanhai has completely broken with Wall Street after the salary limit order!" Andy muttered with an ugly expression. We must know that the power of the investigation committee is so great that it has been rare in the past 80 years. Even the 9.11 committee of the year would be ashamed. In history, only the committee responsible for investigating the responsibility for the Great Depression in the 1930s can be compared with it.

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