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Am 19.01.2009 um 22:39 schrieb Carrol Cox:

> Gunnar got so excited his fingers seem to have wandered. Can someone
> construe --
>
> hisinnesotapeech
>
> his innesotapeech
>


> his inne?r? ot ?s?peech
>
> Probably a reference to "Inaugural Address"???
>
> I hope Gunnar is correct, but my own provisional prognosis is that  
> Obama
> will be the Herbert Hoover, not the FDR of our time. But then the
> Depression ended thanks to WW2, not to the New Deal, which was far too
> timid and conservative to get a grip on what was happening. Social
> Security was merely a way of fending off the Townsend Plan. The Wagner
> Act merely a way of diluting the gains the CIO was making by encasing
> them in bureaucracy. If what is coming down the tracks is as  
> serious as
> it kind of looks, we need not to "control" entitlements (e.g. Social
> Security) but to immensely increase Social Security, but change it  
> to a
> guaranteed pension paid from general reenue, not from a payroll tax,
> which ought to be cancelled.
>
> Carrol

Gunnar Jauch
dipl. Architekt ETH/SIA/SWB
Grubenstrasse 11
8045 Zürich

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F:  +41 44 281 11 72
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