Word: balderdash
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Dates: during 1930-1939
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Franklin Roosevelt himself dished up something that looked like balderdash. At a White House press conference he conveyed the contradictory ideas that military spending must be on a pay-as-you-go basis and that this does not mean that the U. S. must Pay in the same year that it Spends. On top of this, he declared that pay-as-you-go Rearmament does not necessarily entail new taxes. Since the U. S. is still running whopping deficits, the implication was that Rearmament must replace some other form of spending, but the President went on to say that military...
Author Zugsmith's characters talk their share of balderdash. They pause in two dullish chapters to discuss martyrdom of left-wing professors and preachers. Nevertheless, their talk has the ring of an uncracked Liberty bell, rich with authentic undertones, strident with neurotic overtones. If Leane Zugsmith s novels have not been monuments, they have been milestones along the U. S. road. This novel, her sixth, indicates that she is still headed in the proper direction, uphill, going places...
...Colonel Leonard Porter Ayres, whose frequent sound-offs in news letters from Cleveland Trust Co. are the favorite economic reading of most U. S. tycoons, this was all so much balderdash. Remarking on the railroad crisis, stagnation of new building, lack of substantial upturn in automobile production, fall in security prices, increase in unemployment and lack of a spring upturn. Colonel Ayres decided that the present lull is only the end of the first stage of a major depression. Gloomed he: "The physical volume of industrial production appears to have dropped to more than 40% below the computed normal level...
...York Herald Tribune's cynical Edward H. Collins. "If present conditions maintain, for example, there is every reason to expect that in the next few weeks the rate of finished and unfinished steel production will be far exceeded, proportionally, by the amount of finished and unfinished balderdash emanating from the President and such alter-egoes as Mr. Eccles and Mr. Morgenthau...
...President, in his Victory Dinner speech, said the shouting against him had broken forth again, as it did in the early days of the New Deal, 'and from substantially the same elements of opposition.' This is balderdash. The opposition to his plan to bring the judiciary into line is from people who care not about their property, their profits, and their old Lincoln limousines, but who care about their freedom from authority-which was what started the first big doings in this country and may well start the last. We ourselves applauded Mr. Roosevelt's program four...