Word: hooverizing
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...country's No. 1 priority is to create jobs, then a hidden $1,300-per-family energy-tax increase in the guise of a cap-and-trade system is absolutely destructive. Herbert Hoover raised taxes in 1932, and it further crippled the economy. The war-on-wealth rhetoric (Obama talks about punishing companies that send jobs overseas; Vice President Joe Biden said he wanted to throw CEOs "in the brig"; Senator Claire McCaskill referred to CEOs as "idiots") and policies of this Administration and the Democratic Congress are making it difficult to stabilize the stock market and much harder...
President Barack Obama often induces comparison to Abraham Lincoln. However, his recent announcement of a budget schedule that slices the deficit by one-half aligns him with a less celebrated commander-in-chief: Herbert Hoover. Hoover, the man whose infamous attempt to balance the budget in the face of skyrocketing unemployment and a deepening recession pushed the American economy over the edge into the Great Depression, is hardly a good example for our new president. Obama’s plans will not necessarily launch our economy into a depression. He is attempting to slash the deficit, not eliminate...
...Hoover, J. Edgar • obsession of with possible homosexuality of - well, everybody, really, but specifically, in this case, Jack Valenti...
...throes of change. “A TRAITOR TO FINE EDUCATION”But by FDR’s first run for the U.S. presidency in 1932 Harvard had not changed enough. A straw poll held by The Crimson revealed overwhelming student support for Herbert Hoover, FDR’s Republican opponent. The Crimson, his former paper, would later brand FDR “a traitor to his fine education.” Classmate Walter Russell Bowie, class of 1904, noted “the rancorous and almost hysterical political animus which rose against him and what he stood...
...Black Chamber," America's first codebreaking agency founded in 1919, and its head, Herbert Yardley: "When Herbert Hoover took control of the White House and named Henry L. Stimson secretary of state, the existence of the Black Chamber remained secret even to the incoming administration...After a few months had passed, Yardley decided that Stimson had settled in well enough to be informed and provided the secretary of state with a handful of decrypted Japanese messages...Outraged, he famously exclaimed, 'Gentlemen do not read each other's mail,' and sought to immediately shut down Yardley's operation...