Timeline
1902 – Herbert Croly intellectual force of the Socialist Movement in America.
The push for Socialism began in earnest with Herbert Croly providing the intellectual fuel. Croly was the intellectual leader of the progressive movement as a political philosopher and a co-founder and editor of the magazine The New Republic . Croly maintained that, “The usual progressive answer is that progressives came to realize that they were the smartest people and that society runs most efficiently with the smartest people at the helm. This is the theme of his progressive manifesto Progressive Democracy in which he argues that societies do not run themselves; someone has to control them, and it should be highly educated and highly specialized social scientists. Croly’s political philosophy influenced many leading progressives including Presidents, Woodrow Wilson, Franklin Roosevelt, Lyndon Johnson, Bill Clinton, and Barack..Read More
1910 – Jekyll Island Meeting
In November 1910, six men – Nelson Aldrich, A. Piatt Andrew, Henry Davison, Arthur Shelton, Frank Vanderlip and Paul Warburg – met at the Jekyll Island Club, off the coast of Georgia, to write a plan to reform the nation’s banking system. The secret meeting laid the foundation for the Federal Reserve. These six men represented a group of financiers who at the time controlled one-fourth of the world’s wealth. Aldrich was Republican Whip in the U.S. Senate-Chairman of National Monetary Commission and J.P Morgan’s “man” in Washington Andrew was Assistant Secretary of the U.S. Treasure Vanderlip was President of National City Bank representing William Rockefeller Davison was senior partner at J.P. Morgan company ..Read More
1912 – Woodrow Wilson elected President
Before, during and after his time as U.S President Wilson was an outspoken anti-constitutionalist and proponent of a statist government. In his writings both public and private Wilson expressed disdain for the American Founders’ belief in natural rights and limited government. Wilson insisted that Americans overcome what he referred to as their sentimentalism toward the past. He wanted to fundamentally change government. In one early essay Wilson advocated “practical means of realizing for society the principles of socialism by unleashing the power of a statist government.” In fact, Wilson is quoted as saying, “that all ideas of a limitation of public authority by individual rights be put out of view.” Wilson was also a pioneer in the area of progressive eugenic sterilization...Read More
1913 – President Wilson signed the Federal Reserve Act
At signing the Federal Reserve Act into law, Wilson told the men and women grouped around him, “I feel that I have had a part in completing a work which I think will be of lasting benefit to the business of the country.” However, ultimately, for all the reasons state above Wilson came to understand the adverse realities of the Fed. As verified in a quote published in “The New Freedom” “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth..Read More
1914 – World War I
With U.S. entry into the Great War, the federal government expanded enormously in size, scope, and power. Socialist policies began to take hold in America on a grand scale, paving the way for more and more government intrusion in our lives and the usurping of individual freedoms. It virtually nationalized the ocean shipping industry. It did nationalize the railroad, telephone, domestic telegraph, and international telegraphic cable industries. It became deeply engaged in manipulating labor-management relations, securities sales, agricultural production and marketing, the distribution of coal and oil, international commerce, and markets for raw materials and manufactured products. Its Liberty Bond drives dominated the financial..Read More
1929 – Stock Market crash
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the fall of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects.[1] The crash, which followed the London Stock Exchange‘s crash of September, signaled the beginning of the Great Depression.
1929 – The Great Depression
The Great Depression started in the United States after a major fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929, (known as Black Tuesday). Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II.
1933 to 1939 – FDR’s New Deal
Franklin Roosevelt was no doubt influenced by Croly, but also Mussolini and Hitler, as he developed and implemented the New Deal. The New Deal represented the greatest expansion in the federal government’s role in controlling our lives the nation’s history. It set the pace, through the so called “Washington alphabet soup agencies”, for the trampling of individual rights that continues today, not to mention the cost. Today, the future cost of New Deal programs still in effect is more than $50 trillion. These programs include Social Security, Medicare (an amendment to Social Security), Aid to Families with Dependent Children (part of Social Security), Fannie..Read More
1944 – The Bretton Woods Conference
Formally known as the United Nations Monetary and Financial Conference, where the International Monetary Fund and the World Bank were established. The relative decline of US economic power has seen the IMF try to give some more power to rising powers such as China and other enemies of the U.S. including Russia, Iran, and Northern Korea. In 2019 Pakistan’s government was forced to raise gas prices by 200 percent less than a year after it was elected promising to “eradicate poverty”. That was the price Pakistani citizens had to pay for a £5 billion loan from the International Monetary Fund (IMF). When capitalist states run into a debt crisis,..Read More
1965 – LBJ’s Great Society
Not to be out done by his mentor, FDR, Lyndon Johnson ballooned the size and cost of the federal government with his, “Great Society.” LBJ’s legacy has cost American taxpayers $22 trillion dollars and counting and added 80 welfare programs to an already bloated federal government. The program is even more costly when viewed through the prism of its efficacy. By the very indices of those charged with executing the Great Society social programs, they have not worked. Yet, year after year we, the taxpayer, continue to fund the failing programs. As social critic Irving Kristol has observed, “the welfare state came..Read More
2008 – Barack Obama Elected President
Obama’s campaign pledge was to “ fundamentally change the face of America”. As he carried out that pledge, he successfully diminished America’s standing in the world economically, militarily, and morally. Just like Clinton, Obama’s transfer of wealth and technology to China and Iran at the very least borders on treason. No intelligent critic can deny that Obama policies were classically Socialist. If there is doubt regarding that statement just look at the way that Obama greatly increased government control not only over healthcare—every hospital, every doctor, every health insurance company—but also over the financial sector—every bank, every investment house—and increasingly over the energy, automobile and education sectors as well. Obama did not nationalize these industries in the..Read More
2020 – The Coronavirus Pandemic
In late December of2019 Wuhan Municipal Health Commission, China, reported a cluster of cases of pneumonia in Wuhan, Hubei Province. A novel coronavirus was eventually identified. On January 1, 2020 the WHO had set up the IMST (Incident Management Support Team) across the three levels of the organization: headquarters, regional headquarters and country level, putting the organization on an emergency footing for dealing with the outbreak. By January 5th the WHO published our first Disease Outbreak News on the new virus. This is a flagship technical publication to the scientific and public health community as well as global media. It contained a risk assessment and advice and reported on what China..Read More
2020 – President Trump Shuts Down Economy
At least one-fourth of the U.S. economy went idle amid the coronavirus pandemic, an unprecedented shutdown of commerce that darkened stores from Manhattan to Gilpin County, Colo. While the full extent of the economic damage will not be apparent for years to come, the abrupt halt of commerce caused by state-imposed closures had never occurred on such a wide scale. Forty-one states ordered at least some businesses to close to reduce the spread of the coronavirus. Restaurants, universities, gyms, movie theaters, public parks, boutiques, and millions of other “nonessential” businesses have shut off the lights as a result. The upshot: U.S. daily economic output fell roughly 29%, If the 29% drop in..Read More
