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The PPP [Pornographic Proof Posse]

21 July 2010 @ 17:18

The Smoot-Hawley Tariff Act of 1930 is one of the most notorious pieces of Legislation ever passed by the Congress.  It significantly raised tariffs on imported good so high that it is believed by many to have been one of the main factors that ending up making the Depression of 1929/1930 into The Great Depression.

It was signed into law by President Herbert Hoover, a Republican, but, it must be remembered, this was during the phase of his Presidency when he was creating the model for the kind of numbskull headed action that FDR would complete and perfect [see Amity Shlaes’s book The Forgotten Man].

The current occupant of The White House is a known admirer of the FDR/Hoover approach to governing, so it should come as no surprise that he would take actions in a similar vein and repeat the mistakes of fools long ago.  We’ve seen him do this most glaringly in the ‘stimulus’ package he had passed that has, in fact, made the economy worse than when he took office [and we ain’t seen nothin’ yet in terms of how bad it will get].  And now comes word that King Barack The Unready has done it again, this time with what Stacy McCain describes [rightly, I think] as ‘a Smoot-Hawley for porn’.

Please do take the time to click here and read the detail, NSFYBP [brown paper bag not included].

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