Currents Magazine June 2016 Currents June 2016 | Page 3

Currents June 2016 3 Analogies E veryone seems to have an opinion on “Who Created The Donald” but one school of blame is likely to be proven actuate in the end. One point most can agree upon, is that it's interesting and revealing to review historical time and cultural parallels. America's first century began with internal disputes that were apparently compromised only enough to gain constitutional ratification. Everyone besides the politicians remained greatly divided with the path forward for the young country, Nationalism or Aligned Strong States. One major political party named the Whigs was dividing or imploding, in real time along those ideological lines and its last election was 1856. So the Political Parties were fighting about taxes, slavery, nationalism vs. states rights, and how the Presidency was power grabbing, again. Further, along the lines 'you must be joking', in 1847 a Whig Congressmen spoke and published a book on “Man Made Climate Change” - George Perkins Marsh, connected the dots and sounded the alarm 9 years before Thoreau. Today, the Media is discussing The Imperial President Obama. Whigs decried President Jackson. Note: Jackson did defy a Supreme Court Ruling. Today most people are discussing Climate Change. Whigs denied their own prognosticator. Today we continue to recover from the 2008 Crash and Great Recession. Whigs were recovering from the 1837 Panic and Great Recession. Both coincidently share some root causes: The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices, and wages went down while unemployment went up. Pessimism abounded during the time. The panic had both domestic and foreign origins. Speculative lending practices in western states, a collapsing land bubble, and restrictive lending policies in Great Britain were all to blame. On May 10, 1837, banks in New York City suspended specie payments, meaning that they would no longer redeem commercial paper in specie at full face value, the recession persisted for approximately seven years. Banks collapsed, businesses failed, prices declined, and thousands of workers lost their jobs. Unemployment may have been as high as 25% in continued on page 4 > STOP YOUR WINDOW LEAK PROBLEMS Be P Hu repa rric red Fix you ane for th S rW in eas e NO dow on W! Lea ks Dried out gaskets and window stripping will cause window leaks. I have the proper window stripping to repair all types of windows. I also do Screening, Wrol-up Repair and Sliding Glass Doors. CALL REE F ATES IM EST PATRICK Cell No. 954-829-4348 [email protected] FPL Independent Participating Contractor 3621 Washington Street • Hollywood, FL 33021