Many ask what led to the crash of 29, here's a little of what did. If it sounds familiar, it is. The following is taken from a book called "The American Past" by Roger Butterfield.
THE SMEAR OF OIL
It took years of sleuthing to uncover even a partial story of the Harding scandals. Many facts were lost when Attorney General Harry Daugherty burned the ledger sheets of a bank where he and Jesse Smith and other members of the "Ohio gang" had deposited their gains. A Senate committee found Daugherty guilty of selling pardons and permits, and was ousted from the cabinet, but he escaped conviction in court twice by hung juries. His lawyer said Daugherty got rid of the records to protect someone else, and most people assumed he meant President Harding.
Harding"s crony, Charlie Forbes, whose thieving regime in the Veteran"s Bureau cost the tax payers an estimated $200 million, was sent to federal penitentiary. So was Thomas W. Miller, The Alien Property Custodian, who-while working under Daugherty"s supervision-fraudulently returned nearly $7 million to a German metal firm. Gaston B. Means, a Federal Bureau of Investigation agent who did uncover jobs for "the gang" was imprisoned for bribery. The most sensational case was that of Albert B. Fall, Harding"s Secretary of the Interior, who was convicted of receiving a bribe. It was the first time in American history that an officer of cabinet rank had been jailed as a criminal.
Fall was a new Mexico rancher who swaggered around Washington in a broad-brimmed hat, playing the part of a political he-man from the wide open West. Harding first met him in the Senate and was fascinated by his gruff, self confident manner. He wanted to make him Secretary of State, but Fall preferred the Interior Department. As soon as he was installed there , in 1921, he went to work on the government-owned oil reserves at Teapot Dome, Wyoming, and Elk Hills, California, which had been set aside years before for the Navy. Fall asked Secretary of the Navy Edwin N. Denby to transfer the oil lands to the Interior Department. Denby (a rich Detroit lawyer who honestly didn"t know what it was all about) did it. Fall then negotiated secret lease deals for Elk Hills with Edward L. Doheny of Los Angeles, and for teapot dome with Harry F. Sinclair of New York. Doheny gave Falls $105,000 in cash, and Sinclair gave him $304,000 in cash and Liberty bonds. With this tidy fortune Fall resigned from the cabinet late in 1922 and retired to his ranch, where he spent so much money on improvements that the neighbors began to talk. After Harding"s death he was hauled back to Washington, and perjured himself before a Senate investigating committee. But it was not until October 1929 that he was convicted and sentenced to one year in prison.
It would be better for him if it does, he needs to have things fail so he can blame those who would stand in his way and gethis blind supportersto give him way more power than the constitution has ever given a President. If he gets everything he wants and fails then he'll have no one to blame, that's good for usin the long run.
I don't think these people want to be just president, they want more, a lot more. They need people to give them greater power and they needjudges to interpret the law in their favor. It's the interpretation that matters, if it wasn't why would anyone care if a judge is conservative or liberal? Read it all you want, if a judge doesn't agree, it doesn't matter, no matterhow plainly it's stated. In fact the origanal intent was to make it so simple it couldn't be misunderstood. Some joke aye!
Location: land of the Lilliputians, In the state of insanity
Posts: 24,185
RE: Our history October 1929
Quote:
ORIGINAL: nodog
It would be better for him if it does, he needs to have things fail so he can blame those who would stand in his way and gethis blind supportersto give him way more power than the constitution has ever given a President. If he gets everything he wants and fails then he'll have no one to blame, that's good for usin the long run.
I don't think these people want to be just president, they want more, a lot more. They need people to give them greater power and they needjudges to interpret the law in their favor. It's the interpretation that matters, if it wasn't why would anyone care if a judge is conservative or liberal? Read it all you want, if a judge doesn't agree, it doesn't matter, no matterhow plainly it's stated. In fact the origanal intent was to make it so simple it couldn't be misunderstood. Some joke aye!
In lies the game. When it is diametric, the blame game has no winner.(ex. Bush's fault, Demo. congress fault) Now that they are polar twins, I can see it a lose lose. Its like a good friend told me, "Im excited about this administration". When I questioned him, he explained that this administration has no scape goat, so they will either go down in flames or be forced to do the right thing.
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kaafir mushrik
Unintended consequences and God have one thing in common: Liberals dont believe in either of them.
Location: land of the Lilliputians, In the state of insanity
Posts: 24,185
RE: Our history October 1929
Quote:
I don't think these people want to be just president, they want more, a lot more. They need people to give them greater power and they needjudges to interpret the law in their favor. It's the interpretation that matters, if it wasn't why would anyone care if a judge is conservative or liberal? Read it all you want, if a judge doesn't agree, it doesn't matter, no matterhow plainly it's stated. In fact the origanal intent was to make it so simple it couldn't be misunderstood. Some joke aye!
Very, very true.
__________________
kaafir mushrik
Unintended consequences and God have one thing in common: Liberals dont believe in either of them.
Our history October 1929
