Have the two main US political parties switched platforms?
When I have debated or conversed with liberals in the last 10 years, I have often reminded them what has bankrupted our country, and it has a lot to do with how their policies and political platforms from 1870 to 1935 effected our economy. From the Federal Reserve Act and the IRS act, to high income taxes, and the shifting of wealth to outside of this country by imposing higher and oppressive regulations on business on top of huge taxes.
In a conversation tonight we went back to the Great Depression. It has been my opinion based on a lot of research that what led up to the great depression was a few things.
1. The Federal Reserve Act of 1913 gave our treasury over to 12 private banks in a system that they called “The Federal Reserve”, championed by Woodrow Wilson
2. The IRS act, which started taxing income for the first time in the USA
3. The shifting of wealth based on new and oppressive federal regulations on businesses, that started pushing wealth to other countries as well as jobs
4. The increase of tax rates to well over 60% to start, and up to 90% for a time.
Some liberals I speak to blame it on businesses being too greedy back then. But I see it differently. I see that the government choked business out, just like they are doing in this day and age.
Here are some references and my video that I made tonight on the subject;
Ryan Thompson speaks on the topic of have the two major parties’ political parties switched platforms or traded platforms in the past 100 years? I illustrate my point that the two major parties do have vast differences that have lasted well over a century, and these are major issues that define the two major parties.
I disagree that the two parties have switched platforms. They may have more similarities in some areas, but in other areas, their differences have only grown apart further.
Even to this day, our current president ran a so-called “Billion Dollar Campaign” and his biggest donors with Federal Reserve Banks like Goldman Sachs.
The Progressive Liberal Democrats are STILL in bed with the big bankers!
Dr. Thomas Sowell
Obama’s banker contributions;
Income Tax Rates in the USA since 1913
The Federal Reserve Act
A few 3rd party commentaries on this question “have the parties switched platforms”