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We should learn from history

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Posted: Wednesday, December 5, 2012 12:00 am

History repeats itself but none believe it.

In 1937 the stock market dropped and in 2012 the stock market dropped. President Roosevelt was re-elected with big spending prior to his re-election, and the creation of big government.

President Obama was re-elected with big spending prior to his re-election, and the creation of big government. President Roosevelt said, "Tax the rich and cut spending."

President Obama said, "Tax the rich and cut spending." President Roosevelt said, "Blame the rich Wall Street banks." President Obama said, "Blame the rich Wall Street banks." President Roosevelt's administration started Social Security, not private bonded plans. President Obama's administration proposed medical care, not private bonded plans.

There has been more money printed now then in the history of the USA; more spent, more government.

The cover of "Newsweek," Feb. 6, 2009 said we were socialist now — more government and perhaps a future socialist dictatorship.

Oskar Johanson

Lodi

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