Modern Echoes of FDR’s Ugly Reality
I went searching for reviews of Amity Shlaes’ 2007 book “The Forgotten Man” for her take on the government-induced uncertainty of the Depression Era 1930s. I had to leave references to the book on the cutting-room floor when I wrote my latest Pajamas Media column (“It’s the Uncertainty, Stupid”).
I got what I was looking for and so much more at a Mises.org review by C.J. Maloney.
Maloney’s September 2009 review went much further in making Shlaes’ academic points, as he imparted an important insight and relentlessly built on it.
Anyone watching what has happened during 2009 and 2010 without ideological blinders will see eerie and frightening parallels:
As one of the book’s central themes, Amity Shlaes condemns them (the FDR administration) for introducing “regime uncertainty” into the economy, thereby exacerbating the Great Depression. Keep in mind that “regime uncertainty” is but a euphemism for “utter lawlessness.”
This “regime uncertainty” was a direct result of the ideological underpinnings of FDR and his Brain Trust.
… In one of the book’s most devastating chapters (“The Junket”) Mrs. Shlaes gives a brief intellectual history of those men and their ideas. Suffice to say that during the 1920s and 1930s, the chatterers at Ivy League cocktail parties — and around FDR’s dinner table — were decidedly smitten with Joseph Stalin and Benito Mussolini.
One of the men Schlaes profiles is Rex Tugwell, a future prominent member of FDR’s Brain Trust. While in Stalin’s Russia, Tugwell looked about with open admiration. “I knew from then on how determined dictators come to manage a people” (p. 73). His admiration for raw power was par for the course among FDR and his cronies. Roosevelt himself declared during his 1936 campaign, “we are fashioning an instrument of unimagined power” (p. 299).
Throughout the book, Shlaes demonstrates that FDR considered the law not as something to be respected and adhered to, but as something to be cynically manipulated or ignored at leisure. In his hands, the law became a weapon to be used against his enemies and other, arbitrarily chosen targets. During his first year of rule alone, “10,000 pages of law had been created” (p. 202), and an army of bureaucrats and police had been raised to enforce them.
America in the Great Depression became a land covered by innumerable laws while sliding into the lawlessness of the NRA (National Recovery Administration). The NRA was FDR’s favorite legislative pet. In it, he put his admiration of Mussolini’s fascist model into action. Mrs. Shlaes pointedly notes that FDR’s economic interventions were “often inspired by socialist or fascist models abroad” (p. 6).
By 1940, America had learned about FDR & Friends that “unpredictability was the only thing you could be sure of” (p. 374). While FDR would repeatedly announce that “we are bringing order out of chaos” (p. 208), Mrs. Shlaes shows unequivocally that his blasé attitude towards the rule of law was doing quite the opposite. How could the economy recover when FDR’s own attorney general went into a court of law and sneered at “the supposed sanctity and inviolability of contractual obligations” (p. 233)?
Team Obama is savvy enough not to sneer. Otherwise, what’s the difference?
Lest I overdo it on excerpting, I’ll stop at this point, and say “read the whole thing.”
When you do, you’ll find that one of the only things that saved the country from the worst of FDR’s lawless, statist excesses was the judicial branch (another, not cited by Maloney, was the “Tea Party” of 1937-1938). Does anyone believe that the courts as currently constituted can save us now?
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RELATED: Van Helsing at Moonbattery (“BHO the Next FDR? We’d Better Hope Not”) says that Team Obama doesn’t really want a recovery —
Maybe FDR and the Ivy League geniuses in his cabinet were not malevolent, but merely clueless fools. However, having put us through one Great Depression, Democrats cannot use cluelessness as an excuse for imposing another. They know what they’re doing, and we know why they’re doing it.
The argument becomes more convincing with each passing day of the same-old, same-old.


Previous NewsBusters posts Friday afternnoon provided readers with a list of 65 known participants in the now-infamous Journolist (
At the nation’s universities and in government bureaucracies, “Chokepoint Charlies” have the power to end careers and control people’s lives — and they do abuse it.
… with a big bag of 






