OUT OF THIS VALLEY

During the Depression, Andrew Mellon said that, "I have no means of knowing when or how we shall emerge from the valley in which we are now traveling. But I do know that, as in the past, the day will come when we shall find ourselves on a more solid economic foundation and the onward march of progress will be resumed."

Whence this was said, Herbert Hoover was President and Mellon was Secretary of the Treasury. A world of difference in principle, makes for a world of difference in outcome. But post Hoover ... entered FDR. Present crisis, Obama reigns.