Herbert Hoover was born in a village in Iowa in 1874, but he grew up in Oregon. He was one of the first students at Stanford University. He would graduate from that distinguished University as a mining engineer. Hoover married his college sweetheart, Lou Henry. The couple would move to China where Herbert worked for a Private corporation as an engineer. 

After serving as Secretary of Commerce under Presidents Harding and Coolidge, Herbert Hoover became the Republican Presidential nominee in 1928. Hoover would tell the American people: “We in America today are nearer to the final triumph over poverty than ever before in the history of any land.” The election of Herbert Hoover seemed to guarantee posterity. However within months all “Hell” broke loose. The stock market crashed, and the Nation spiraled into a depression.  

In 1931 repercussions from the war deepened the crisis, even though Hoover presented several programs to help the needy. Hoover’s critics painted him as a callous and cold hearted President. He became the scapegoat for the depression and was defeated when he ran for reelection in 1932. He died at the age of 90 in New York City on October 20, 1964. 

I have seen a significant decline in general economic activity which has extended over quite sometime. I am predicting that we are close to seeing “Hoover Days” again. Gas prices are sky high! Food prices are sky high! The housing market is in a crisis! You don’t have to be a rocket scientist to figure this one out! 

My suggestion to you is to hold on to your money! Decrease your driving! Stop spending! You can force the powers to be to make things right! An example of how important you are to the economy can be seen through this story: “The parts of the body started debating on who was the most important part of the body. The head proclaimed that it was the most important part of the body after all it was “the head”. The eyes said Oh no! We are the most important part of the body after all we are “the eyes!” This went on with every part of the body until it reached the “anus”. The “anus” said Oh no! I am the most important part of the body after all without me nothing could function. Everyone laughed hysterically. So the “anus” decided to prove its importance to the others by simply closing up! Soon the head began to wither, the eyes could no longer see, and every other part of the body began to shut down. This is exactly what would happen if you were to stop spending! The oil rich Arabs would be begging you to purchase their gas at 32 cents a gallon. But you know what; nobody wants to listen to me!!!!!!!!!!!

In the words of my dad: “Stay away from the pig ears and fried pork chops.  Eat more fruits and vegetables.”