“The contraction from 1929 to 1933 was by far the most severe business-cycle contraction during the near-century of U. S. history we cover and it may well have been the most severe in the whole of U. S. history.”

— Milton Friedman , book A Monetary History of the United States

"The Great Contraction, 1929-1933" (1963), with Anna J. Schwartz
A Monetary History of the United States (1963)

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Milton Friedman 158

American economist, statistician, and writer 1912–2006

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“The contraction from 1929 to 1933 was by far the most severe business-cycle contraction during the near-century of U. S. history we cover and it may well have been the most severe in the whole of U. S. history.”

Anna Schwartz book A Monetary History of the United States

"The Great Contraction, 1929-1933" (1963), with Milton Friedman
A Monetary History of the United States (1963)

“I'll be frank and say that we were deluded when we signed the contract [with the U. S. ]. We should have sought to buy other jet fighters like British, French and Russian to secure the air cover for our forces; if we had air cover we would have averted what had happened.”

Nouri al-Maliki (1950) Prime Minister of Iraq

On his country's order of F-16 fighter aircraft (June 2014), as quoted in BBC News http://www.bbc.co.uk/news/world-middle-east-28042302.

“The situation is perilous, uncertain, and extreme – but far from hopeless. The U. S. Armed Forces are a rock. This is the most competent and brilliantly led military in a tactical and operational sense that we have ever fielded.”

Barry McCaffrey (1942) United States Army general

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“In sum, U. S. history is no more violent and oppressive than the history of England, Russia, Indonesia, or Burundi - but neither is it exceptionally less violent.”

James W. Loewen book Lies My Teacher Told Me

Source: Lies My Teacher Told Me

“As is often the case with major disputes in economics, the argument over fiscal policy went on for years, with some critics of fiscal policy still defending their position when this book went to press. It seems fair, however, to say that among economists a more or less Keynesian view of the effects of fiscal policy came to prevail. Careful statistical studies at the International Monetary Fund and else where showed that austerity policies have historically been followed by contraction, not expansion. Recent experience, in which countries like Spain and Greece that were forced into severe austerity also experienced severe slumps, seemed to confirm that observation. Furthermore, it was clear that those who had predicted a sharp rise in U. S. interest rates due to budget deficits, leading to conventional crowding out, had been wrong: U. S. long-term interest rates remained near record lows even during the years from 2009 to 2012, when the government ran very large deficits.”

Paul Krugman (1953) American economist

Source: Economics (4th ed., 2015), Chapter 33. Macroeconomics: Events and Ideas

“It is a common error, as we have pointed out several times, to interpret opposition to U. S. intervention and aggression as support for the programs of its victims, a useful device for state propagandists but one that often has no basis in fact.”

Edward S. Herman (1925–2017) American journalist

Source: After the Cataclysm: Postwar Indochina and the Reconstruction of Imperial Ideology, with Noam Chomsky, 1979, p. 256.

“The goal of the war [on terrorism] is more than just getting oil and fuel. The United States is intent on taking over the world… It's important we all understand that the main terrorist and the main enemy of the world's people is the U. S. government. Racism has been a weakness of this country from its beginning. Throughout history, all people of color, and all people who don't see eye-to-eye with the U. S. government have been subject to American terror.”

Yuri Kochiyama (1921–2014) American activist

[Diane Carol Fujino, Heartbeat of Struggle: The Revolutionary Life of Yuri Kochiyama, https://books.google.com/books?id=b1oowDNmgpoC&pg=PA310, 2005, U of Minnesota Press, 978-0-8166-4593-0, 310] ; In response to the United States' actions following the September 11 attacks in 2001.

“[O]n the whole, given that the environment of the U. S. in the middle of the 19th century is so white supremacist in its assumptions, Lincoln is actually quite remarkable for standing apart from that.”

Allen C. Guelzo (1953) American historian

2010s, Interview with Tom Mackaman (2013)

“The U. S. officials are now revealing their true nature. In his recent speech, the U. S. president spoke like a person who is thirsty for the blood of human beings! He threatened and leveled baseless accusations against other governments and nations. Considering the existing realities on the ground, most of the nations in the world have now come to the conclusion that the U. S. is really the Great Satan. This belief is also substantiated by concrete evidence.”

Ali Khamenei (1939) Iranian Shiite faqih, Marja' and official independent islamic leader

"Leader's Statements in a Meeting with Participants in IWMC" http://english.khamenei.ir//index.php?option=com_content&task=view&id=162&Itemid=31, Khamenei.ir (January 31, 2002)
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“Whatever the other failures of the U. S. government were, it had managed to print an excess of dollars which, combined with the collapse of trade and communication, had severely eroded the currency's value.”

James Howard Kunstler book World Made By Hand

Source: World Made By Hand (2008), Chapter 30, p. 146

“The contraction from 1929 to 1933 was by far the most severe business-cycle contraction during the near-century of U. S. history we cover and it may well have been the most severe in the whole of U. S. history.”

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Milton Friedman 158

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