Calvin Coolidge–Videos

Posted on August 12, 2010. Filed under: Blogroll, Communications, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, history, Investments, Language, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Psychology, Quotations, Raves, Resources, Security, Taxes, Video, War, Wisdom | Tags: , , , , , , , , , , , |

“Knowledge comes, but wisdom lingers. It may not be difficult to store up in the mind a vast quantity of face within a comparatively short time, but the ability to form judgments requires the severe discipline of hard work and the tempering heat of experience and maturity. “

“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. “

“Industry, thrift and self-control are not sought because they create wealth, but because they create character.”

“The business of America is business.”

~Calvin Coolidge

BookTV: David Pietrusza, “Silent Cal’s Almanack”

Glenn Beck A Closer Look At The Progressive Movement

Coolidge and the Roaring 20’s

Calvin Coolidge Memorial Foundation

An outstanding and must view Calvin Coolidge Video  and Website

Calvin Coolidge on Republican Principles, 1924 – Mr. President, Calvin Coolidge

The Autobiography of Calvin Coolidge, Part I

The Autobiography of Calvin Coolidge, Part II

President Harding and Calvin Coolidge [1]

President Coolidge’s Inauguration (1925)

President Coolidge, 1st Presidential Film (1924)

Plymouth Notch, Vermont and the Calvin Coolidge Homestead

Richard Norton Smith on Calvin Coolidge (1 of 8)

Richard Norton Smith on Calvin Coolidge (2 of 8)

Richard Norton Smith on Calvin Coolidge (3 of 8)

Richard Norton Smith on Calvin Coolidge (4 of 8)

Richard Norton Smith on Calvin Coolidge (5 of 8)

Richard Norton Smith on Calvin Coolidge (6 of 8)

Richard Norton Smith on Calvin Coolidge (7 of 8)

Richard Norton Smith on Calvin Coolidge (8 of 8)

 “…Robert Sobel, in the first full-scale biography of Calvin Coolidge within a generation, shatters the caricature of our thirtieth president as a silent, do-nothing leader. He exposes the real Coolidge as the most Jeffersonian of all twentieth-century presidents — he cut taxes four times, had a budget surplus every year in office, and cut the national debt by a third during a period of unprecedented growth. He won 17 of the 19 elections in which he ran. Although a Republican, he reversed the Republican centrist policies. There were Coolidge Democrats three-quarters of a century before there were Reagan Democrats. A statistician once computed that Coolidge’s sentences averaged 18 words compared with Lincoln’s 27, Wilson’s 32, and Teddy Roosevelt’s 41 — Coolidge was direct. …”

Calvin Coolidge

“The nation which forgets its defenders will be itself forgotten. “

“Collecting more taxes than is absolutely necessary is legalized robbery. “

“Perhaps one of the most important accomplishments of my administration has been minding my own business.”

“To live under the American Constitution is the greatest political privilege that was ever accorded to the human race.”

~Calvin Coolidge

The American people long for the days of Calvin Coolidge where 98% of Americans paid no income taxes and all government expenditures, local, state, and Federal  were less than 12% of the nation’s gross domestic product.

The days of peace, prosperity and principles, those were the days.

Calvin Coolidge was and knew he was not a great man, but Coolidge was a man of character, principle and achievement, a man of great virtue.

Coolidge was the probably the last President who truly believed in Constitutional government as set forth in the United States Constitution.

Coolidge was a tax reformer who cut the extremely high tax rates for the simple reason that they were morally wrong and did not raise much tax revenue.

Top U.S. Federal marginal income tax rate from 1913 to 2009

Coolidge cut the national debt by one-third by slashing government spending.

The combination of tax rate reductions and prudent limited Federal Government spending produced a period of economic growth called the decade of prosperity, Coolidge prosperity or the roaring twenties.


Gov. Coolidge for Vice-President (1920)

One Republican that comes closest to Calvin Coolidge is Ron Paul, another classical liberal or libertarian.

Ron Paul: A New Hope

MSNBC’s Hardball (4-22-2010): Chris Matthews Interviews Ron Paul

Ron Paul : Don’t tread on me

Yes, the American would like to go back to Calvin Coolidge and Thomas Jefferson by downsizing the Federal Government and reforming the out-of-control government spending and confiscatory system of Federal income taxation.

Both Barry Goldwater and Calvin Coolidge are heroes to many of conservatives and libertarians.

I have been a classical liberal for many years and would like to see a limited government classical liberal as President of the United States that put faith, families and freedom first.

Both the Democratic and Republican parties have deeply penetrated at the local, county, state and Federal level by Progressive Radical Socialists that want the American people to be dependent upon government.

Both political parties have ignored the will and sovereignty of the American people on Federal government spending, taxation, deficits, illegal immigration and health care.

H. L. Menchen who was critical of Coolidge while he lived, wrote of Coolidge after he died:

 “He begins to seem, in retrospect, an extremely comfortable and even praiseworthy citizen. His failings are forgotten; the country remembers only the grateful fact that he let it alone. Well, there are worse epitaphs for a statesman. If the day ever comes when Jefferson’s warnings are heeded at last, and we reduce government to its simplest terms, it may very well happen that Cal’s bones now resting inconspicuously   in the Vermont granite will come to be revered as those of a man who really did the nation some service.”  

America needs a new political party dedicated to  replacing the mixed economy welfare state with free market capitalism and a representative republic limited constitutional government.

America needs a President that will leave the American people alone and minds his own business.

America needs a President that will slash the Federal Government by closing ten Federal Departments and replaces all Federal income, payroll, capital gains, estate and gift taxes with the FairTax, a national consumption sales tax.

America needs a modern-day Calvin Coolidge noted for the clarity and directness of his message to the American people.

Join millions of Americans in Washington D.C. on August 28, 2010 at the Lincoln Memorial.

The American People March on Washington D.C.–August 28, 2010–At The Lincoln Memorial! Mark Your Calendar–Be There–Three Million Minimum–Join The Second American Revolution

A wise old owl lived in an oak
The more he saw the less he spoke
The less he spoke the more he heard.
Why can’t we all be like that wise old bird?

Why indeed.

Silent Cal would be smiling.

Background Articles and Videos 

Why You’ve Never Heard of the Great Depression of 1920 | Thomas E. Woods, Jr.

Uncommon Knowledge: The Great Depression with Amity Shlaes

The Presidency of Calvin Coolidge

Robert H. Ferrell

“…Ferrell’s analysis of the Coolidge years shows how the president represented the essence of 1920s Republicanism. A believer in laissez-faire economics and the separation of powers, he was committed to small government, and he and his predecessors reduced the national debt by a third. More a manager than a leader, he coped successfully with the Teapot Dome scandal and crises in Mexico, Nicaragua, and China, but ignored an overheating economy. Ferrell makes a persuasive case for not blaming Coolidge for the failures of his party’s foreign policy; he does maintain that the president should have warned Wall Street about the dangers of overspeculating but lacked sufficient knowledge of economics to do so.

Drawing on the most recent literature on the Coolidge era, Ferrell has constructed a meticulous and highly readable account of the president’s domestic and foreign policy. His book illuminates this pre-Depression administration for historians and reveals to general readers a president who was stern in temperament and dedicated to public service. …”

Calvin Coolidge

“…John Calvin Coolidge, Jr. (July 4, 1872 – January 5, 1933) was the 30th President of the United States (1923–1929). A Republican lawyer from Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor of that state. His actions during the Boston Police Strike of 1919 thrust him into the national spotlight. Soon after, he was elected as the 29th Vice President in 1920 and succeeded to the Presidency upon the sudden death of Warren G. Harding in 1923. Elected in his own right in 1924, he gained a reputation as a small-government conservative.

Coolidge restored public confidence in the White House after the scandals of his predecessor’s administration, and left office with considerable popularity.[2] As a Coolidge biographer put it, “He embodied the spirit and hopes of the middle class, could interpret their longings and express their opinions. That he did represent the genius of the average is the most convincing proof of his strength.”[3] Many later criticized Coolidge as part of a general criticism of laissez-faire government.[4] His reputation underwent a renaissance during the Ronald Reagan Administration,[5] but the ultimate assessment of his presidency is still divided between those who approve of his reduction of the size of government programs and those who believe the federal government should be more involved in regulating and controlling the economy.[6] …”

“…Coolidge’s taxation policy was that of his Secretary of the Treasury, Andrew Mellon: taxes should be lower and fewer people should have to pay them.[113] Congress agreed, and the taxes were reduced in Coolidge’s term.[113] In addition to these tax cuts, Coolidge proposed reductions in federal expenditures and retiring some of the federal debt.[113] Coolidge’s ideas were shared by the Republicans in Congress, and in 1924 Congress passed the Revenue Act of 1924, which reduced income tax rates and eliminated all income taxation for some two million people.[113] They reduced taxes again by passing the Revenue Acts of 1926 and 1928, all the while continuing to keep spending down so as to reduce the overall federal debt.[114] By 1927, only the richest 2% of taxpayers paid any income tax.[114] Although federal spending remained flat during Coolidge’s administration, allowing one-fourth of the federal debt to be retired, state and local governments saw considerable growth, surpassing the federal budget in 1927.[115] …”

“Civil Rights

Coolidge spoke out in favor of the civil rights of African Americans and Catholics.[127] He appointed no known members of Ku Klux Klan to office; indeed the Klan lost most of its influence during his term.[128]

In 1924, Coolidge responded to a letter that claimed the United States was a “white man’s country”:

“….I was amazed to receive such a letter. During the war 500,000 colored men and boys were called up under the draft, not one of whom sought to evade it. [As president, I am] one who feels a responsibility for living up to the traditions and maintaining the principles of the Republican Party. Our Constitution guarantees equal rights to all our citizens, without discrimination on account of race or color. I have taken my oath to support that Constitution….[129]

On June 2, 1924, Coolidge signed the Indian Citizenship Act, which granted full U.S. citizenship to all American Indians, while permitting them to retain tribal land and cultural rights. However, the act was not clear whether the federal government or the tribal leaders retained tribal sovereignty.[130] Coolidge repeatedly called for anti-lynching laws to be enacted, but most Congressional attempts to pass this legislation were filibustered by Southern Democrats. …”

“…Despite his reputation as a quiet and even reclusive politician, Coolidge made use of the new medium of radio and made radio history several times while President. He made himself available to reporters, giving 529 press conferences, meeting with reporters more regularly than any President before or since.[149]

Coolidge’s inauguration was the first presidential inauguration broadcast on radio. On December 6, 1923, he was the first President whose address to Congress was broadcast on radio.[150] On February 22, 1924, he became the first President of the United States to deliver a political speech on radio.[151] Coolidge signed the Radio Act of 1927, which assigned regulation of radio to the newly created Federal Radio Commission.

On August 11, 1924, Lee De Forest filmed Coolidge on the White House lawn with DeForest’s Phonofilm sound-on-film process, becoming the first President to appear in a sound film. The title of the DeForest film was President Coolidge, Taken on the White House Lawn.[152] …”

Calvin Coolidge

30th President of the United States
(August 3, 1923 to March 3, 1929)

Nickname: “Silent Cal”

Born: July 4, 1872, in Plymouth, Vermont
Died: January 5, 1933, in Northampton, Massachusetts

Father: John Calvin Coolidge
Mother: Victoria Josephine Moor Coolidge
Married: Grace Anna Goodhue (1879-1957), on October 4, 1905
Children: John Coolidge (1906-2000); Calvin Coolidge, Jr. (1908-24)

Religion: Congregationalist
Education: Graduated from Amherst College (1895)
Occupation: Lawyer
Political Party: Republican
Other Government Positions:

  • Northampton, MA City Councilman, 1899
  • City Solicitor, 1900-01
  • Clerk of Courts, 1904
  • Member of Massachusetts Legislature, 1907-08
  • Mayor of Northampton, MA, 1910-11
  • Member of Massachusetts Legislature, 1912-15
  • Lieutenant-Governor of Massachusetts, 1916-18
  • Governor of Massachusetts, 1919-20
  • Vice President, 1921-23 (under tiny U.S. flag Harding)

Presidential Salary: $75,000/year

Presidential Election Results:
Year Popular Votes Electoral Votes
1924 Calvin Coolidge 15,718,211 382
John W. Davis 8,385,283 136
Robert M. LaFollette 4,831,289 13

Partial History of
U.S. Federal Marginal Income Tax Rates
Since 1913
1913-1915 1% 7% IRS
1916 2% 15% IRS
1917 2% 67% IRS
1918 6% 77% IRS
1919-1920 4% 73% IRS
1921 4% 73% IRS
1922 4% 56% IRS
1923 3% 56% IRS
1924 1.5% 46% IRS
1925-1928 1.5% 25% IRS
1929 0.375% 24% IRS
1930-1931 1.125% 25% IRS
1932-1933 4% 63% IRS
1934-1935 4% 63% IRS
1936-1939 4% 79% IRS
1940 4.4% 81.1% IRS
1941 10% 81% IRS
1942-1943 19% 88% IRS
1944-1945 23% 94% IRS
1946-1947 19% 86.45% IRS
1948-1949 16.6% 82.13% IRS
1950 17.4% 84.36% IRS
1951 20.4% 91% IRS
1952-1953 22.2% 92% IRS
1954-1963 20% 91% IRS
1964 16% 77% IRS
1965-1967 14% 70% IRS
1968 14% 75.25% IRS
1969 14% 77% IRS
1970 14% 71.75% IRS
1971-1981 15 brackets 14% 70% IRS
1982-1986 12 brackets 12% 50% IRS
1987 5 brackets 11% 38.5% IRS
1988-1990 3 brackets 15% 28% IRS
1991-1992 3 brackets 15% 31% IRS
1993-2000 5 brackets 15% 39.6% IRS
2001 5 brackets 15% 39.1% IRS
2002 6 brackets 10% 38.6% IRS
2003-2009 6 brackets 10% 35% Tax Foundation US Government Spending As Percent Of GDP
Fiscal Years 1903 to 2010
$ billion
Total Spending -total
pct GDP
1903 25.9 6.80 i
1904 25.7 7.28 i
1905 28.8 6.89 i
1906 31 6.81 i
1907 33.9 6.61 i
1908 30.1 7.90 i
1909 32.2 7.84 i
1910 33.4 8.03 i
1911 34.3 8.31 i
1912 37.4 8.09 i
1913 39.1 8.22 a
1914 36.5 9.55 i
1915 38.7 9.80 i
1916 49.6 8.22 i
1917 59.7 9.49 i
1918 75.8 22.12 i
1919 78.3 29.38 i
1920 88.4 12.81 i
1921 73.6 14.31 i
1922 73.4 12.67 a
1923 85.4 11.27 i
1924 86.9 11.49 i
1925 90.6 11.44 i
1926 96.9 11.12 i
1927 95.5 11.75 a
1928 97.4 11.75 i
1929 103.6 11.27 i
1930 91.2 13.07 i
1931 76.5 15.92 i
1932 58.7 21.19 a
1933 56.4 22.38 i
1934 66 19.40 a
1935 73.3 20.17 i
1936 83.8 20.00 a
1937 91.9 18.74 i
1938 86.1 20.53 a
1939 92.2 20.66 i
1940 101.4 20.14 a
1941 126.7 19.22 i
1942 161.9 28.15 a
1943 198.6 46.68 i
1944 219.8 50.02 a
1945 223 52.99 i
1946 222.2 35.87 a
1947 244.1 23.65 i
1948 269.1 20.47 a
1949 267.2 23.47 i
1950 293.7 23.95 a
1951 339.3 22.38 i
1952 358.3 27.88 a
1953 379.3 29.02 a
1954 380.4 29.27 a
1955 414.7 26.70 a
1956 437.4 26.47 a
1957 461.1 27.21 a
1958 467.2 28.84 a
1959 506.6 28.77 a
1960 526.4 28.74 a
1961 544.8 30.25 a
1962 585.7 28.94 i
1963 617.8 28.71 i
1964 663.6 28.50 i
1965 719.1 26.96 i
1966 787.7 27.45 i
1967 832.4 29.80 i
1968 909.8 30.47 i
1969 984.4 30.08 i
1970 1038.3 31.00 i
1971 1126.8 31.49 i
1972 1237.9 31.36 i
1973 1382.3 29.78 i
1974 1499.5 30.23 i
1975 1637.7 33.62 i
1976 1824.6 34.00 i
1977 2030.1 32.91 i
1978 2293.8 32.02 i
1979 2562.2 31.58 i
1980 2788.1 33.72 i
1981 3126.8 33.64 i
1982 3253.2 36.25 i
1983 3534.6 36.31 i
1984 3930.9 34.44 i
1985 4217.5 35.48 i
1986 4460.1 35.71 i
1987 4736.4 35.09 i
1988 5100.4 34.73 i
1989 5482.1 34.94 i
1990 5800.5 36.01 i
1991 5992.1 37.22 i
1992 6342.3 37.04 a
1993 6667.4 36.31 a
1994 7085.2 35.38 a
1995 7414.7 35.54 a
1996 7838.5 34.69 a
1997 8332.4 33.77 a
1998 8793.5 33.24 a
1999 9353.5 32.65 a
2000 9951.5 32.56 a
2001 10286.2 33.38 a
2002 10642.3 34.75 a
2003 11142.1 35.28 a
2004 11867.8 34.78 a
2005 12638.4 34.79 a
2006 13398.9 35.06 a
2007 14077.6 34.98 a
2008 14441.4 36.94 a
2009 14258.2 42.32 g
2010 14623.9 43.85 g
i – interpolated between actual reported values
a – actual reported
g – ‘guesstimated’ projection by
b – budgeted estimate in US fy11 budget

Related Posts On Pronk Palisades

Amity Shlaes–Coolidge–Videos


The Battle For The World Economy–Videos

Frederic Bastiat–The Law–Videos

Walter Block–Videos

Walter Block–Introduction To Libertarianism–Videos

Hunter Lewis–Where Keynes Went Wrong–Videos

Thomas DiLorenzo–The Economic Model of the Fascist State–Videos

Richard Ebeling–America’s New Road to Serfdom and the Continuing Relevance of Austrian Economics –Videos

Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos

David Gordon–Five Best Books on the Current Crisis–Video

David Gordon–The Confused Literature of Globalization–Videos

Friedrich Hayek–Videos

Henry Hazlitt–Economics In One Lesson–Videos

Robert Higgs–The Complex Path of Ideological Change–Videos

Robert Higgs–The Great Depression and the Current Recession–Videos

Robert Higgs–Why Are Politicians Always Trying to Scare Us?–Videos

Jörg Guido Hülsmann–The Ethics of Money Production–Videos

Jörg Guido Hülsmann–The Life and Work of Ludwig von Mises–Videos

Milton Friedman–Videos

Milton Friedman on Education–Videos

Milton Friedman–Debate In Iceland–Videos

Milton Friedman–Free To Choose–On Donahue –Videos

Israel Kirzner–On Entrepreneurship–Vidoes

Paul Krugman–Videos

Hunter Lewis–Where Keynes Went Wrong–Videos

Liberal Fascism–Jonah Goldberg–Videos

Dan Mitchell–Videos

Ludwig von Mises–Videos

Robert P. Murphy–Videos

Robert P. Murphy–Government Stimulus: Repeating the mistakes of the Great Depression–Videos

Gary North–Keynes and His Influence–Take The North Challenge–Videos

The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand

George Gerald Reisman–Why Nazism Was Socialism and Why Socialism Is Totalitarian–Videos

Llewellyn H. Rockwell, Jr–How Empires Bamboozle the Bourgeoisie–Videos

Murray Rothbard–Videos

Murray N. Rothbard–Introduction to Economics: A Private Seminar–Videos

Murray Rothbard–Libertarianism–Video

Rothbard On Keynes–Videos

Murray Rothbard– What Has Government Done to Our Money?–Videos

Peter Schiff–Videos

Schiff, Forbers and Bloomberg Nail The Financial Crisis and Recession–Mistakes Were Made–Greed, Arrogance, Stupidity–Three Chinese Curses!

Larry Sechrest–The Anticapitalists: Barbarians at the Gate–Videos

L. William Seidman on The Economic Crisis: Causes and Cures–Videos

Amity Shlaes–Videos

Julian Simon–Videos

Julian Simon–The Ultimate Resource II: People, Materials, and Environment–Videos

Thomas Sowell and Conflict of Visions–Videos

Thomas Sowell On The Housing Boom and Bust–Videos

Econ Talk With Thomas Sowell–Videos

Peter Thiel–Videos

Thomas E. Woods, Jr.–Videos

Thomas E. Woods–The Economic Crisis and The Federal Reserve–Videos

Tom Woods–Lectures On Liberty–Videos

Thomas E. Woods–The Market Economy–Videos

Tom Woods On Personal Rights and Property Ownership

Tom Woods–Smashing Myths and Restoring Sound Money–Videos

Tom Woods–Who Killed The Constitution

Tom Wright On The FairTax–Videos

Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record

Make a Comment

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Liked it here?
Why not try sites on the blogroll...

%d bloggers like this: