Saturday, February 14, 2009

PRICE CONTROL ESTABLISHED!

HAPPY VALENTINES DAY!!! This will be short today, but it is an important part of our winning the war as other endeavors.

Since there were a shortage of manpower and shortage of many daily supplies, Congress gave the President power to freeze salaries, prices on commodities, at their level of September 15, 1942. On July 1, 1943 all rental properties were frozen. The supply and demand was taken away, so there weren't inflation on top of all of our other problems the country faced. Their focus was solely on winning the war with everyone participating, no matter the how small one could help in that effort. No one person or entity was gaining by us being in the war.

Wisdom--Proverbs 1:19 says--"So are the ways of every one that is greedy of gain: which taketh away the life of the owners thereof." Have you seen any greed in our government and people in high places lately? Their greed has got us in quite a "JAM".

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