pilotyip
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 13,629
Interesting WWII story, New Dealers, read Obama like, said they could replace the lost natural rubber from the Far East by turning Central America into a worker's paradise. The workers would have free housing, free education, free medical care and be paid a fair wage to work on the rubber plantations. FDR went along with the plan to keep his New Dealers happy. But because the US needed rubber so badly, he also turned to the CEO’s of the oil, rubber and chemical companies and asked them to see if they could produce synthetic rubber in large enough quantities to supply the military needed of the country. One year later the New dealers were producing natural rubber at a cost of $326 a pound, and US Industry was producing synthetic rubber at under $30 pound and meeting almost 90% of the US needs.... because Obama's done 'wonders' for oil prices. Oil - the lifeblood of the aviation industry.