Yesterday the House of Representatives voted a second time and passed the staggering $700 billion bailout bill. It’s all the news, broadcasters and pundits are talking about. Some suggest it’s the most important piece of legislation since the Great Depression in the thirties.
I have reams of newspaper clippings dating back to the 1930s. Today I dug into some storage boxes and began reading articles published back then. It’s amazing what a striking resemblance there is to what is happening today. With that said, I thought you might be interested in reading the Text of Roosevelt’s message asking for the bank opening law. I quote verbatim from the article (dated March 9, 1933):
