Lately the news is dominated by discussions relating to the economy. There are talks about the trillion dollar bailout package, banks, Wall Street, loss of income from loss of jobs, loss of homes, and presidential speeches about money. There are speeches by Secretary of Treasury on local, state, federal and global effects of the crashing economy. Most seem to be in a state of confusion relative to what has happened and what is going to happen to the economy. And it’s no wonder, as we listen to all the jackhammer rhetoric; it’s a steady stream of propaganda with a little truth thrown from time to time.
This is a preview of
President Roosevelt – Money Banks – The Economy (Issue 171)
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I grew up in the Depression years of the thirties on a farm in Northeast Georgia. It was definitely very different times from what we experience today. In retrospect, I realize we had plenty of everything we needed except money, which was scarce.
The boundaries of the farm we lived on were adjoining to other relatives in a large family who owned farm acreage. My paternal grandfather was a landowner. His land was dotted by small houses of workers who tilled the soil, mostly for food and shelter. Some were black and some were white. Nevertheless, during that time, it seemed as though everyone lived in harmony working side by side to survive. I recall my childhood as a very happy time.
On my maternal side of the family was another grandfather who had an adjoining farm and he too had many day laborers living on his farm doing the work, also providing food and shelter for them. What ever their needs were for survival he provided in return for their labor on the farm. Again, this was in the thirties.
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Funny Money, Sharecropping, Gold and Silver, and Violation of Property Rights (Issue 136)
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Yesterday, President Bush emerged from the International Summit of 20 nations saying that in essence, he was for the free market capitalistic system, BUT, when faced with a depression like in the 30s, he mumbled something about what he was faced to do.
He spoke of the problems faced in a global economy, the success of the Summit and plans for meetings of more of the same. I can’t quote him verbatim, but from what I gathered, he’s trying to tell us his concerns about what is happening in other countries with no specifics about what is happening to individuals in this country such as our eroding private ownership of property rights and individual freedom. It’s all about what the world wants and needs. It sounded like a preamble to a One World government to me.
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):
This is a preview of
Text Of Roosevelt Bank Message, 1933 (Issue 98)
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