Page 109 - 1933 News Today

Look, even senator sessions, certainly very conservative anti-government senator from alabama on his trip with the president in the south where the -- all the terrible oil damage either is occurring or about to occur said that the government really needs to step up to the plate here. people need to rely on government when times are really bad. and all this anti-government rhetoric is silly. it was the government that the go us out of the depression in 1932. and -- or not 1933, when it began. and...

Believe in progressive policies. it seems to me a higher standard. is the president meeting it? >> i think he is. senator session, very conservative anti-government senator from alabama on his trip with the president in the south where all the terrible oil damage is occurring and about to occur said that the government really needs to step up to the plate here. people need to rely on government when times are really bad. all this anti-government rhetoric is silly. the government got us out of th...

I think by now everybody knows we finish up friday nights here as i used to finish up my late fathers nights in the hospitals with a quick reading from james thurber. i am as ever reading from the library of the 1996, "thurber writing and drawings." this classic first appeared in "my life and hard times" from 1933 and can be found in full, unabridged there. "the night the bed fell," by james thurber. i suppose that the high water mark of my youth in columbus, ohio, was the night the bed fell on ...

Protection agency. sounds like a great idea. who wouldnt want consumers to be protected? kept its not effective. also, im going to give you a ray of hope. after the crash of 29 and the depression, we had had years where regulatory reform was enacted in 1933, 1934, 1940. and maybe our professor is right down in washington, maybe this is the beginning of a longer-term trend where we gate smart about regulatory reform. >> jill, michael, great to talk to both of you this morning. thanks. >> thank yo...

You all the scandals and all the bad things that happened. ultimately we tend to regulate the last thing that happened we dont always know what the next leak is going to be. >> you made it very clear. theres a tension between having free markets and having regulation. and he wants to find the mean between those two so as to make sure that what happened the last two years never happens again. so -- he also, the most apt moment in the speech was when he quoted for your time line "time" magazine 19...

As dynamic has it has in the past. yes, this debate can be contentious and heated. in the end, it serves only to make our country stronger. it has allowed us to adapt and to thrive. and i read a report recently that i think fairly illustrates this point. its from "time" magazine. im going to quote. through the great banking houses of manhattan last week ran wild eyed alarmed, big bankers stared at one another in anger and at astonishment, a bill just passed, rivet upon their institutions what th...

This is what he said. >> i read a report recently that i think fairly illustrates this point. its from "time" magazine. im going to quote. through the great banking houses of manhattan last week ran wild-eyed alarmed, big bankers stared at one another in anger and astonishment, a bill just passed with rivet upon their institutions what they considered a monstrous system, such a system they felt would not only rob them of their pride of profession but would reduce all u.s. banking to its lowest l...

Dynamic and our economy remains as dynamic as it has in the past. so, yes, this debate can be contentious, it can be heated, but in the end it serves only to make our country stronger. it has allowed us to adapt and to thrive. and i read a report recently that i think fairly illustrates this point, its from thyme magazine -- time magazine. im going to quote: through the banking houses last week ran wild-eyed alarm. big bankers stared at one another in anger and astonishment. a bill just passed w...

Stared at one another in anger and astonishment. a bill just passed would rivet upon their institutions, such a system they felt would not only rob them of their pride of profession, but reduce all u.s. banking to its level. that appeared in june of 1933. the system that caused so much consternation, so much concern, was the federal deposit insurance corporation, also known as the fdic. an institution that has successfully secured the deposits of generations of americans.

Cut, ann kirkpatrick is pushing her colleagues to give back 5% of their salaries, they bring in $174,000 a year and a 5% cut would have them earning a little more than $165,000 a year. the last time congress cut its pay, the great depression, april 1, 1933. it was not an april fool as joke and so far, she rounded up 26 cosponsors for the pay cut bill and will have a ways to go. martha: not a lot of people signing up for that one. it looks like the american automaker is making a come back and we ...