Page 90 - 1933 News Today

Pages long. the 1933 glass-steagall legislation was only 37 pages long. the dodd-frank bill is 848 pages plus thousands of additional pages of rules. the affordable care act is more than 2,000 pages. bills have become so vast because they are qualified by provisions and exemptions and exceptions put in by the very industry being targeted. a process that academics call regulatory capture. the entire political system creates incentives. consider just one factor and there are many, the role of mone...

With the help of his grandsons wife dot it all went into a book just released. >> anybody else that i talked to. oh, my grandmother is still alive. she tells these stories. i said get them down. if nothing else, tape record them so they arent lost. >> reporter: there are family stories. 75-year love affair he had with his wife dakota. he saw the pretty young lady at a basketball game in north dakota back in 1933. in the book he also shared heartache. the great depression, a businessman at the ti...

Freedom works and author of "backlash." the former chief of staff to joe mansion from west virginia. thanks very much for joining us on a saturday. we appreciate it. >> hi, juliette. >> welcome. >> lets talk about this act. it was enacted in 1933 and it was repealed in 1999. what it essentially does is separates commercial banking from investment banking. in other words, just the regular checking and that type of stuff separated from all of the hedge fund-type activity. this was something that w...

>> a and c. what was b? >> all of the above. >> perfect. >> it was a simpler time and a time when you you couldnt vote? who hit the first homerun in 1933? a, babe ruth, b, hack wilson, three, lou gehrig and dhoolihan. >> babe ruth? >> you got it. he did it in a little place i like to call comiskey, pa. thats where the white sox used to play. it used to be a team. >> this is steal a base, steel a taco. it is very controversial. is steel a taco is baseball euphemism for not paying for a hooker. >>...

Of the risk out of the system. it can help bring down the size of the largest banking institution. dont forget, you said, there was too much concentration in the banking industry in 2008. now here we are in 2013, and the big four are 30% bigger. that puts too much risk back. >> tonight, elizabeth warrens effort to rewrite a very big wrong. in 1933, president roosevelt signed the banking act, better known as the glass/stiegel act. to ensure that a financial crisis like the crash of 1929 could nev...

Working for americans. and those are the big issues that as we have these procedural fights the president, the democrats have to keep reminding people this is what is at stake. otherwise it does look kind of petty and silly and high schoolish. >> and procedure is ultimately about substance. >> david cornyn and e. j.dionne. >> and breaking news from the jury, a statement has just been released from four of the jurors in reaction to juror b-37s high profile media presence. and later in the rewri...

Thats an incredible statistic and something to keep in mind. sometimes we can see wildfires started by thing like fireworks. we do have 4th of july coming up. sometimes by cigarettes not disposed of properly and even by arson. some people do this on purpose. conditions needed for a wildfire, this is what helps it spread: low humidity, strong winds, hot temperatures and dry brush. we do have that dry brush in place. some of the worst wildfires in u.s. history, in 1933 the deadliest wildfire is ac...

Have had to replace their fallen colleagues are battling an unforgiving blaze in near record triple digit temperatures. our dan springer is live in congress, arizona just outside phoenix. dan? >> yeah, shep. this deadly forest fire was sparked by a lightning strike friday afternoon in the nearby town of yarnell the "newsweek" hot shot crew called in sunday afternoon to dig lines and save homes. well, today, a few hours ago, the bodies of those brave men were driven by procession from the fire ar...

For firefighters this is one of the deadliest we have seen in our countrys history. >> reporter: if i think of nine were this is the most deaths of firefighters since 9/11. this is the worst death since 1933 when 35 firefighters are killed in los angeles. we have a picture of this group from 2008. its unclear how many of these members are still in this unit. its an elite unit. these are the guys who go to the front lines to fight these fires with their hands. they do this time and time again. th...

Updating the m updating the mornings breaking news. at least 19 firefighters have been killed battling a fast moving wildfire in central arizona. >> members of an elite group of firefighters called hot shots. marks the single worst loss of life of firefighters, battling a wildfire since 1933. nearly two dozen have been injured. >> now to the other news of the day. in las vegas an investigation under way into the death of a cirque du soleil performer. the woman died late saturday night. >> this...