Page 121 - Fdr News Today

News show. it works if you only have to reach a certain number of people to be a big success in your field. but it doesnt scale it doesnt win elections its why republicans dont win elections. republicans have now as their front runner, not only a guy who will probably be indicted before his campaign even gets moving, but you have a guy who has called for the termination of the united states constitution, his words. his words. he called for the termination of the united states constitution hes no...

Politics just think back. think back to some of the bleakest moments in the 20th century. the great depression, fdr gets sworn in my parents, my grandparents living in rural georgia. my granddad losing his job, four kids, no idea how theyre going to survive fdr gives them hope by saying, the only thing we have to fear is fear itself when people literally didnt know where their next diet byte w -- bite was going to come from. 1980, the economy was an absolute wreck we were still in the middle of ...

Be a debate in congress again about how much to spend on ukraine until that money runs out, which could be way later in the year. this isnt something thats going to come up in the near future likely. >> is the white house worried about this? >> they ought to be. i think their policys been spot on. i think the president has become the leader of the free world that donald trump never was. i think hes been fantastic. but he hasnt sold it enough to the american people. its not too late. the clock is...

Valley bank. in the end they decided they didnt have time to make that sale properly given the risk this thing was going to spread and more banks were going to fail, so they gave up on that over the weekend after initially trying to do that. by sunday, by yesterday sure enough another bank was down, signature bank, which was another bank tied up in the crypto currency shenanigans. so what does this mean first of all, people who put their money into those banks are going to get their money back. ...

Your deposits will be ther when you need them because the actions ar regulators have already taken, every american should feel confident that the deposit will be there, if and when the need them. >> i assure you it safer t keep your money in a reopene bank that under the mattress in other news. the only thing we have to fear is fear itself 90 years apart same message from the president, 90 years apart another bank run and the reason president biden today was able to say you don have to put your ...

To get a hold of it, just a fe weeks after that, fdr signed legislation that created the fdic, the federal deposi insurance corporation, which i exactly what it says if you make deposits of your own money into an american bank, any federal bank that is insured by fdic can guarante you, that the federa government will provid insurance for you deposit. so, no matter what stupid your bank gets up to, no matter wha happens to your stupid bank, the money you deposited is insured. you will be able to ...

After we had that firs inauguration of march 1930 three of fdr, after that, actue united states constitution i order to make that change. and they call that amendment t the constitution, the 20th amendment, they call it th flame duck amendment because by moving th integration from march back to january, we were shortening th lame duck period we were trying to eliminate long lame duck period afte which the old present had been voted out, but before that i would start on the job i mean, the idea w...

Right, you see christophe an barney frank, there it was called barney frank. these were rules signed into law in 2010 that made bank keep acts amount of cash on, x amount of liquid asset, so the can meet the customer demand of the customers all came in t withdraw their money even if a whole bunch of the did it at once the new rules limited th riskiness of what banks coul invest their customers money in, just as fdr explained, when yo deposit money in a bank, it not like they just lock it u in th...

Having another one of those thank you fdr kind of days because wednesday, last week, a bank called silvergate was first to go caput. they went caput on wednesday senator elizabeth warren who became a national public figure at all because of her harz nosed, plain talking explanations and criticism about bad actors in the financial world, elizabeth warren was all over it when silvergate bank collapsed wednesday last week. she said, quote, as the bank of choice for crypto silver bank gates failure ...

Enough, another bank was down, signature bank, which is another bank that was all tied up in the crypto currency -- so, what does this mean? i mean, first of all, people who put their money into those banks are going to get their money back the fdic, thank you fdr, insurers every bank account up to a quarter million dollars and the biden ministration say deposits bigger than a quarter million dollars, those will be covered as well. so, people who deposited their money will be able to get back th...