Reckless Banking News Today

Feelings about the banks having done a bad job and screwed up the economy, and people are angry that there has been no accountability for that. i want to play a bit of a great piece of sound, which was -- this comes from franklin roosevelt, and this is his 1936 speech about the banks and the problems he encountered in terms of a political system that had been captured essentially by financial interests and what he had to do to break it. listen to this. >> we have to struggle with the old enemies...

Welcome back to "hardball." weve been debating for an hour now about the choice president obama does face between now and re-election. for guys we now look back to some american presidents and how they positioned themselves when they ran for re-election. both are democrats, different kind of democrats. what kind of lessons can president obama learn from history? and from whom? doug brinkley is a presidential historian and sam townhouse is editor of "the new york times" book review. gentlemen, th...

Welcome back to "hardball." weve been debating for an hour now about the choice president obama does face between now and re-election. for guys we now look back to some american presidents and how they positioned themselves when they ran for re-election. both are democrats, different kind of democrats. what kind of lessons can president obama learn from history and from whom? doug brinkley is a presidential historian and sam tanies is e t editor of the "new york times" book review. lets look at ...

>> president obama described that as a rocky at times relationship between the president and business and fdrs day, he was rather radically understating that rockiness. listen to this. one of the all-time most shocking moments in presidential speech making. this is from 1936. >> we had to struggle with the old enemies of peace, business and financial monopoly, speculation, reckless banking, classism, section alcoholism, war prove tearing. they had begun to consider the government of the united s...

Answered the call to serve their country. >> president obama described that as a rocky at times relationship between the president and business and fdrs day, he was rather radically understating that rockiness. listen to this. one of the all-time most shocking moments in presidential speech making. this is from 1936. >> we had to struggle with the old enemies of peace, business and financial monopoly, speculation, reckless banking, class and taggism, section alcoholism, war prove tearing. they h...

Which instead of twiddling its thumbs has rolled up its sleeves. [ cheers and applause ] >> we will keep our sleeves rolled up. we have to struggle with the old enemies of peace. business and finance and monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. never before in all our history have these forces been so united against one candidate as they stand today. they are unanimous in their hate for me, and i welcome their hatred. [ cheers and applause ] >> t...

Thumbs has rolled up its sleeves. [ cheers and applause ] >> we will keep our sleeves rolled up. we have to struggle with the old enemies of peace. business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. never before in all our history have these forces been so united against one candidate as they stand today.ç they are unanimous in their hate for me, and i welcome their hatred. [ cheers and applause ] >> that is the fdr voice that i ha...