New Deal

TOPICS Newstalgia
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(FDR - taking the right-wing brickbats in stride)

From April 28, 1935, his seventh Fireside Chat since taking office in 1933. FDR took the opportunity to lay out his plans for Social Security and Unemployment Insurance. The Social Security plan hadn't been voted on yet and was about to be introduced, along with a flood of relief and New Deal legislation. In 1935 these were new ideas that hadn't flown before.

FDR: “The program for Social Security that is pending before Congress is a necessary part of the future unemployment policy of the government. While our present and projected expenditures for work relief are fully within the reasonable limits of our national credit resources, it is obvious that we cannot continue to create governmental deficits for that purpose, year after year after year. We must begin now to make provision for the future. And that is why our Social Security Program is an important part of the complete picture. It proposes by means of old age pensions to help those who have reached the age of retirement to give up their jobs, and thus give to the younger generation greater opportunities for work. And to give to all, old and young alike, a feeling of security as they look towards old age. The Unemployment Insurance part of the legislation will not only help to guard the individual in future periods of layoff, against dependence upon relief, but it will by sustaining the purchasing power of the nation, cushion the shock of economic distress.”

Then, as now, any sort of social legislation that involving the common good was viewed with skepticism by the right-wing. This one was no different. Charges of Socialism popped up in the media, not to mention to aborted takeover attempt of the government by business and Wall Street interests in 1934.

FDR had his hands full. But he was able to weather the storm and the pundits and create many Programs that are in place today (although, it should be pointed out that a number of programs, including Social Security have withstood attempts at gutting during the Reagan years). Not listening or caving in to special interests or the hysterics proved to be the wise choice in the long run. The interests of the American people were what concerned him.

Something we could use a bit more of, especially today with the Health Care battle raging.



TOPICS Newstalgia

FDR and the Finger Pointers - 1936

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(FDR - answering the well-upholstered whiners)

During the last few days of the 1936 Presidential campaign, FDR spoke at a rally in Wooster Massachusetts on October 21, 1936, answering Republican charges he mishandled the recovery that pulled the country out of depression. It was a familiar complaint:

FDR:

“Three and a half years ago we declared war on the Depression. And you and I know today that war is being won. But now comes that familiar figure, the well-upholstered hindsight critic. He tells us that out strategy was wrong, that the cost was too great, that something else won the war. That is an argument as old as the remorse of those who had their chance and muffed it.”

You'd think, 73 years later there would be a different story. But no.

I guess the upholstery just doesn't change.


TOPICS Newstalgia

Revamping The Supreme Court - 1937

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(Interior Secretary Harold L. Ickes - Senator Alben W. Barkley - Message bearers)

1937 was the year President Franklin D. Roosevelt issued a bill which would raise the number of Justices sitting on the Supreme Court bench from 9 to 15. He also added mandatory retirement at 70. Since many of the sitting Justices were at or beyond that age, Roosevelt foresaw a wholesale revamping of the court. Critics (among whom were former President Herbert Hoover) were hostile to the bill and its ramifications, calling it "Court Packing" and claiming it would would give FDR limitless power to enact more New Deal legislation.

Nonetheless, FDR set out to establish a series of "Townhalls" which were set up all over the country to get public support of his plan. Cabinet and Senate members who were loyal supporters of FDR and judicial revamping put forth the Presidents case for the bill.

Ickes: “ What have the President’s opponents been able to say to you? The Chief Justice and two other justices, the three averaging the age of 78, have told you that a court of nine judges is more efficient than a court of more than nine judges. But at the same time they serve notice that they would refuse to answer questions which might reveal whether a court of nine judges efficient in torturing the Constitution, might possibly be less desirable to the people of America than a court of more than nine willing to give men, women, children and democracy a chance to live.”

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Heh. Sam Donaldson really smacks down the ever-unctuous (and historically inaccurate) George Will on This Week's roundtable discussion about the teabaggers:

WILL: What this was about, as was the original Boston Tea Party - which was barely about taxes but about Parliament's role in their lives, was a view that we're now in something called the "third wave" of government. You had the expansion of the New Deal, you had the expansion of the Great Society to complete the New Deal, what those people who rallied there were saying this is something different, this third wave is to erase the distinction between the public and private sectors, and that frightens them.

DONALDSON: Oh, they weren't saying that, George. What they were saying is, we don't like Obama. And this is a proxy way to say that. Because it's true, he's going to lower taxes on 95% of the American public, and the rest are going to have higher taxes. You were quite correct, it's not about the level of taxes. Those rallies were mainly, it seems to me, organized to say, "We don't like Obama" across the board.

Peggy Noonan, believe it or not, is the one who more accurately nails the mood as anti-ruling class. Unfortunately, Fox News- and talk-radio voters are invariably under-informed as to the root causes of our economic woes.

Notice that when it comes to conservatives, they always consistently attack the legitimacy of any Democrat who wins the White House. So no Democrat is ever really the President, and should be challenged at every turn! There, wasn't that easy?


TOPICS Newstalgia

FDR Addresses The NEA - 1938

"No nation can meet this changing world unless its people, individually and collectively, grow in ability to understand. Ability to handle the new knowledge, as applied to increasingly intricate human relationships." - FDR June 30, 1938

Pretty much says it all. It was important in 1938. It's more important now. The world has gotten a lot smaller since the day FDR spoke to the NEA convention in 1938. Chalk it up to communication, trade, speed of access. Education has been taking something of a back seat, particularly on the state level lately. It's important to remember ignorance has no upside, and asking questions will inevitably save your ass.

Just my opinion. But I suspect you already know that, otherwise you wouldn't be looking at this right now. Maybe you should tell your friends.


TOPICS Newstalgia

FDR Adresses Congress on its 150th Anniversary - 1939

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March 4, 1939 - the hundred and fiftieth anniversary of the establishment of Congress. Today that would put us at Number 220. A reminder and a history lesson all rolled into one. Something of a miracle, no matter how you look at it.


TOPICS Newstalgia

"That's Mister FDIC to you!"

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Leo T. Crowley (1889-1972) was the second Chairman of the FDR formed Federal Deposit Insurance Corporation (FDIC)). Prior to FDR there was no FDIC - you and your bank were on tenuous ground, and if the bank failed well . . . . .best of luck/don't forget to write if you get work/shut the door on your way out - simple as that.

But Wall Street, the collapse of the banking system and the Depression managed to change all that. And the FDIC came into existence within the first hundred days of the Roosevelt Administration.

As part of a "Meet Your Government" radio series, Crowley gives a little talk/interview in 1939.

Now to be fair, history is not always exciting and cliff-hanging and explosive. It is sometimes, well . . . dull as dirt. BUT it's important to get an idea who some of the players were in the events that more or less changed the course of history. Crowley wasn't a dynamic or emotional speaker. One could say that his vocal approach could be a good cure for insomnia. But it's the words and the ideas that count. And I promise I'll do something a little more high-voltage shortly!

"Creation of the National Banking System, establishment of the Federal Reserve System and similar measures, were all enacted in the interest of safety and stability.

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TOPICS Newstalgia

The New Deal and Economic Recovery - Six Years On

What $5 bought_e6b00.jpg (I can't imagine what it would be like now!)

Six years after FDR took office in his first term, he gave an evaluation of where The New Deal was going and what it had done. In the time (from 1933 to 1939 when this address was given) a number of changes took place, not the least was a Recession in 1937 and various court challenges to the NRA, which eventually put it out of existence. And then there was the issue of "Court Packing" in 1937. A lot going on in a comparatively short period of time

But the bottom line was, the New Deal was working and America was slowly getting back on its feet. There was a war looming in Europe, the dress rehearsal being the Spanish Civil War in 1936. The reminder - then as now, is that recovery isn't an overnight thing, the detractors nay-sayers and illusionists were as prevalent then as now. Further evidence some aspects of history don't change at the drop of a hat or change of a phrase.

(Fiscal Policy Address of May 22, 1939 - excerpt)


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Beltway Bozos: FDR's New Deal Made Great Depression Worse

Oh, to live in that happy place where Fox News resides: where the sun shone out of Ronald Reagan's behind, and FDR, not Hitler, was the real villain of his time...

After Wise Men Mort Kondracke and Fred Barnes pull their chin hairs and speak in somber tones about how Obama's economic stimulus package will actually hurt the economy - just like FDR's New Deal did - they wax rhapsodic over Reaganomics. (After tsk-tsking about unions quite possibly wrecking the economy under Obama, of course.)

I, too, have fond memories of Reaganomics. Why, until Reagan waved his magic wand, our unemployment checks weren't even taxed! I was absolutely thrilled to be able to make that sacrifice to fund tax cuts for the wealthy:

Another Reagan proposal that came in for criticism was the plan to tax all unemployment compensation.

[...] "What he's doing is taxing something to a person who is under a rough time to begin with," noted Herbert Paul, a New York tax lawyer. "But you don't seem to have a strong lobby group to push to eliminate that, so I think it may well stick."

And stick it did. Why, thanks to Reagan's Tax Reform Act of 1986, I only recently finished paying the taxes (and interest) due on unemployment income from 2001 - and here I am, unemployed again, thanks to yet another Republican-sponsored economic crash.

But I digress. The fact is, facts simply aren't relevant to Republicans, since their economic views and objects of veneration are more appropriate to a religious cult than intellectual rigor. (You might want to get Will Bunch's new book for a look at this phenomena - and why it's so important.)

I'm not going to pick apart the specifics of everything Morton Kondracke and Fred Barnes said, because they're only interchangeable players in the larger conservative game plan. We've seen just about every possible Republican bobblehead spouting this same nonsense in the past few weeks, fresh off the RNC talking-points fax machine.

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