Associated Press
September 24, 2008
Vice presidential candidate Joe Biden says today’s leaders should take a lesson from the history books and follow fellow Democrat Franklin D. Roosevelt’s response to a financial crisis.
“When the stock market crashed, Franklin D. Roosevelt got on the television and didn’t just talk about the, you know, the princes of greed. He said, ‘Look, here’s what happened,’” Barack Obama’s running mate recently told the “CBS Evening News.”
Except, Republican Herbert Hoover was in office when the stock market crashed in October 1929.
FDR was elected three years later when voters denied Hoover a second term. The Democratic challenger appealed to the “forgotten man” by promising a “new deal” to solve the Depression era.
Democrats usually like to remind the public that a Republican was president during the 1929 stock market crash. During the 2004 presidential election, John Kerry’s campaign repeatedly cited Hoover as the last president until George W. Bush to oversee a loss of jobs during his time in office.
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Home » Washington Politics » Biden: FDR Led During Last Crash

September 24th, 2008 at 11:39 am
Well the Democrats have a precedent on the matter to be proud of, and something that represented the opposite of what todays democratic “leadership” represents. To get to the point of were we are today FDR’s Bretton Woods system had to be broken up (fixed exchange rates between nations, gold standard, and it was attached to the physical economy itself) the Glass Steagal Act which banned charter banks from engaging in speculation, something that has long been forgotten. And people also don’t realize that FDR took Wall Street to trial w/ prosecutor Ferdinand Pecora, and was always @ odds w/ the “money changers” and the “economic royalists”.
FDR also believed in a modest foreign policy (good neighbor policy) the Monroe Doctrine, and the Treaty of Westphalia to recognize independent nation states, while he attempted to end colonialism of the British Empire before his untimely death.
Republicans need to heed his advice, and recognize his precedents “Speak not of parties… but of universal principles”
we need someone in the federal government to step up to the plate and use government intervention in regards to the economy for the better right now. Being “traditionally” conservative and having faith in free markets is the almost a religious dogma @ this point in time.
Alexander Hamilton, Henry C. Carey and FDR were federalists, and were very right that the federal government should intervene in such matters, because free markets are manipulated, and there needs to be firewalls in place appropriately.
September 24th, 2008 at 11:45 am
Gee, I did not know that they had tv back then. It just goes to show how out of touch these greedy people are. They do not know history. They make up history as they go. From Al Gore inventing the internet to FDR on tv. Thank God for Alex and others that bring truth to the front.
September 24th, 2008 at 12:13 pm
WOW… COMPLETE AT TOTAL IMCOMPITENCE. NO WONDER THE NWO SELECTS THESE BRAINLESS CANDIDATES. IT’S AN EASY PLAY FOR THEM.
LORD HELP US, MOST OF THE COUNTRY DOESN’T EVEN KNOW WHAT’S GOING ON RIGHT NOW… THEY’RE TOO BUSY WATCHING “DANCING WITH THE STARS”.
September 24th, 2008 at 12:14 pm
My grandfather used to tell me about how his family would sit around the television and watch FDR. And my great-great-grandfather regaled about watching the Lincoln-Douglas debates on TV. Then there’s the footage of Brutus stabbing Caesar, which is even more shocking than Ruby shooting Patsy.
September 24th, 2008 at 12:14 pm
The usual people who started and ran the Money Bombs for both Ron Paul and I believe did for Alex Jones also, are now attempting to run one for a chosen third party candidate if they get enough signed up backers. Now that a candidate seems to have become the most preferred, I recommend going to this website………
http://www.thirdpartyticket.com/
It is called “Third Party Ticket”. This is the central point at this time, even though it was not known that it would be because of Dr. Paul’s Chuck Baldwin endorsement since it started last week, that will get anything as a group that is organized done. Go there and read about it and become part of it. Tnx.
Rhonda
September 24th, 2008 at 12:16 pm
Abbott and Costello, Martin and Lewis, Obama and Biden- another great comedy team! Obama is the straight man.
September 24th, 2008 at 12:38 pm
What I find quite humourous (humorous) is that I’m born and raised and lived in Canada my whole life and know US history better then the guy running for Vice President. The first time any US president appeared on TV was in 1939 and it was FDR. It was at the New York Worlds Fair.
September 24th, 2008 at 12:40 pm
So the Great Depression lasted from 1929 to 1932 and then ended before FDR was around to fix it? Senator Biden obviously made a difficult-to-follow trasition, referring first to the stock market crash, and then to FDR’s response to it which WAS broadcast over television at the World’s Fair. FDR is oft credited with not only leading our nation through the depression that was caused by the stock market crash, AND being the first president to appear on TV.
There is NOTHING incorrect about Biden’s statement, except for the sentax that leads a listener to believe that these two events happened in quick succession.
C’mon, it’s not like he told the people Iraq was responsible for 9/11, or that the fundamentals of our economy are sound while the stock market is in the midst of a crash…
September 24th, 2008 at 12:41 pm
Um, I don’t there there was such a thing as television until about 1949.
September 24th, 2008 at 1:05 pm
#11 does it make sense to say tv wasn’t around until 1949? When Japan attacked Pearl Habour FDR was seen on TV stating that was a “day of infamy”. The first TV image was in 1928 the first time TV was shown to the public was in 1934 in Philly. NBC started network broadcasting in 1939. There were many more TV firsts in 1930’s
September 24th, 2008 at 1:06 pm
How do you know Joe Biden is lying? His lips are moving.
September 24th, 2008 at 1:38 pm
It’s a damn shame that Biden and Obama don’t represent the FDR legacy of the democratic party, which JFK later ran on as well. Just the opposite really, as evident in their “it had to be done” attitude towards the bail out.
Infact Hillary Clinton and Chuck Schumer are the only 2 senators to do anything worth a s---, by proposing revivals of FDR’s measures during the great depression this past weekend. Though of course the Pelosi crowd is rivaling them, and you don’t hear about what Schumer and Clinton did on the media.
I’m not endorsing either senators, but there are varying degrees of corruption, as most senators are, but atleast they give a s--- about the lower 80% of income brackets enough to try to do something for the people.
http://larouchepac.com/news/20.....fight.html
September 24th, 2008 at 1:59 pm
Preferential credit, centralized banking, and FDR’s Hegelian “response” to it, are all Communistic.
Which, upcoming, and greater evil is the AP consensus-building about?
September 24th, 2008 at 2:11 pm
fdr legacy? what freemasonry? who do you think put the all seeing eye we all hate so much on the money, Franklin Delano Roosevelt!
September 24th, 2008 at 2:32 pm
the Democratic Party has always been and always will be a Bourgeoise Party
September 24th, 2008 at 3:06 pm
FDR was just as truly American as any president, freemason or not… not all freemasons are bad, thats the kind of thing that gives conspriacy theories a whole twist of their own. It’s like a fraternity for rich people, he was born into a wealthy family, but always raised not to give a s--- about the wealth, and more about the roots of his family. A picture of Issac Roosevelt hung in his living room in Hyde Park and was the closest allie to Alexander Hamilton whom founded the American System of Economics that influenced Henry C. Carey, Abe Lincoln, and later FDR. FDR even penned a paper while @ Harvard on the American System of Economics, the traitor Aaron Burr, and explicitly told Winston Churchhill during WWII that the British System must be abolished if we’re never to have a world war in the name of globalization or colinialism anymore.
Free Markets and no government intervention is a dogma that sounds nice, but without government protection free markets get turned into fascist states. Government intervention being bad regardless of such, along with big government always being negative is the worst dogma we can have. FDR set many precidents that need to be followed in the name of this country right now.
- Take Wall Street to court (he did it, see Ferdinand Pecora and the Trial of Wall Street)
- set up firewalls such as the Glass Steagal Act, The Bretton Woods system
He ran the New Deal on Federal Credits as proposed by the federalist founding fathers in the height of a crisis, and proved that technoligy, science, and infrastructure technology could all pay for itself in the long run by our mere influence… which is the proposal of The American System which was suposed to serve as the port nation for all, w/ alliences with none… advice he took during the war as well…. outside of Stalin, but he was smart for recognizing the bats--- crazy man for the sake of world peace. He even told Einstein that he wasnt going to drop such a bomb on any country, fearing the consiquences of such in the long run for humanity… then he died… and the anglo file Truman came into office after FDR was forced to drop his VP Henry Wallace.
people need to know real history and not distort it for the fact he was a freemason… the founding fathers were.
September 24th, 2008 at 3:11 pm
FDR even wrote upon his election and becoming the governer or NY that its time the Democratic party in his name claims Lincoln as his own…
For FDR spoke of Universal Principles, not of political parties, which to this day even divides some of the most educated people whom talk politics, and its sad.
Hamilton, Lincoln, Henry C. Carey, McKinley, FDR all knew what the hell they were doing, and what forces they were against.
September 24th, 2008 at 5:10 pm
THERE WAS NO TV BACK THEN. DO BETTER WITH YOUR WRITING AND EDITING. DUH.
September 24th, 2008 at 5:49 pm
Biden needs to correct this error of he will lose all credibility. Credibility? Does he have any?
September 24th, 2008 at 6:00 pm
They are all clueless: Obama, Obiden, McCain and McPalin.
September 24th, 2008 at 6:25 pm
ATTENTION: ALL TRUTHERS… Please go to YOUTUBE and search for a VIDEO called “US MARINES in Iraq Real Footage Warning Graphic”. THERE IS A HUGE DEBATE about 911 and FALSE FLAG TERROR…… MANY MANY Military go here every day. It is an excellent place to wake up SOLDIERS and MARINES. the people who we need to really WAKE UP
There are many govt shills there the main one is -ASONOFUNCLESAM- look for him and give him the facts about 911, Oklahoma, USS LIBERTY etc etc…
PLEASE go to YOUTUBE and search for “US MARINES in Iraq Real Footage Warning Graphic” and help us to wake them up.
Thank you,
September 24th, 2008 at 7:02 pm
Lets do something:
http://www.votenobailout.org/
September 24th, 2008 at 7:22 pm
amen Daren Joseph Lester Says THERE WAS NO TV BACK THEN. DO BETTER WITH YOUR WRITING AND EDITING. DUH. again amen I thought I would be the only one going huh when joe the plagerist biden was being quoted.
September 25th, 2008 at 12:49 am
Preacher Says…..
“LIFE IS SHORT! HEAVEN AND HELL ARE FOREVER.”
If you believe that you will going to heaven or hell,
you have been brain washed by SATAN.
Those who will be going to heaven are the 144k chosen by GOD,
to rule with JESUS while he is watching over his kingdom and the humans that will be inhabiting the earth after judgment day, if you get GOD’s approval.
“HELL IS A FURNACE OF FIRE.”
HELL is not a furnace of fire!!!!!!!!!!!
All hell is, that you and your soul will die and you will not be receive gods gift, which is everlasting life on a paradise earth.
Hell was created by the SATAN to scare human and misled them.
Before you believe in a particular BIBLE, do your research on when and why that particular version of the BIBLE was created.
KING JAMES BIBLE was created in the 14th century, by the catholic church. For thousands of years the catholic church were beheading anyone who believes in, or who is reading, or speaking or even possessing the BIBLE. They saw that they could not stop this, because they were looked at as they were the DEVILs religion for beheading anyone who chose the new religion over their religion. So they had to create there own version of the BIBLE to mislead mankind from the TRUE religion.
The TRUE religion of the loving and peaceful god does not commit murder, does not encourage warfare(Bloodshed). Catholic Church is currently holding 900 million dollars worth of share in CARLYLE GROUP. If you don’t know believe me, google carlyle group and the vatican. Does a religion created from Loving God commit such acts???
The TRUE religion is the one found in the original text. Google both “OLD TESTAMENT” and “NEW TESTAMENT” and you will find the true religion. Choose your religion wisely, just because you were born in a particular religion DOES NOT mean that is the true religion. Do your research first before committing to a religion.
“[They] come to you in sheep’s covering, but inside they are ravenous wolves. By their fruits [or, works] you will recognize them.” (Matthew 7:15, 16)
THESE ARE SOME VERY POWERFUL WORDS,
REMEMBER THEM AND NEVER FORGET THEM…………………
*****Preacher, you might be a Good, Honest and Loving person inside but you have been misled by SATAN. Do some research about the religion you have chosen before it is to late.*****
September 25th, 2008 at 1:19 am
MK ULTRA, DARPA…
AND HABEUS CORPUS….
IS WHAT’S ON THE MIND,
OF THIS LIL DORKUS!
JUST GIVE ME SOME SUPER GLUE,
SO I CAN COM INTACT….
WITH THE ONE AND ONLY…
“JOHN WARNER DEFENSE ACT”
SO LET ME TELL U SOMETHING,
SINCE I HAVE SOMETIME TO SPARE….
I KNOW ALL ABOUT…
“OPERATION URBAN WARFARE”.
AND WHEN I WAS WATCHING SOME GUYS,
FIX CARS UNDER THEIR HOODS…..
THEY KEPT RAMBLIN ON
ABOUT “OPERATION NORTHWOODS”.
I SAID. ” WHAT DOES THAT MEAN?”
WITH ONE HAND ON MY HIP….
ONE GUY STATED, ” f--- ALL OF THAT”
“WHAT ABOUT OPERATION PAPERCLIP?”
SO MUCH TO WORRY ABOUT,
IT MAKES ME WANT TO SCREAM!!!!!
I’M ALREADY PISSED OFF
W/ OPERATION BLUE BEAM….
THINKING OF THESE….
JUST MAKES ME SO MAD…
TO HELL WITH ALL OF THEM,
INCLUDING OPERATION SHAD!!!
THEY FILL ME WITH ANGER,
THEY FILL ME WITH HATE….
AND IT ALL STARTED OFF,
W/ OPERATION STARGATE.
NOT TO MENTION,
OPERATION FALCON….
IN MY HOUSE,
IT IS NOT WELCOME!!!!!!!
SO I LEAVE MY HOUSE…
I SLAM MY DOOR…
I JUST GOT A PHONE CALL.
I LEARNED ABOUT OPERATION LION’S ROAR!!!!!!!!!
I WAS SO MAD….
I BROKE MY f---IN PHONE!!!!!!!!!!!!!!
IT’S JUST ONE AFTER THE OTHER….
LIKE OPERATION BRIMSTONE!!!!!!!!!!!!!
I’M LAUGHIN, I’M CRYIN!!!!!!!!
PLEASE, GET ME A KLEENEX….
SO I CAN RANT AND RAVE ABOUT…
OPERATION PHOENIX.
I RUN FOR THE BATHROOM….
I MUST s--- OUT A TURD….
IT CAME OUT LOOKING LIKE…
OPERATION MOCKINGBIRD!!!!!!
IF U THINK THIS IS FALSE….
OH NO IT IS A FACT…
I’VE BEEN DOING MY RESEARCH
ON OPERATION SUDDEN IMPACT….
JUST BEND ME OVER
SO MY BOOTY CAN GET SMACKED,
WHILE I CHANT THE WORDS…..
POSSE COMITATUS ACT!!!!!!!!!!!!
September 25th, 2008 at 7:37 am
to light and tunnel
First satan has no power to create. if you read your bible, it states that hell was created for satan and his domonic demons By GOD.. Because God is eternal and we are created in his image, which is a spirit but we have a physical body that occupies time. So we are two parts really. spiritual and material.(flesh) So those who reject Christ will spend an eternity in hell. The 144 thousand you mentioned are not the only ones who will be saved. they are the ones who where sealed by God for the end time tribulation period, who will preach the gospel. The word of God says anyone who calls on the name of the Lord and repents of their sins will be saved. And true god does not like murder, read the old testement,filled with violance. Also in psalms it actually states that God hates all those who does wrong and that He is angry every day. Our God is a god of love but his justice is equal to his mercy and love. His justice demands judgement. That’s why Christ was neccesary , to appease god’s justice. god is a consuming fire. poeple need to stop trying to equate god with humanity and their finite thinking. God is infinite and HOLY , he desires pure worship and adoration, because he is worthy to be praised. Don’t make God out to be like you. God is a mystery that will be forever unveiling himself in eternity.
peace and blessings
September 25th, 2008 at 9:33 am
Franklin Roosevelt helped institute nothing positive for the long term social, economic, or political health of this nation. He is one in a long line of patsies for the ‘good old boy’ network. You are seeing the long term effects of failed policies today.
The solution to our ills is like a spoonful of vinegar to an acidic stomach. It burns going down, but the long term outweighs the short term.
If your son or daughter was a drug addict, would you keep giving them money knowing that it was feeding thier habit?
Tighten your belt, take a deep breath, and cut off the head of this beast once and for all time!
If you don’t, your children for many generations will be singing this same tired song. After all, we
taught it to them well just as our parents taught it to us.
INDIVIDUAL RESPONDSIBLILITY – WHAT A CONCEPT!!
September 25th, 2008 at 12:08 pm
It is to late. LET THE REVOLUTION BEGIN BRING THOSE RESPONSIBLE FOR ALL THIS TO JUSTICE OR KILL THEM ON THE SPOT. DO YOU HAVE TO LOOSE YOUR HOUSE, HAVE A STARVING FAMILY, AND NOT BE ABLE TO GET A JOB TO REALIZE THAT IT IS WAY TO LATE TO DO ANYTHING….OH WAIT A MINUTE…..THAT IS ALL READY HAPPENING!!!!!! STUPID!!!!! WAKE UP LET THE REVOLUTION BEGIN!!!!!!
November 3rd, 2008 at 5:04 pm
Hell was created by Satan and he brainwashed people into thinking that there was Hell–that seems false to me. Why would Satan make people think that there was a Hell if he wants them to sin and turn against God? Because don’t most people try not to sin because they don’t want to go to Hell? Just some things to think about.