The Great Depression 1 - A job at Ford's

https://www.youtube.com/watch?v=VjH4pCatx0I

Youtube Video https://www.youtube.com/watch?v=VjH4pCatx0I

The Great Depression 1 - A job at Ford's

173,046 views
733 53 Share

https://yt3.ggpht.com/a-/AN66SAzC6F9...ffffff-rj-k-noRoland Yiu
Published on Oct 13, 2012

A Job at Ford's episode 1 (60 min.) Just before the advent of the Great Depression, Henry Ford controlled the most important company in the most important industry in the booming American economy. His offer of high wages in exchange for hard work attracted workers to Detroit, but it began to come apart when Ford hired a private police force to speed up production and spy on employees. After the depression hit in 1929, these workers faced a new, grim reality as unemployment skyrocketed.

https://www.youtube.com/watch?v=7nWJ-A54b2w

Youtube Video https://www.youtube.com/watch?v=7nWJ-A54b2w

The Great Depression 2 - The road to rock bottom

100,603 views
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https://yt3.ggpht.com/a-/AN66SAzC6F9...ffffff-rj-k-noRoland Yiu
Published on Oct 13, 2012

The Road to rock bottom episode 2 (60 min.) As the Great Depression progressed economic collapse took its toll on rural America. Crops went unsold, farm mortgages were called in by banks, hungry farmers protested, and robberies increased dramatically. The U.S. Army was called in to defend the nation's capital from veterans who were demanding that President Hoover and Congress pay a bonus for their services in World War I. The film ends with Franklin Roosevelt's landslide election to the presidency.

https://www.youtube.com/watch?v=a5n4u4cF4Pg

Youtube Video https://www.youtube.com/watch?v=a5n4u4cF4Pg

The Great Depression 3 - New Deal, New York

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587 43 Share

https://yt3.ggpht.com/a-/AN66SAzC6F9...ffffff-rj-k-noRoland Yiu
Published on Oct 13, 2012

New Deal/New York episode 3 (60 min.) In his first one hundred days in office, in a effort to stem the effects of the Great Depression, President Roosevelt created many new federal agencies giving jobs and relief to people and transforming the American landscape with public works projects. Nowhere was this transformation more apparent than in Mayor Fiorello La Guardia's New York City. Together Roosevelt and La Guardia expanded and redefined the role of government in the lives of the American people.

https://www.youtube.com/watch?v=6BcShxauDgk

Youtube Video https://www.youtube.com/watch?v=6BcShxauDgk

The Great Depression 4 - We have a plan

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452 23 Share

https://yt3.ggpht.com/a-/AN66SAzC6F9...ffffff-rj-k-noRoland Yiu
Published on Oct 13, 2012

We have a plan episode 4 (60 min.) By 1934 challenges to the New Deal came from both sides of the political spectrum. In California Socialist Upton Sinclair ran for Governor promising to turn idle land and factories into self-governing cooperatives. Sinclair's campaign ended in defeat, but one year later President Roosevelt's signing of the Social Security Act signaled America's emergence as a modern welfare state.

https://www.youtube.com/watch?v=A4RRf5T-bMM

Youtube Video https://www.youtube.com/watch?v=A4RRf5T-bMM

The Great Depression 5 - Mean things happening

118,966 views
577 35 Share

https://yt3.ggpht.com/a-/AN66SAzC6F9...ffffff-rj-k-noRoland Yiu
Published on Oct 13, 2012

Mean things happening episode 5 (60 min.) In the American democracy of the 1930s two visions of liberty collided as working men and women battled landowners and factory managers for the right to join a union. On the tenant farms and in the steel factories working people asserted their citizenship in the midst of great economic turmoil and a tide of government reform.

https://www.youtube.com/watch?v=MI6Y5vNxCag

Youtube Video https://www.youtube.com/watch?v=MI6Y5vNxCag

The Great Depression 6 - To be somebody

71,348 views
315 24 Share

https://yt3.ggpht.com/a-/AN66SAzC6F9...ffffff-rj-k-noRoland Yiu
Published on Oct 13, 2012

To be somebody episode 6 (60 min.) Many Americans, struggling to survive the Great Depression, were determined to help build a better America through direct action in the courts, in the Congress and in everyday life. At a time when lynchings, segregation, and anti-semitism were commonplace, black heavy-weight champion, Joe Louis became a symbol of national strength. In very different ways Louis and First Lady Eleanor Roosevelt challenged America to live up to its promise of justice and opportunity for people of every race and faith.

https://www.youtube.com/watch?v=nl6lESiR3Os

Youtube Video https://www.youtube.com/watch?v=nl6lESiR3Os

The Great Depression 7 - Arsenal of democracy

64,465 views
268 14 Share

https://yt3.ggpht.com/a-/AN66SAzC6F9...ffffff-rj-k-noRoland Yiu
Published on Oct 13, 2012

Arsenal of democracy episode 7 (60 min.) By 1939 Americans were still struggling to end the Great Depression. Their dreams of peace and prosperity were celebrated at World's Fairs in New York and San Francisco, but prosperity did not come in peacetime. Millions fled the "dust bowl" states to finally find work in new defense industries. While the New Deal changed America forever, it was war that ended the Great Depression.

Some people wonder why we applaud a good economy. We applaud a good economy because our freedom, rights, survival and country are in-separately embedded in a good economy.

“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

We need good times built by strong people who know how to hang on to them.

:)

KEEP THE GOOD TIMES ROLLIN'. VOTE STRONG. VOTE REPUBLICAN IN 2018!!!

https://www.youtube.com/watch?v=gO42ZfCN9ug

Youtube Video https://www.youtube.com/watch?v=gO42ZfCN9ug

https://www.youtube.com/watch?v=bCEJ65H_1XE

Youtube Video https://www.youtube.com/watch?v=bCEJ65H_1XE

history repeats itself

https://www.youtube.com/watch?v=KTW3ABcSZ88

Youtube Video https://www.youtube.com/watch?v=KTW3ABcSZ88

https://www.youtube.com/watch?v=3ofBuTMAtc4&index=2&list=PLgmIAANO zW9j_MRR A507mpo2AEkw_Vu6V

Youtube Video https://www.youtube.com/watch?v=3ofB...7mpo2AEkw_Vu6V

https://www.youtube.com/watch?v=CzdoHqBhcdc&list=PLgmIAANOzW9j_MRRA507 mpo2 AEkw_Vu6V

Youtube Video https://www.youtube.com/watch?v=Czdo...7mpo2AEkw_Vu6V

https://www.youtube.com/watch?v=e-kE3CC2uDc

Youtube Video https://www.youtube.com/watch?v=e-kE3CC2uDc

https://www.youtube.com/watch?v=ObiIp8TKaLs

Youtube Video https://www.youtube.com/watch?v=ObiIp8TKaLs

Milton Friedman Explains the Cause of the Great Depression

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https://yt3.ggpht.com/a-/AN66SAx48LA...ffffff-rj-k-noThe Honest Broker
Published on May 5, 2013

Something very similar happened from late '08-to-present, though the Fed during this period was far more stimulative than the Depression-era Fed. The contemporary Fed is failing to a much lesser extent. Notes: 1. Actually, sticky wages and other prices are the result of market failure, not government. The Federal Reserve failed to counter that market failure during the Depression. 2. M2 has not been a good indicator of or target for monetary policy action in decades. It is critical for central banks to create expectations for higher paths of future NGDP growth to stimulate economies. Hence, the quantity theory of money, or old monetarism, is dead.

https://www.youtube.com/watch?v=y83ZdVJbbyM

Youtube Video https://www.youtube.com/watch?v=y83ZdVJbbyM

Brilliant Milton Friedman Schools Young Bleeding Heart Liberal On Free Markets vs Welfare

6,397 views
163 4 Share

https://yt3.ggpht.com/a-/AN66SAwcH4H...ffffff-rj-k-noIndicrat
Published on Aug 12, 2017

Nobel Laureate Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. With George Stigler and others, Friedman was among the intellectual leaders of the second generation of Chicago price theory, a methodological movement at the University of Chicago's Department of Economics, Law School, and Graduate School of Business from the 1940s onward. Several students and young professors that were recruited or mentored by Friedman at Chicago went on to become leading economists; they include Gary Becker, Robert Fogel, Thomas Sowell, and Robert Lucas, Jr. Friedman's challenges to what he later called "naive Keynesian" theory began with his 1950s reinterpretation of the consumption function. In the 1960s, he became the main advocate opposing Keynesian government policies, and described his approach (along with mainstream economics) as using "Keynesian language and apparatus" yet rejecting its "initial" conclusions. He theorized that there existed a "natural" rate of unemployment, and argued that employment above this rate would cause inflation to accelerate. He argued that the Phillips curve was, in the long run, vertical at the "natural rate" and predicted what would come to be known as stagflation. Friedman promoted an alternative macroeconomic viewpoint known as "monetarism", and argued that a steady, small expansion of the money supply was the preferred policy. His ideas concerning monetary policy, taxation, privatization and deregulation influenced government policies, especially during the 1980s. His monetary theory influenced the Federal Reserve's response to the global financial crisis of 2007–08. Friedman was an advisor to Republican U.S. President Ronald Reagan and Conservative British Prime Minister Margaret Thatcher. His political philosophy extolled the virtues of a free market economic system with minimal intervention. He once stated that his role in eliminating U.S. conscription was his proudest accomplishment. In his 1962 book Capitalism and Freedom, Friedman advocated policies such as a volunteer military, freely floating exchange rates, abolition of medical licenses, a negative income tax, and school vouchers. His support for school choice led him to found the Friedman Foundation for Educational Choice, later renamed EdChoice. Milton Friedman's works include monographs, books, scholarly articles, papers, magazine columns, television programs, and lectures, and cover a broad range of economic topics and public policy issues. His books and essays have had global influence, including in former communist states. A survey of economists ranked Friedman as the second-most popular economist of the twentieth century after John Maynard Keynes, and The Economist described him as "the most influential economist of the second half of the 20th century ... possibly of all of it"

The Fed Is Killing The Economy,Depression Warning Spreading Around The World

Quote:

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Originally Posted by Airbornesapper07

history repeats itself

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Only if you didn't learn from it.

:)

Quote:

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Originally Posted by Judy

Only if you didn't learn from it.

:)

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but its the same organization causing it

Quote:

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Originally Posted by Airbornesapper07

but its the same organization causing it

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Yes, it is, isn't it? Time to pass the FairTax and shut it down.

VOTE REPUBLICAN IN 2018!!!

Here's Why The Next Recession Will Spiral Into A Depression "...you can't get blood

Central Banks Are Frightened Right Now Of 1929 Narrative Shift: Bob Kudla

Ron Paul warns of depression-like conditions 'worse than 1929'...

They are so wrong about a 1929 depression. Absolutely none of the conditions exist that caused that.

The Great Depression of 2019?

Happy new year. Now let's turn our attention to the Great Depression of 2019.

January 1, 2019
By Jeffrey Folks

Happy new year. Now let's turn our attention to the Great Depression of 2019.
Depending on the metric, things are the best they've been since 2000 or even 1968. Employment, consumer confidence, you name it – they're all breaking records. That's why I'm struck by a series of recent articles predicting a massive crash in 2019.
In a CNBC post entitled "US barreling toward recession at faster and faster rate" (October 4, 2018, former representative Ron Paul stated that rising interest rates associated with too much debt would bring about "big changes" in our markets. He was right about the stock market, but so far there's little sign of the economic recession he predicted at the same time. Economic recessions do not always follow from bear markets. In fact, it is difficult to predict a recession, defined as two quarters of negative growth, until it is well underway.
Given the difficulty of predicting a recession, one would think professional economists would be more careful, but many have been far from circumspect. For Professor Robert Schiller, the present market has echoes of the late 1920s, ending in the historic October crash followed by the Great Depression. There is "something of that spirit today," Schiller states.
There are data to support every possible scenario, and it's possible that the gloomsters are right. What's certain is that there will be another recession at some point in the future. Perhaps it will arrive in 2019. The question is, why are liberal economists so eager to predict one? Could it have anything to do with the 2020 presidential election? Would a severe recession in 2019-2020 doom President Trump's chances of re-election? And are the liberal media eager to see this recession come about even at the expense of the American worker?
Kevin Kelleher, writing for Fortune.com, summarizes the view of economists that growth will slow in 2019, then possibly fall into recession in 2020. According to Harvard economist and Clinton treasury secretary Larry Summers, "there's a nearly 50% chance of a recession by 2020." Any chance that Hillary will be running again in 2020 and seizing the moment? Former Clinton aides are certainly loyal.
Heather Long in the Washington Post echoes Summers's opinion: recession in 2020. The New York Times goes farther: "The Next Financial Calamity Is Coming." U.S. debt levels are high, hackers are targeting companies and the society as a whole, and tariffs are slowing trade.
Many on the left are hoping that the predicted "calamity" shows up before the 2020 election, but from what I can see, that looks less and less likely. The most recent GDP report came in with 3.4% growth in the third quarter. Holiday sales were up 5.1% over last year – a strong number. If anything, the economy is too strong: there are not enough qualified workers to fill jobs. So why such agreement, especially among liberal academics, that 2019 and 2020 will be particularly bad? And why the disconnect between academics and media, on the one hand, and nonpartisan economists on the other?
Outside academe, economists offer a healthy forecast for 2019. The Federal Reserve predicts at least three more years of decent economic expansion: growth of 2.3% in 2019, 2% in 2020, and 1.8% in 2021. The IMF predicts global growth at an even faster rate of 3.7% in 2019. The 2020 election is still 22 months away, but those figures suggest that, in the view of the Federal Reserve and the IMF, a recession is not imminent. The liberal media seem to be grasping at straws.
This does not mean that a recession will not occur. One certainly will occur sometime in the future. But if these figures can be trusted, it seems unlikely ahead of the 2020 election. If anything, President Trump will be able to run on four straight years of solid growth.
That does not please the liberal media, so the media are mostly ignoring the careful forecasts of the Federal Reserve and IMF. That in itself would constitute "fake news," but what I see happening is worse than fake news. It is collusion between liberal economists and liberal media attempting to talk the economy down, potentially causing great harm to American workers and retirees, for the sole purpose of denying President Trump a second term.
What's sad is that many on the left seem to be not just predicting, but wishing for a severe downturn. They are counting on a recession in 2019 or 2020, even though it would put millions out of work, depress wages, and shrink savings. Then they would introduce something like Elizabeth Warren's Accountable Capitalism Act – AKA "Socialism Now." Warren's bill would, in effect, nationalize the U.S. economy by forcing large and medium-sized companies to operate under highly onerous charters that transfer control of assets from shareholders to workers, consumers, and government. Small businesses would fall under the same restrictions once they grew to $1 billion in worth – a low bar for fast-growing, successful companies.
Sen. Warren claims that her bill is a valid response to stagnant wages. Doesn't she know that wages stagnated under President Obama, with regulations in place on banks and other industries much like her own proposals, and that they have risen under President Trump, with regulations withdrawn?
I support President Trump because I enjoy seeing hundreds of millions of workers making record amounts of money. I love seeing young people out buying homes and new cars. And I love seeing America winning at home and abroad.
The left doesn't care about these things. Leftists care only about their own power and perks, not about ordinary Americans. That is the reason they are all praying (well, not "praying," exactly) for a Great Depression in 2019. They want America to fail so that a small clique – themselves – can lord it over the chumps of the heartland. They want Trump defeated at all costs. Their hatred of Trump and the voters who elected him is fanatical and vicious, and that's why they are predicting – and hoping for – the Great Depression of 2019.
No one can consistently predict the exact moment at which economic recessions begin. It may be that one will begin in 2019, but recent data show that the expansion that began under President Trump is continuing. The expansion and the bull market that has accompanied it may continue past 2020, or they may not. What's certain is that most of the predictions of catastrophe in 2019 are coming from the left and that they are intended to undercut President Trump's re-election chances in 2020. Without a painful recession that would harm ordinary Americans, the left has less chance of defeating him.
I don't know whether there will be a recession in 2019 or 2020. I follow the Federal Reserve in thinking the economy will continue to expand, though at a slower rate than in 2018. If that's the case, 2019 should be a good year for American workers, and perhaps even for investors. At least we can watch the ball drop, toast the new year, and know we have a president who is business-friendly in his policies. Unlike many on the left, I hope 2019 will be a good year for the economy. The well-being of millions of Americans depends on it.

Jeffrey Folks is the author of many books and articles on American culture including Heartland of the Imagination (2011).

Follow us: @AmericanThinker on Twitter | AmericanThinker on Facebook

https://www.americanthinker.com/arti...n_of_2019.html

We may be in for another decade of big-time prosperity...if a Democrat president doesn't mess it all up.

The Roaring '20s all over again | decade of big-time prosperity if a Dem President