FDR Fireside Chat: Backing up the Banking System
Sarah Vowell (during her appearance on the Daily Show a few nights ago,) mentioned that she listens to FDR's fireside speeches on YouTube when she wants reassurance amidst this banking crisis. That seems like a pretty good idea.
"Together, we cannot fail." - FDR
Unlike our grandparents' generation, we are going through this financial crisis in a leadership vacuum; we're bailing out the Titanic after Wall Street CEOs have run off with the lifeboats, food, water and life jackets.
Where is our captain?
"We do not want, and will not have, another epidemic of bank failure." - FDR
Labels: banking, FDR, fireside chats, Great Crash, Great Depression, Wall Street
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