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Entries Tagged ‘1920s’

The True Meaning of The Thanksgiving and Christmas

I wish every person in the US would read this.
“Born in the 1920s, both my wife and I grew up during the Great Depression. Thanksgiving was always a time for the greater family, grandparents, aunts and uncles, cousins, parents, and brothers and sisters to gather together for a grand feast. It was really something! [...]

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U.S 1929 Great Depression vs. 2008 financial, housing, credit crisis

Great Depression happened in 1929. It took over 10 years to cure.
Effects of depression:
13 million people became unemployed.
Industrial production fell by nearly 45% between the years 1929 and 1932.
Home-building dropped by 80% between the years 1929 and 1932.
From the years 1929 to 1932, about 5000 banks went out of business.
That’s where when the buyer [...]

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America’s wealthiest should pay for the billion-dollar bailouts

By Senator Bernie Sanders
The current financial crisis facing our country has been caused by the extreme right-wing economic policies pursued by the Bush administration. These policies, which include huge tax breaks for the rich, unfettered free trade and the wholesale deregulation of commerce, have resulted in a massive redistribution of wealth from the middle [...]

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