Problems Revealed pre-New Deal |
Protecting
freedom of information |
Bankers -
embezzling |
Banks
failure + result that people feared to deposit money in banks |
Banks
Speculating in stock market |
Gold
Standard |
Stock
Market - Insider trading - Margin buying - Fraud - Public
offering but no required truth ( had private
stock market regulations) |
Business
Not Producing they
are hurting - workers
hurting - market
saturated |
Mortgage home farm |
People on
the edge varied old Okies |
Farmers market saturation they are hurting farm labor is hurting (25% of work
force) |
The problems in the left column are revealed in the
* + (date) =
Alteration
Problems Revealed in Hoovers Administration |
Solutions Attempted in FDRs New Deal |
Protecting freedom of information |
FCC*(1980s)
(1990s) |
Bankers - embezzling |
Combination solution:
Later FDIC *(1980s) |
Banks failure + result that
people feared to deposit money in banks |
|
Banks Speculating in
stock market |
Chinese Wall (sometimes
called a firewall) between banks and their using your money for speculation Glass Steagall
* (1990s) |
Gold Standard |
US off gold standard |
Stock Market -
Insider trading -
Margin buying -
Fraud -
Public
offering but no required truth ( had private
stock market regulations) |
SEC* (1990s) |
Business Not Producing they are hurting - workers hurting - market saturated |
NRA Later
declared unconstitutional
gave workers right to organize
set up standards & codes for business
used symbol blue eagle in store windows PWA
public works, such as Boulder Dam
used steel,
concrete |
Mortgage
home
farm |
Refinancing of both home
and farms FHA |
People on the edge
varied
old
Okies |
Varied:
CCC
Boys/conservation projects
FERA made
work Later WPA labor & build
libraries and schools
Social
Security for aged, orphans, disabled |
Farmers
market
saturation
they are
hurting
farm labor is
hurting (25% of work force) |
AAA
parity to
restore price of prior times
paying not to
grow/plus plow under initially
Helps Big
Farmers most, with tenants and sharecroppers being the ones whose land the
big farmers took out of production
60% income up TVA conservation and
electric power Results in factory jobs and displacement of some people |