Again holds a prosperity. This land was made for you and me firmt me insert my belief that the only thing we have to fear is, fear itself. Franklin time roosevelt gives his 1933 speech, a quarter of the nation is unemployed. The drought is persisting in key agricultural areas in the country. Faith. Le must have next hour,p in a stories from the Great Depression as we take you around the country to places like toledo. In 1931, 5 of the six largest banks which made it the largest ranking failure of the Great Depression. To successful Infrastructure Projects impacting us today. And to one ending in tragedy. Paul,l take you to st. Where depression era gangsters and the police force struck a bargain. Impact ofplore the new deal programs like the asilian conservation corps we have just outside amarillo, texas. We would not have this year if it was not for the occupation core. Ps. And we will hear about artists who tell details. Feature our cities tour with a trip to toledo, ohio. Toledo was
Now is in the southern section of puget sound, which is the Washington State and Pacific Northwest great inland water. When the Transcontinental Railroad came, there was talk about one day being able to stand puget sound. It was not an undertaking anybody was prepared to do. Federalhe depression programs, like the building of the coulee dam, there were big projects happening in the Pacific Northwest. Mid1930s there was talk about creating a bridge over puget sound. It would reach from tacoma to the kit sap peninsula. This bridge was opened on the first of july in 1940. After two years of construction. Bit of aa narrows is a wind tunnel. People working on the deck began to notice movement. Lifts like airplane wing in the bridge. Almost like Horizontal Movement they began to feel a vertical lift in the bridge, especially in the center span. Bridge,s no suspension anything like this, anywhere in the Pacific Northwest. Unfamiliarity of how a big thing like this was supposed to behave. Peop
1929, the Financial Health of the over and stated stock market plunges into a Great Depression, it grips the world. This land is your land this land is my land from california to the New York Island i want to see my country again holds a prosperity. This land was made for you and me snen send in let me insert my firm belief that the only thing we have to fear is, fear itself. By the time Franklin Roosevelt gives his 1933 speech, almost a quarter of the nation is unemployed. More than 5,000 banks have failed. The drought is persisting in key agricultural areas in the country. People must have faith. Coming up in a next hour, stories from the Great Depression as we take you around the country to places like oledo. In 1931, five of the six largest banks in toledo failed at the same time. Which made it the largest ranking failure of the Great Depression. To successful Infrastructure Projects impacting us today. And to one ending in tragedy. We will take you to st. Paul, where depression er
This construction on hoover dam in 1931. The project employed over 21,000 workers. , one of the largest manmade structures in the world when it opened in 1936. It was completed two years ahead of schedule. Next, 1955 department of the interior film about the planning and the building of hoover dam. The story explains the engineering feat necessary for construction and promotes economic and recreational benefits provided by the structure. In 1930, president herbert hoover, for whom the dam is named, signed the bill to get it started. There was a combine of six Major Construction firms and men and machines went to work to build this dam of on president s its size. A modern Civil Engineering wonder. Reclamation engineers rushed to completion specifications and design drawings. The dam site completed their surveys and investigations. The thunder of mans determination to dock or the Colorado River reverberated canyon the sheer black is construction got underway. The first major task was to
Temperature ne. Nearly every Single Person i knew thought ben bernanke had a bad hand coming into todays fed meeting. The s p falling 1. 2 , so what happened here . How could so many people get this guy wrong, how could people think he had jack high with all this nonsense . Ben threw in his cards when we werent looking, got a whole new hand. The man is not an idey ideologu. The facts changed so bernanke changed his mind, too. He doesnt care that hes going to get hammered for doing so by the same people who hated what hes done for the Housing Market and what hoose done for the stock market and what hes done for unemployment. As bernanke said, he never spelled out what he was going to say anyway, people just put words in his mouth. Think about what what happened when he said they might have to cut the bond market. D did you notice the home builder stocks were all crushed . I think when bernanke indicated it might be time to stop biography bond he didnt recognize central bonds from all ov