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The Crisis of Credit Visualized

The Crisis of Credit Visualized

Franklin Delano Roosevelt -- Commonwealth Club Address Franklin Delano Roosevelt Commonwealth Club Address delivered 23 Sept 1932, San Francisco, CA click for pdf click for flash I count it a privilege to be invited to address the Commonwealth Club. I want to speak not of politics but of government. The issue of government has always been whether individual men and women will have to serve some system of government of economics, or whether a system of government and economics exists to serve individual men and women. The final word belongs to no man; yet we can still believe in change and in progress. When we look about us, we are likely to forget how hard people have worked to win the privilege of government. But the creators of national government were perforce ruthless men. There came a growing feeling that government was conducted for the benefit of a few who thrived unduly at the expense of all. The American colonies were born in this struggle. But Mr. Woodrow Wilson, elected in 1912, saw the situation more clearly. Book/CDs by Michael E.

Money.com Market Report - Sep. 29, 2008 NEW YORK (CNNMoney.com) -- Stocks skidded Monday, with the Dow slumping nearly 778 points, in the biggest single-day point loss ever, after the House rejected the government's $700 billion bank bailout plan. The day's loss knocked out approximately $1.2 trillion in market value, the first post-$1 trillion day ever, according to a drop in the Dow Jones Wilshire 5000, the broadest measure of the stock market. The Dow Jones industrial average (INDU) lost 777.68, surpassing the 684.81 loss on Sept. 17, 2001 - the first trading day after the September 11 attacks. However the 7% decline does not rank among the top 10 percentage declines. The Standard & Poor's 500 (SPX) index lost 8.8%, its seventh worst day ever on a percentage basis and the biggest one-day percentage drop since the crash of '87, when it lost 20.5%. Stocks tumbled ahead of the vote and the selling accelerated on fears that Congress would not be able come up with a fix for nearly frozen credit markets.

Climate Change Threatens Long-Term Sustainability of Great Plains A cool October broke a 16-month streak of above average temperatures across the Lower 48, but temperatures are projected to remain above normal across most of the western half of the country in the coming months. In addition, the latest climate change projections put future temperature gains on the high side of various models. As of November 6, 59.5 percent of the contiguous U.S. was experiencing persistent drought conditions that are most severe in the Great Plains—North and South Dakota, Nebraska, Kansas, Oklahoma, Texas, Montana, Wyoming and Colorado—where drought is expected to persist or intensify in the foreseeable future. On October 17–18 those drought conditions combined with high winds to create a large dust storm across Colorado, Nebraska, Kansas, Oklahoma and Wyoming, closing major highways. To Katharine Hayhoe, professor and director of the Climate Science Center at Texas Tech University in Lubbock, this heralds big changes for agriculture on the Great Plains.

Rugged Individualism by Herbert Hoover Herbert Hoover October 22, 1928 This campaign now draws near to a close. The platforms of the two parties defining principles and offering solutions of various national problems have been presented and are being earnestly considered by our people. After four months’ debate it is not the Republican Party which finds reason for abandonment of any of the principles it has laid down or of the views it has expressed for solution of the problems before the country. In my acceptance speech I endeavored to outline the spirit and ideals with which I would propose to carry that platform into administration. Before I enter upon that discussion of principles I wish to lay before you the proof of progress under Republican rule. First of all, let me deal with the material side. As a nation we came out of the war with great losses. All this progress means far more than greater creature comforts. I do not need to recite more figures and more evidence. I would amplify Mr.

Untitled Document Understanding capitalism with different approaches: Smith, Keynes, and Marx Right<--------- liberal------>left Adam Smith Keynes Marx Adam Smith (1723-1790): As new thoughts or innovations constantly challenged existing authorities, old institutions faced a decline and threats of a new system within society. The phenomenon of the industrial revolution in 18th century brought about not only a new social system in Europe but also a shift in the paradigm in human history. The free market is the market that solely decides wages and prices and does not contain government intervention (“Free Market.”). However, Adam Smith did not consider a class gap between capitalists who hold a lot of power or employers who hold little power. John Keynes (1883-1946): Keynes came along during the Great Depression and pointed out the cause of the economic downfall. At this point, the readers should be aware of two different economic theories under the same system, capitalism. Karl Marx: (1818-1883):

FDR’s Commonwealth Club Address My friends: I count it a privilege to be invited to address the Commonwealth Club. It has stood in the life of this city and state, and it is perhaps accurate to add, the nation, as a group of citizen leaders interested in fundamental problems of government, and chiefly concerned with achievement of progress in government through non-partisan means. The privilege of addressing you, therefore, in the heat of a political campaign, is great. I want to respond to your courtesy in terms consistent with your policy. I want to speak not of politics but of government. I do want to give you, however, a recollection of a long life spent for a large part in public office. The issue of government has always been whether individual men and women will have to serve some system of government of economics, or whether a system of government and economics exists to serve individual men and women. The final word belongs to no man; yet we can still believe in change and in progress. But Mr.

Dorothea Lange's "Migrant Mother" Photographs in the Farm Security Administration Collection: An Overview The photograph that has become known as "Migrant Mother" is one of a series of photographs that Dorothea Lange made of Florence Owens Thompson and her children in February or March of 1936 in Nipomo, California. Lange was concluding a month's trip photographing migratory farm labor around the state for what was then the Resettlement Administration. In 1960, Lange gave this account of the experience: I saw and approached the hungry and desperate mother, as if drawn by a magnet. The images were made using a Graflex camera. There are no known restrictions on the use of Lange's "Migrant Mother" images. Images in the series are as follows (select the small image to view larger versions through the Prints & Photographs Online Catalog): Note: The Library of Congress does not maintain all of the Internet sites listed below. Contemporary Publications in Which "Migrant Mother" Was Featured: "Ragged, Hungry, Broke, Harvest Workers Live in Squaller." Later Publications Discussing "Migrant Mother":

Exploring Contexts: Migrant Mother:Prints and Photographs Division Exploring Contexts: Migrant Mother As suggested in the Researching Images section, awareness of the circumstances surrounding the creation of any given image enriches our interpretation of it. Exploring, however briefly, the multiple contexts surrounding a single, well-known picture vividly illustrates the point that many factors shape the making and meaning of images. The photograph popularly known as “Migrant Mother” has become an icon of the Great Depression. The compelling image of a mother and her children is actually one of a series of photographs that Dorothea Lange made in February or March of 1936 in Nipomo, California. Seeing the photograph in the context of related images, understanding the purpose for which it was made, and knowing something of the photographer's and subject's views of the occasion amplify our perspectives on the image, and, at the same time, suggest that no single meaning can be assigned to it. [Top]

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