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Politics : Formerly About Applied Materials
AMAT 322.51+6.1%Feb 6 9:30 AM EST

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To: willcousa who wrote (39470)11/10/2000 6:41:13 PM
From: Richard M. Jimmink  Read Replies (2) of 70976
 
willcousa,
FDR's reign of finance, closed the banks. I lived in Detroit.
All small businesses had their money in the bank. FDR closed the banks and we all went bankrupt.
My Dad lost his business. Ten of thousands of homes were
put on the market for back taxes. No one had the money to buy them!!!! We all paid the taxes when WW II began.
Without the financial fallout from WW II, USA would still be limbo.
American unions CIO and UAW were formed in the 30's, by the Ruether Brothers. The were educated in Communism in Russia in 1929.
FDR created the National Recovery Act ( NRA ) Supreme Court declared it unconstitutional. FDR was mad and gave his Democratic Congress, an ultimatum, increase the size of the Supreme Court from 7 to 9. He lost the 7 man vote 4 to 3.
Every Supreme Court decision that followed, was 5 to 4
in favor of FDR!!!!.
Need I say more.
Dick
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