what we have i would suggest is the great depression was caused not by capitalism, the great depression wascaused by government . capitalism is going to be ultimately part of the solution, not part of the problem so that meant number one. myth number two is connected. myth number two is this, franklin roosevelt because hoover lost the election of 1932 franklin roosevelt. so the republican is out, the democrat is in, roosevelt and his program was called the new deal. he's going to have a set of programs she's going to use to try to combat the great depression so number two, fdr or franklin roosevelt with his new deal used government effectively to help get the united states out a great depression. franklin roosevelt with his new deal used government effectively to help get the united states out on the great depression. how many of you had that talk to you in school? that's exactly what i had talked to me. and over here, how many of you have that? wow. that is the prominent teaching. there's sometimes and variations. professors will say the new deal may not have completely gotten us out b

but if you realize that government got a sin to the great depression and getting lesson to the great depression and it took a lot of free markets which was not the beginning of the depression because what happens to the soldiers when they come back home. because of the tax rate cuts in the 1940s and the freeing up of the economy, they did have places to work and were out of the great depression in the 1940s and the incentives were put in place for entrepreneurs to invest and invent and expand and were out of the great depression. it's the reverse of the myth. they got a sin to the great depression and capitalism got us out. [applause] let's do one more myth. myth number three, the final one. black americans supported -- let me ask you this. you can about voting. we will get the 13th amendment which will end slavery, the 14th amendment which gives civil rights to black americans and then you have the 15th amendment which gives the vote to box. from 1860s - 1870s with black americans running for office, let me put it this way. from after the civil war roosevelt, about 60 some years, we

or some part of the great depression. capitalism failed, government, through new deal programs, is ready to come to the rescue. franklin roosevelt new deal. when i was writing my book and this is an important subject, i wrote the book new deal or raw deal. and in writing that book i spent a lot of time, about ten years writing it, the longest i've ever spent writing the book. the reason i did so was because i wanted to get this right. i went and asked my fellow history professors and students, too, what do you think was franklin roosevelt's best policy maneuver? what you think was his best program? i would then sometimes say franklin roosevelt failed and that would site program after program that was a failure or that had horrible unintended consequences. and i would say what you think of that? they frankly would say may be, but he did this which was good. and often came back to one particular program, the program which went under the name of the emergency relief and construction act. it was the program that gave food or

which is the 1st great depression we're now in and next great depression and in 1929 through 933 we saw the stock market crash then and the global great depression and what happened we saw a beggar thy neighbor we saw so england i think was the 1st to really do it where they on pegged their currency to gold or devalued against gold and then the rest of the world had to follow and then in the united states we confiscated gold but we introduced the the smoot hawley tariffs and here we have trump you know trying to we're it's on his office on a software we negotiated with china we're not negotiating with china now we have tariffs now like we're raising tariffs so it's all chaos but he tweeted this stream our country has lost stupidly trillions of dollars to china over many years they have stolen our intellectual property at a rate of hundreds of billions of dollars a year and they want to continue i won't let that happen we don't need china and frankly would be far better off without them the vast amounts of money made and stolen by china from the united states year after year for decades

until the great depression started in 1929, it was called the great depression. do we really need to protect the slaves? are they free? can they stand on their own feet? how are you going to enslave people for a quarter of a millennium, 250 years and expect them to stand on their own feet. after a mere 12 years. that's exactly what happened. the southern compromise, presidential elections 1876, was deadlock, in 1877, the compromise, one of the agreements was federal troops, the few remaining troops protecting black people's rights to vote, would be withdrawn and black people would be on their own. and the supreme court was complicit us. 1876, cruikshank decision, and the deathknell, they argue about when it was over, it had a funeral, it was basically a funeral. and a big church in washington, 1883, right after the supreme court said that the civil rights act of 1875, which established a quality, social equality as it was called in, black people could write in streetcars, stay in hotels, etc. the supreme court said that was unconstitutional. frederick douglass, f

ironically gettysburg in the great depression sees unparalleled, unprecedented boom. it's the creation of the modern infrastructure of the park that we see today. gettysburg is going to host two civilian conservation camps. it's the program of roosevelt to put young men to work. ultimately 2 million young men will be ccc employees until the program is terminated. one is at pitzer woods. this is mcmillan woods. gettysburg hosts two camps. other state parks host ccc camps. it's not uncommon. what i found interesting and what does make gettysburg's ccc camps in the 1930s unique is who is working there. those of you up front, if you take a good look at the picture and the individuals in the photo, what do you notice about these ccc workers? they're african-american. now that in itself is not unique particularly. shiloh national military park hosts an african-american ccc camp in the tennessee in the 1930s. gettysburg is different. the enrollees are african-american but gettysburg is going to sign off on a test case that not only are the enrole lees african-american but so

until the great depression starting in 1929, it was called the great depression. they were saying do we need to protect the slaves? aren't they free? can't they stand on their own feet? how are you going to enslave people were a quarter of a millennium and expect them to stand on their own feet after a mere 12 years? but that's what happened. there was a compromise. the presidential election of 1876 was deadlocked. in 1877 the compromise went one of the agreements of the compromise was federal troops would be -- the few remaining federal troops protecting black people's right to vote would be withdrawn, and black people would be on their own. and the supreme court was complicitous. 1876, the decision, and the death now scholars argue about when reconductistruction was ov. black people basically had a funeral in a big church in washington in 1883 right after the supreme court said that the civil rights act of 1875 which established equality, social equality as it was called then. black people could ride in streetcars and stay in hotels, et cetera. supreme court sai

and next hour, the great depression. and who has the article? ok, begin that. everybody read it. all right. we are going to discuss the 1930's. and i have a kind of a cheat sheet for you. and the reason for that is there are so many agencies, alphabet agencies, that came in under fdr that honestly it makes students a little crazy. so i put the most important ones down, and i will give you that sheet, and we will use that as our discussion in the 1930's. ok, we will see you on hursday. this weekend on american history-tv on american artifacts a preview of the 19th amendment preview. >> women in new jersey who were america's first voters beginning in 1776 when new jersey became a state, the new jersey state constitution made no mention of sex when discussing voting qualifications. it only had a property requirement. so women who own enough property, primarily widows and single women, so not all women in new jersey could and did vote in elections at the local state and national level. >> and at 8:00 p.m., on the presidency, author john farrell talks about nixon's early life and care

the great depression. 25% of americans are unemployed. --ad lines, severe economic unprecedented economic plight and now the national park service assumes control of 57 historic sites, including gettysburg. the national park service is not a new agency. just 1916 it has been established, so three years ago .re the national park service commemorated its centennial. but they have not managed historic sites. think about some of the early park service sites. it is yosemite, yellowstone out west, recreational. now they manage historic sites including gettysburg. they get control of over 2000 acres at gettysburg at this time. and unlike today, the national park service did not have a uniform management philosophy. so much of how a park like gettysburg was managed depended on the local superintendent. the man on the left is the first national park service superintendent. his name is james mcconaughey. james mcconaughey is a harvard graduate. he has a degree in landscape architecture. so when mcconaughey comes to gettysburg, his management philos

and then comes, what ends the great depression, not the new deal but the second world war. and, when i was reading through the 1940s, this period of the park, i was wondering how the world war ii generation would use a relay to gettysburg so, in december 7, 1941, the nation is torn from its isolation and the u.s. is going to be propelled into the bloodiest war that the world has ever seen. president roosevelt is going to make use of civil war battlefield when president roosevelt promises that the united states would be an arsenal of democracy he needs scrap metal to produce the liberty ship. where did some of that scrap metal come from? it comes from the civil war battlefield, chickamauga chattanooga they all donate, gettysburg will donate 18 tons, 18 tons of civil war ornaments, monuments, placards, decorative material, cannonballs to the scrap drive by 1942. 18 tons. so, during the second world war when you need scrap to build things like the liberty ship again the federal government looks to gettysburg in the civil war park and begins to disassemble some of their commemo

it was those countries that continued to stay on the gold standard that suffered the great depression. i think the markets are starting to wake up to that. the tariffs are certainly a source of uncertainty, but are they a force great enough to cause a recession? likely not. vonnie: so about that potential recession, where do you see the u.s. consumer, and can it stave off an actual recession in the u.s.? ash: consumer is really strong. you look at the macro numbers that came out last week, retail sales very robust. you look at unit labor costs, they came in at 2.5% month on month. last month was revised up to 5.5%. the u.s. consumer is strong. personal balance sheets are very strong. people have learned their lesson from 2008, where they are not overextended on credit. so a robust view of the consumer, wages are still growing at a clip of 3%, inflation is still around 2%, 1.8%, all tell you that economies are robust from a macroeconomic fundamental vintage point -- fundamental vantage point. guy: should the fed cut rates? if so, by how much? ash: so should the fed cut rates, this is t

look at what he did not help the policy goals the great depression. expand and wonder why he was given more to do. the president needed to make nice with business and a bunch of people that did not like his policies during the great depression. when needed, to bring more production and other elements of society along, he cannot get along with anybody. hopkins could. he proved surprisingly amicable to business adjuster when he was appointed -- he loved telling one with the rich and famous. it was one of the things that kept him close to roosevelt. because he was perfectly at home deal with the president's rich, social cast. even more important, a buoyant lifestyle, fdr who really got involved in any personal lives greedily took in every story hopkins had especially with involved starlets. the president was over the kind of life that others learn for. it was like so many times hopkins -- if not for the gracious generosity of rich friends, paying his gambling debts, he would've had much fewer stories to tell to keep roosevelt enthralled. anyway. there wa

anything during the great depression was more self-imposed for that. >> anymore questions?thank you. [ applause ] >>> we're featuring american history tv programs as what's a review. lectures in history, american artifacts, real america, the civil war, oral histories, the presidency and special event coverage on our nation's history. enjoy american history tv now and every weekend on c-span3. >>> this weekend an american history tv special from fort monroe point comfort virginia. when the first africans arrived in america 400 years ago. our guest saturday is cassandra taking your calls about slavery. an american history tv special from fort monroe point comfort virginia on american history tv on c-span3. >>> next on american history tv, virginia high school teacher becky morrison and irene winchester talk about world war ii and clothes rationing. they explore gov

we had two world wars, a great depression, presidents assassinated, it was an extraordinary 100 yearsbut the market always marches back. ♪ david: in the philanthropic area, you are a philanthropic leader in chicago. what are the areas of interest you have? john: we have been working hard on how to solve the wealth gap in our country between majority and minority communities. there is all of this data that shows how the wealth gap has gotten larger, particularly between african-americans and white americans. we started a small public school over 22 years ago to teach financial literacy in a public school, to get young people prepared to be able to pick their own stocks and navigate their 401k plan and all the things they need to do. we created a program at the university of chicago for minority students to work during the summer in the investment offices of major endowments. david: your parents were prominent leaders in the african-american community in chicago and in the chicago community. when you were growing up or now you live in chicago, do you feel discrimination or have you been

the global great depression was a beggar thy neighbor sort of policy so everybody you know reduce their own currency against gold faster and faster to try to beggar thy neighbor we're seeing the same thing of course with the us dollar i think part of the problem is we can't really go negative we'll see you know. alan greenspan this past week said the u.s. dollar can go negative our treasury bonds can go negative however will that destroy the u.s. dollar as a global reserve currency so europe going negative has kind of beggared by neighbor what trump is responding to i think when he sees them being able to cut rates to negative and in terms of that you know titanic people at the top of the you know the part that's not underwater yet they think everything looks fine and it's hunky dory and they're dry right right so something like 94 percent of all the bonds sovereign bonds that are yielding positive rates of return have a positive yield are the u.s. treasury and u.s. corporate debt even corporate debt in europe is negative 94 percent of bonds that have a positive yield are u.s. bonds so

>> he created this image of robin hood that people during the great depression bought into. >> reportereath, dillinger became the focus of books, more than one museum and, of course, lsvies. but with that also came with conspiracy theories about whether he was really even dead, theories his descendants may be trying to clarify. ils news obtained this permit that gives dillinger's nephew permission to have his body nxhumed and then reburied on september 16. the permit does not give a reason, but the history channel told us it's related to a documentary. 'stistatos thinks there's really ot mystery to this history. >> i think he got gunned down. i think we're going to find that it's him laying under two tons of concrete at crown hill cemetery. spoiler alert, by the way, for everybody watching at home. >> reporter: dillinger's relatives filed an affidavit with indiana officials questioning whether the gangster is actually buried in that grave, and the history channel is looking into it. st while that's interesting, the f.b.i. says there is no doubt it's john dillinger. dean reynolds, cbs ne

and we had two world wars, a great depression, presidents assassinated, it was an extraordinary 100 yearsmarket always marches back. ♪ announcer: the david rubenstein show, "peer-to-peer conversations," is sponsored by wells fargo banking. wells fargo health care banking -- making a difference where it matters. ♪ ♪ david: ok, so now, in the philanthropic area, you are obviously a philanthropic leader in chicago. what are the areas of interest you have in philanthropy? john: well, we have been working how to sort of the idea solve the wealth gap in our country between the minority communities and the majority communities. and you know, there is all of this data that shows how the wealth gap has gotten larger, particularly between african americans and white americans. so we started a small public school over 22 years ago to teach financial literacy in a public school, to get young people prepared to be able to pick their own stocks and be able to navigate their 401k plan and all the things they need to do. most recently, we created a program at the university of chicago for minority studen

anything during the great depression was i think more self-imposed. for that. >> thank you. >> we are featuring american history tv programs as if you view on what's available every weekend.

saw its worst economic downturn since the great depression. here was kellyanne conway earlier this morning. >> it's nice to see the media finally cover the trump economy. you seem to cover it only when you can use the "sesame street" word of the day, recession. you're using a tweet there or a report there or an economist's words here and there. the fact is our economy is very strong and you know it. >> kudlow has a remarkable comically admirable record of being consistently wrong about everything for years. he told "the national review" back in 2007, quote, there is no recession coming. they were wrong. it's not going to happen. take it to the bank. "the washington post" documented last year, kudlow predicted a declining deficit. this year, the rate of growth has actually increased. last year, kudlow predicted gdp would grow between 3% and 4%. since then it's only grown by 2.5%. kudlow gave this let's call it less than reassuring performance on trump tv. >> is your message for the white house now there is no recession coming and we are just ca

. >> the great depression change that. >> the cingulate in small donations. hostedpular entertainer a popular national radio and tv show and a good friend of fdr. >> we could call it the march of dimes. >> we could ask the people to send their times directly to the president of the u.s. >> good evening, ladies and gents. bringing you the hour. i would like to speak with you regarding an important message. the march of dimes will allow you even the children to show our president we are with him. >> two days after this radio address, the white house reported a modest increase in volume. two days after that, the roof fell in. 5000, 30000 and then 150,000 letters. >> the united states government could not clear enough dimes. >> the basic strategy remain the same. >> giving millions of ordinary people a stake in the crusade. by the 1950's, polio was one of the serious communicable diseases among children in the u.s. 50,000 alone, nearly children contracted this disease. thousands were paralyzed and 3000 died. >> the combination of a national leader having a person

we are living in the great depression, this is that, the great depression.ere going backwards, not forward. i don't believe that. raymond arroyo is up next, stay here. >> laura: it's time for are seen and unseen segment where they expose the big pulp, cultural stores of the day. a new grizzly hollywood film could inspire more mass shootings in a congressman doubles down on doxxing his own constituents. joining us with all the details, raymond arroyo, fox news contributor. raymond, there's a new universal film called "the hunt." it sounds like it something that already should have been pulled from production. >> well, the ads have been full stomach full. talk about insensitivity. it's about middle american trump voters who find themselves on a preserve where they are hunted by liberal elites. i wish i were making this up. this week espn refused to error a trailer for the film. according to the hollywood reporter, one character in the movie says "nothing better than going out to the manner and slaughtering a dozen deplorables." this is sort of maze runner. as

during the great depression which are old enough to remember that it was most of the family were working. there wasn't it was bed you know much worse objectively isn't today but there was an expectation that things were going to get better. there was a real sense of hopefulness there isn't today today's america was shaped by the turn principles of concentration of wealth and power. reduced democracy attack solo doubt engineer elections manufacture consent and other principle holds according to no i'm colmes to one set of rules for the rich opposite. that's what happens when you put her into the. narrows of will switch is dedicated to increasing power for chills just as you'd expect one of the most influential intellectuals of our time speaks about the modern civilization of america. play. play. play. play. live. oh. and very well might continue watching on since last. welcome back to the kaiser report i'm ask iser time to return to our conversation with craig camp of the t.f. metals report craig welcome back thanks max j.p. morgan has been caught finally they were spoofing metals markets

anything during the great depression i think was more self- imposed. any more questions? thank you karen for her presentation. cabana for her presentation. [applause] announcer: sunday 9:00 a.m. eastern, a washington journal special calling program looking back at woodstock, the 1969 cultural and musical phenomenon. a historian author of the book the age of great dreams, america and the 1960's joins us to take your calls. >> drugs matter but who takes them and why those drugs have the effect they did in the 60's and 1970's is something that we are still wrestling with as scholars to understand. the technology of drugs. we have people here who are thought long and hard about this. it is imperative as an understanding not just for the 1960's, but for the production of history. what drugs we use for an given. and place have an incredible ability to change a society. announcer: collin to talk with david about the social -- call into talk about woodstock, 50 years, sunday at 9:00 a.m. eastern on c-span's washington journal. also live on american history tv on c-span3. sunday a

>> he created an image of robin hood that people in the great depression bought into. >> he was the focusms and movies. with that came conspiracy theory busy whether he was really even dead. theories his desndants mht be trying to clarify. cbs news obtained this permit giving permission to have his body kpaexhumed and reburied. the history channel told us it is related to a documentary. he thinks there is no mystery to the history. >> americans have a fascination with odd stories and conspiracy theories. wanting to keep lends and myths alive. i think it is him laying under two tons of concrete. spoiler alert for everybody watching at home. >> what the history channel hopes to learn is unclear and the relative of dillinger is not g. dillinger's legend clearly lives on. >> that is the overnight fuse for this thursday. eckac a little ws continues. later for the morning news and cbs this morning. captioning funded by cbs >>> it's thursday, august 1st, 2019. this is the "cbs morning news." >>> fighting the front-runner. democratic presidential candidates come out swinging against joe biden in

starting in 1929 it was called the great depression and they look around saying do we really need to protect these slaves, are they free and can they stand on their own feet, how you can enslave people for a quarter of a millennium. 250 years expect them to stand on their own 2 feet after a mere 12 years but that is exactly what happened. the presidential election of 1876 was deadlocked in 1877 the compromise to one of the agreements of the compromise was federal troops for the few remaining federal troops protecting black people's right to vote would be withdrawn and black people would be on their own. the supreme court was complicit as. 1876, the decision and scholars argue about when reconstruction was over but black people basically had a funeral and a big church in washington 1883, right after the supreme court said that the civil rights act of 1875 which established a quality, social equality, black people could write in streetcars and stay in hotels etc. the sip dream corps says that was unconstitutional richard t greener, the first black graduate all gathered in the church an

anything during world war -- anything during the great depression was i think more self-imposed.ymore questions? >> all right. >> okay. well -- >> thank you. >> -- thank karyn for her presentati presentation. [ applause ] >>> week nights this month we're featuring "american history tv" programs as a preview of what's available every weekend on c-span3. tonight we examine slavery and emancipation. colonial williamsburg is revisiting the roots of its african-american storytelling. "american history tv" was there as former interpreters from the earliest days of the program describep portraying the lives of slaves. see it tonight starting at 8:00 eastern on c-span3 and you can watch "american history tv" this week and every weekend on c-span3. >>> all week we're featuring "american history tv" programs as a preview of what's available every weekend on c-span3. "lectures in history." "american artifacts." "reel america." "the civil war." "oral histories." "the presidency." and special event coverage about our nation's history. enjoy "american history tv" now and every weekend on c-spa

he followed them all the way to the great depression, world war ii and etc. thank you. [applause] >> italy about the way that black women saved, invested, loaned and looked at money to achieve their vision of economic security. individually for themselves and their families and also collectively to support communities of institution building. it looks at what was started in 1903, the first and only thank organized by working women and funded by working women from all over the country. seems churches, cooks, tobacco summers and teachers, working women and it was led by a black woman. the book looks at the challenges that these women face in advancing their vision of economic justice. i acknowledge that vision is essentially american also very distinctive in that it tries to support and highlight the roles of black women, essential economic growth as providers in their families and their communities. i always wanted to write about black women's economic justice, activism because i think it's really essential part of a political history and of movement about social change

because remember 1942, they're just coming out of the great depression. o, am i out of this great state in the u.s. government says no, you can buy something called united states savings stamps. united states savings stamps? yes, this is what you would do, you get yourself a little green book like this. in that little green book, you would place every time you would go and buy u.s. savings stamps, what are you talking about stamps i'm talking about stamps like this. you could get these they would sell these over-the-counter at banks, and other institutions, it's like okay, all i have, is $.10 it's not much and they say that's okay it's enough, because for 10 tends watch this , for $.10, you can go ahead and buy one usa being defense stamps. okay? how does that help? >>it helps because you get this little green book, your stamp book you put the stamp, right in here, maybe you have another stamp 80s to get there, these stamps, watch these stamps are various denominations some of them are $.10 on the dollar, some of them $.50 and you get them, get them, get t

he followed them all the way to the great depression, world war ii and etc. thank you. [applause] >> italy about the way that black women saved, invested, loaned and looked at money to achieve their vision of economic security. individually for themselves and their families and also collectively to support communities of institution building. it looks at what was started in 1903, the first and only thank organized by working women and funded by working women from all over the country. seems churches, cooks, tobacco summers and teachers, working women and it was led by a black woman. the book looks at the challenges that these women face in advancing their vision of economic justice. i acknowledge that vision is essentially americanlso a very distinctive in that it tries to support and highlight the roles of black women, essential economic growth as providers in their families and their communities. i always wanted to write about black women's economic justice, activism because i think it's really essential part of a political history and of movement about social change

bob grew up in the great depression in an apartment without running water. in 1941 at 13, he picked up a basketball for the first time. he devoted himself to this poor -- aoon honed a union unique ability to play equally well with both hands. a unique talent. equal ability with both hands. is it true? >> so so. forgotrump: bob never the lesson his first mentor taught him, don't ever be predictable. hey, i have heard that lesson too. not for basketball but for other things. by this senior year of his high school come he was named captain of the all-american team and he was called the houdini of the hardwood. in 1946, bob enrolled in college of the holy cross enjoyed as a crusader's where he quickly built a large following of fans. in one of the biggest games of his sophomore year, his coach, for whatever reason, then she him. him.nched the team was behind seven points . the fans started going crazy. "we want cousy." the coach had no choice but to and bobinto the game immediately went on to score 12 quick points leading his team to an epic come from behind vic

they endured the great depression.o ask them how they could look back on those days when money was tight, and each worked multiple jobs growing up, just to help out at home. they talked about gathering around the radio for jack benny. he was so funny, my mom would say. good times, my dad would add. my dad said, if you didn't laugh, well, you just cried. so, they laughed and laughed and laughed. now, there is a study out that say it's life's tonic as well. looking at the half full glass actually improves your life, some time extends your life. men and women with the highest levels of optimism also tended to have the highest life spans. the more upbeat in life, the more years you add to your left. up to 15% longer than their grumpier counterparts. the most optimistic women had greater odds of living to 85 or more. there are a lot of variables to this. focusing more on good things than bad things, that's what unites this group. optimistic individuals also tend to make others optimistic as well. it's a good attitude. that

this is the biggest income gap and the biggest wealth gap we have had since the great depression. i say that as often as i can because the second gilded age feels like a lot of fun if you are doing well. there has never been a better time to be in the cities in i say that as often as i can because the second gilded age terms of the culture in museums and food. but even the successful cities have a deep underclass. and other cities are being left behind. that is not what this country is. it is not who we are. when people get scared about redistribution, ioa say, forget about what b -- what is being forget -- forget about what is being taken away, but is the cost to you going around your city and seeing people in cop -- intense -- in tents? something to give people assistance for six months so they can make that rent. that is what is perversely wrong in this moment. i appreciate your voice on the voice of these members to make sure we do not forget there are structural reasons we have a homelessness problem in los angeles. mayor garcetti: thank you. -- rep. green: thank you. rep. wa