Wednesday, March 3, 2010

Reason 1



Franklin D Roosevelt was the greatest American brought the United States out of the Great Depression. When the stalk market crashed on October 24, 1929 and then within a couple year one-third of the working American class were now unemployed. A year later he was reelected as governor of New York and focused hard on the economy’s down fall. Roosevelt’s state became the first to establish reforms like pensions of the elderly and relief for the unemployed.1932 Roosevelt ran for president and won. On March 4, 1993 after his inauguration his plane was put into action. Committee was set up just two days after he came into power all banks were closed until the banks were deemed sound. This end up setting up FDIC to protect the bank deposes and stopped panic-induced by mathematics and human failures.He put unemployed people to work by have writers write reports and guide books; artist painted murals on government building. The Social Security Act 1935 provided the retired with retirement checks,and benefits for widows, orphans,and needy.Roosevelt brought a hole nation out of finical ruins that's why his is the greatest American.

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