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Main Street versus Wall Street - a tale from 1933
The Great Depression - A Diary | 2009 | Benjamin Roth

Posted on 03/24/2010 9:49:50 AM PDT by Samizdat

As I'm reading this book, I came upon this tidbit:

"Political activist Eugene S. Daniell Jr., who later served as a nine-term state representative in New Hampshire, set off two tear-gas bombs near the ventilation system of the New York Stock Exchange in August of 1933 to protest the imbalance of wealth between those on Wall Street and the rest of the country during the Depression. Daniell served thirty days in jail for the disruption."


TOPICS: Business/Economy
KEYWORDS: bookexcerpt

1 posted on 03/24/2010 9:49:50 AM PDT by Samizdat
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To: Samizdat

Hmmmmmm..............


2 posted on 03/24/2010 10:09:44 AM PDT by WVNan (I hate the liberal news corpse..)
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To: WVNan

So 3 years after the stock market crash, it came back up. But people were still out of work and losing their homes. Banks were still closing while the stock market surged. Interesting parallel.


3 posted on 03/24/2010 10:16:50 AM PDT by Samizdat
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To: Samizdat

Four months before I was born.


4 posted on 03/24/2010 10:52:53 AM PDT by WVNan (I hate the liberal news corpse..)
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To: Samizdat

Those who don’t study/know history, are doomed to repeat it. Too many Americans know only sports, entertainment...


5 posted on 03/24/2010 1:33:51 PM PDT by veracious
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