Feb 27, 2018
Legally Insane – Episode 22
Most people don’t think about the origins of certain laws. At
some point in history somebody had to be first. Somebody had to
screw up! In this episode we’re going to take you back to The Great
Depression and discuss Franklin Delano Roosevelt’s “New Deal” and
the worst Supreme Court Justice of all time.
- [01:08] – The Great Depression started on October 29th, 1929,
under President Hoover. The stock market crashed and the nations
money supply diminished.
- [02:33] – FDR came into office after Hoover and started “The
New Deal”. This was a series of experimental programs and projects
aimed at reform and relief.
- [06:30] – By 1933 FDR had ended prohibition and signed a number
of bills into action.
- [09:50] – On August 14th 1935 FDR signed the Social Security
Act, which was an insurance program designed to pay workers a
continuous income after retirement at the age of 65.
- [14:24] – By the late 1930’s the Supreme Court was filled with
conservative judges who began striking down some of Roosevelt’s
programs. So, in 1937 FDR announced a plan to add liberal justices
to the court to neutralize the conservatives. This was called “The
Court Packing Scheme”.
- [22:33] – FDR issued an executive order confiscating all gold
coins and bullion.
- [29:33] – The minimum wage was $12.44 a week in 1937.
- [31:18] – James Clark McReynolds, one of the worst Supreme
Court Justices of all time.
- [45:48] – In 1941 the US recovered from the recession because
of Pearl Harbor, not the new deal.