Tuesday, May 21, 2013

The day America went broke

Subject: The day America went broke


Once upon a time, the US government
closed the doors to every bank in the
nation.

The year was 1933 and it was called
a "bank holiday."

If you needed cash for something, you
were out of luck.

By 1933, over $140 billion in depositors'
money had gone up in smoke because of
banking failures and there was a run on
banks throughout the country that threatened
to bring the whole system down.

Here's what it looked and sounded like
seventy-five years ago.

http://www.brasschecktv.com/page/438.html

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