Public more than most iii made nominating speech at

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public more than mostiii)made nominating speech at 1928 democratic conventioniv)saw that the stock market crash made Hoover’s presidency vulnerablev)realized in the Depression that welfare was not up to the individual states but rather a national wide issue – idea that national government has responsibility to help people outvi)Brains Trust(1) helped educate FDR on national issues & prepare papersIV) New Deal: Overviewa)underlying ideasi)democratic platform was to balance budget (“we want the removal of government from all private enterprise”), felt most should be under state control & not federal, traditionally conservative views & more mainstreamii)FDR would do just about anything to get elected but general conservative about the budgetiii)FDR carried 42 states & Hoover only 6, republican party majority up until this electioniv)land foundations for welfare state ) some began to believe FDR was a socialist, he thought it was silly & wanted to get slightly into economic planning & get away from laissez-faire v)wanted to allow for free enterprise & protect it – US came out of WWII with a more positive view of the federal governmentvi)alphabet agencies(1) close to 30 governmental agencies but only one with part government ownership – TVA (Tennessee Valley Authority)(2) need to know: AAA, CCC, NRA, & WPAvii)The 3 R’s(1) relief(2) recovery(3) reform – FDIC, Securities & Exchange Commission (SEC)viii)Two New Deals??

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