The Banking Crisis of 1933 was a period in the United States when many banking institutions collapsed under the pressure of excessive loans and a run on the banks. Franklin D. Roosevelt's plan to address the crisis was to inject financial resources into the banking system, protect depositors, and re-establish confidence in the banking system. He later worked to regulate banks through the Glass–Steagall Act and the Securities and Exchange Commission. The goal of these efforts was to prevent another banking crisis in the future and protect the American economy. The Dust Bowl was a period of severe drought that affected the Great Plains region of the United States in the 1930s. It was caused by overgrazing and poor agricultural practices that …show more content…
FDR was talking about the "malefactors of great wealth," a term he created to characterize wealthy businessmen who disagreed with his New Deal policies. The "malefactors of great wealth" perceived the New Deal as a challenge to their authority and a danger to their businesses. They believed that FDR's policies would lead to higher taxes and more government regulation, which they saw as a threat. I'm assuming that the "they" that FDR is referring to are still the "malefactors of great wealth." The programs he is referring to are the New Deal programs that were designed to address the economic crisis and put the country back on track. The New Deal programs included public works projects, Social Security, jobs programs, and bank regulation. During the Great Depression, "Every Man a King" was a popular speech among Americans because it provided a message of hope during a difficult period. During the Great Depression, Huey Long, the populist governor of Louisiana, was a favorite of many Americans struggling during the Depression. Long was an important figure during the Depression because he supported wealth redistribution and opposed