Honors Blog#2

Dear Mr. President Barack Obama,

I write to you bearing but a few resourceful references or facts that I have collected throughout my research that I have conducted on how to improve the economy of our great nation. I have spent some time reading over what the "final straw" was to boost our country out of a very deep depression between the years, 1933 and 1936 and what I have come up with stems from the New Deal act created by Theodore Delano Roosevelt. First I suggest that we follow suit and close all of the banks in the country so that then one all of the necessary legislation has been passed billions of dollars can flood back into the banks therefore stabilizing Americas banking system.

Now allow me to explain my reasoning thus far. As you know, the Great Depression began with President Herbert Hoover in charge. Because of his lack of ability to handle the situation at hand when the next election came around and the Great Depression was still in full swing, it was not surprising that the senates view swung strongly to the democratic side, the vote for the new president along with it. This resulted in President Theodore Roosevelt becoming elected.

Roosevelt was greatly liked by almost all citizens of the US. He took some great, even debatably risky steps in order to get to the root of the problems in our country back then as to then be able to cure it. He even had his own radio station titled, "Fireside Chats", where he would turn to the people in hopes of having his agenda passed. The word "chat" was even used because it indicated that the President was confident that the US could survive and defeat the Great Depression. They instilled confidence in the government under his leadership.

Since times have indeed changed since the presidency of Theodore Roosevelt, and my proposition of closing the banks for a while and then reopening them to have cash flood through and revive them all may not work, My main advice to you would be to simply get creative like President Roosevelt did. From his radio talk show where he communicated directly with the people, to his closing of all the banks in our country, there were no shortages of risks taking place yet maybe that is all our economy needs today, a leap of faith that just might solve everything.

Sincerely,

Malia Bence

"Climbing Out of the Great Depression." Brad DeLong's Website Home Page. Web. 12 Dec. 2010. .

"Franklin Delano Roosevelt: Great Depression." Lycos. Web. 12 Dec. 2010. .

Erickson, Arthur. "The New Deal: Franklin D. Roosevelt's Solution to the Great Depression."Associated Content from Yahoo! - Associatedcontent.com. Web. 12 Dec. 2010. .

"Fireside Chats." Wikipedia, the Free Encyclopedia. Web. 12 Dec. 2010. .

"The Test : The New Yorker." National and World News, Profiles, Culture, Reviews, Fiction, Poetry : The New Yorker. Web. 12 Dec. 2010. .

"Obama, the Economic Crisis, and the Democrats : The New Yorker." National and World News, Profiles, Culture, Reviews, Fiction, Poetry : The New Yorker. Web. 12 Dec. 2010. .