The recent failure of Silicon Valley Bank and federal intervention to protect its previously uninsured accounts has brought renewed focus to Federal Deposit Insurance. Contrary to popular belief, it was not part of the New Deal and was not championed by FDR. (Bill and Rachel)
Bonus episode: Justin from “Well There’s Your Problem” joins Bill in our time machine to travel to the far-distant technologically-advanced United States in 1938, when the US was the global leader in railroad electrification. Subscribe at Patreon.
Description: In 1930, Depression-era Minnesota elected friendly radical and syndicalist Floyd B. Olson as Governor. In 1934, he was forced to declare martial law to protect communist Teamsters from Minneapolis police and business militias. Bill and Rachel discuss.
Description: In 1934, longshoremen along the entire US West coast emerged as a powerful force in organized labor, staging a general strike in San Francisco and unionizing every port on the coast. Kelley, Rachel, and Bill discuss.
Description: In 1934, an army of the unemployed rallied to the defense of a new labor union in one of the hardest-hit cities of the Great Depression, facing down the Ohio National Guard. Bill and Rachel discuss.
Description: Guest expert Sydnee McElroy MD of the “Sawbones” podcast explains the science of vaccines. Bill and Nate look at why government steps in where charity falls short. Persephone on the future of nursing in the United States, by looking at Europe.