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Who Rules America? (Part 5)

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Uploaded by on Sep 29, 2009

July 1986 http://www.amazon.com/gp/redirect.html?ie=UTF8&location=http%3A%2F%2Fwww....

Watch the full interview: http://thefilmarchived.blogspot.com/2010/08/who-rules-america-interview-with-...

John Fitzgerald "Jack" Kennedy (May 29, 1917 - November 22, 1963), often referred to by his initials JFK, was the 35th President of the United States, serving from 1961 until his assassination in 1963.

After Kennedy's military service as commander of the Motor Torpedo Boat PT-109 during World War II in the South Pacific, his aspirations turned political. With the encouragement and grooming of his father, Joseph P. Kennedy, Sr., Kennedy represented Massachusetts's 11th congressional district in the U.S. House of Representatives from 1947 to 1953 as a Democrat, and served in the U.S. Senate from 1953 until 1960. Kennedy defeated then Vice President and Republican candidate Richard Nixon in the 1960 U.S. presidential election, one of the closest in American history. He was the second-youngest President (after Theodore Roosevelt), the first President born in the 20th century, and the youngest elected to the office, at the age of 43. Kennedy is the first and only Catholic president, and is the only president to have won a Pulitzer Prize. Events during his administration include the Bay of Pigs Invasion, the Cuban Missile Crisis, the building of the Berlin Wall, the Space Race, the African American Civil Rights Movement and early events of the Vietnam War.

Kennedy was assassinated on November 22, 1963, in Dallas, Texas. Lee Harvey Oswald was charged with the crime but was shot and killed two days later by Jack Ruby before he could be put on trial. The FBI, the Warren Commission, and the House Select Committee on Assassinations concluded that Oswald was the assassin, with the HSCA allowing for the probability of conspiracy based on disputed acoustic evidence. The event proved to be an important moment in U.S. history because of its impact on the nation and the ensuing political repercussions. Today, Kennedy continues to rank highly in public opinion ratings of former U.S. presidents.

The New Deal was the name that United States President Franklin D. Roosevelt gave to a complex package of economic programs he effected between 1933 and 1935 with the goals of what historians call the 3 Rs, of giving Relief to the unemployed and badly hurt farmers, Reform of business and financial practices, and promoting Recovery of the economy during the Great Depression.

When Franklin Delano Roosevelt took office on March 4, 1933, the nation was deeply troubled. Every bank in the nation had closed its doors and no one could cash a check or get at their savings. The unemployment rate was 25% and higher in major industrial and mining centers. Farm prices had fallen by 50%. Mortgages were being foreclosed by tens of thousands.

Historians distinguish a "First New Deal" (1933) and a "Second New Deal" (1934-36). Some programs were declared unconstitutional, and others were repealed during World War II; in early 1937 almost no new programs were initiated because of the opposition of the new Conservative Coalition.

The "First New Deal" (March 4, 1933) focused on a variety of different groups; from banking and railroads to industry and farming. The New Deal instituted banking reform laws, work relief programs, agricultural programs, and industrial reform (the National Recovery Administration, NRA), and the end of the gold standard.

A "Second New Deal" in 1934-35 included the Wagner Act to promote labor unions, the Works Progress Administration (WPA) relief program, the Social Security Act, and new programs to aid tenant farmers and migrant workers. The Supreme Court ruled several programs unconstitutional; however, most were soon replaced, with the exception of the NRA. After 1936, the Fair Labor Standards Act of 1938 was the only major legislation; it set maximum hours and minimum wages for most categories of workers.

The WPA, CCC and other relief programs were shut down during World War II by the Conservative Coalition (i.e., the opponents of the New Deal in Congress); they argued the return of full employment made them superfluous. Many regulations were ended during the wave of deregulation from 1975 to 1989. Several New Deal programs remain active, with some still operating under the original names, including the Federal Deposit Insurance Corporation (FDIC), the Federal Crop Insurance Corporation (FCIC), the Federal Housing Administration (FHA), and the Tennessee Valley Authority (TVA). The largest programs still in existence today are the Social Security System, Securities and Exchange Commission (SEC), and Fannie Mae.

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