Word: franklins
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Dates: during 2000-2009
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...biggest disasters.) Goldmanites had no choice but to stick together and look to the long run. The firm's now pilloried entwinement with Washington (some call it Government Sachs) began in those days too, after managing partner Sidney Weinberg made the rare-for-Wall Street move of backing Franklin Roosevelt in 1932. That led to a key role for Weinberg in the World War II industrial-mobilization effort, where he got to know top executives at every major manufacturing firm in the land. After the war, these executives began to reward puny Goldman with business, most notably the giant...
...frequent, bitter strikes and was adopted by Massachusetts in 1912 to cover women and children. With voters seeking a bulwark against the Great Depression, wage-hour legislation was an issue in the 1936 Presidential race. On the campaign trail, a young girl handed a note to one of Franklin Roosevelt's aides asking for help: "I wish you could do something to help us girls," it read. "Up to a few months ago we were getting our minimum pay of $11 a week...Today the 200 of us girls have been cut down...
...have known personally great people, specifically historian John Hope Franklin, federal appellate court judge Damon Keith, and Howard University law professor Patricia Worthy, to have experienced insult at the very height of their careers. The insidious nature of racial presumption is that the offending white person is often unaware of his or her insulting actions and has no deliberate intention to commit a racist act. For Franklin and Keith, the humiliating incidents were not police-related, but they were unfortunately all too common experiences for many black people. Nor have successful black persons been immune from police arrest or harassment...
...idea of our annual making of America issue is to use history to help explain the challenges of the moment. No historical figure does that better than Franklin Delano Roosevelt. This is not a new idea, of course--we did a cover image of President Obama in the guise of F.D.R. back in November. But this week, we dive deeply into F.D.R.'s Administration and discuss what the new President can learn from how F.D.R. dealt with both the Depression and a gathering international storm. As former President Bill Clinton writes in his insightful back-page essay, "Roosevelt...
Proposition 13 was the brainchild of the late Howard Jarvis. The antitax crusader was a policy genius not unlike Franklin D. Roosevelt. Both shared an affinity for designing deep structural change that, once embedded in the political system, is nearly impossible to alter without a massive change of heart by voters. Social Security is the lasting legacy of the New Deal era because F.D.R. understood that workers who contribute payroll-tax deductions from their paychecks would not want politicians tinkering with their retirement dollars. Conservatives have mounted assaults on Social Security through the years but to no avail...