Word: roosevelts
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...stumbled onto a street speech by a local spellbinder: Adolf Hitler, two years before the Third Reich came to power. In 1936 Cooke wandered into an alley during Harvard's tricentennial celebration and saw two Secret Service men lean into a limo and lift out the polio-stricken "Franklin Roosevelt, inert as a sack of potatoes." In 1968 he was at the Ambassador Hotel when Robert Kennedy was shot, and filed one of the sharpest, coolest reports ever filed under the pressure of deadline and desperation...
...Obama has said lifting up Detroit is one of his top priorities, but even he might have mixed feelings about throwing his weight around before he takes office. In that respect, the stalemate is a bit reminiscent of the economic crisis Franklin D. Roosevelt faced in 1932 as President-elect, says Brookings Institution historian Stephen Hess. While Roosevelt could have done more to step in, he chose to wait to take office and exercise his full power - making a clean break and effectively laying all the blame on the previous Administration of Herbert Hoover. As Jonathan Alter writes...
...Still, there were two key differences then: Hoover was actually eager to work with Roosevelt, while Bush has little interest in helping Obama push through an auto-industry bailout. Also, Roosevelt's Inauguration was not until March 4, while Obama's is set for Jan. 20. "That was a much longer period in which the Depression and other things went on," Hess says. "So the delay was much more serious. Whatever happens now, they're just postponing things for a few weeks...
...Progressive Era, modern American liberalism was born, in historian Robert Wiebe's words, as a "search for order." America's giant industrial monopolies, the progressives believed, were turning capitalism into a jungle, a wild and lawless place where only the strong and savage survived. By the time Roosevelt took office during the Great Depression, the entire ecosystem appeared to be in a death spiral, with Americans crying out for government to take control. F.D.R. did - juicing the economy with unprecedented amounts of government cash, creating new protections for the unemployed and the elderly, and imposing rules for how industry...
...Obama doesn't have to turn the economy around overnight. After all, Roosevelt hadn't ended the Depression by 1936. Obama just needs modest economic improvement by the time he starts running for re-election and an image as someone relentlessly focused on fixing America's economic woes. In allocating his time in his first months as President, he should remember what voters told exit pollsters they cared about most - 63% said the economy. (No other issue even exceeded...