1/17/11

It's Martin Luther King Jr. Day! His real name was Michael King. He was famous during the 50's and 60's. Also famous for wanting equality between blacks and whites. Famous speech - I Have a Dream Speech. Today we watched a two minute vid. over the I Have a Dream Speech, and now we're on to blog discussion's again.Social and Psychological Effects - People lost everything - they were embarrassed so some committed suicide. They stopped going to the dentist, doctors, gave up dreams going to colleges and bettering their lives. But movies were successful during this time. People knew how to keep themselves entertained.Hoover's Background - Born and Grew up in West Branch Oregon. Was orphaned because his parents died when he was ten. He was raised by many of his aunts and uncles, stayed in the family. Never finished high school but one of the first people to go Stanford. During colllege he met the love of his life - got married right after colleg - had 2 kids. Went to China and engineered there. While his wife worked in hospitals, he risked his life to save a bunch of chinese kids. Last cabinet director to become president. He wasn't the best president..Hoover's Philosophy - He believed government should not get involved with the economy. He employers to not lay off people or cut wages, but doing this would make the company lose thousands of dollars. He wanted less government - government was gonna stay out of business - better for everyone, according to republicans and Hoover.Bolder Dam Project - He decided he wanted a dam on the colorado river. He was big on spending money on projects. Tax electricity and give money to rich people. 6 companies began building on the dam - started 1931 and ended 5 years latter. A lot of people died making it. But it provided erogation, prevented floods, made electricity, popular to visit, controlled water flow. Known as Hoover Dam.Democrats Win 1930 Congressional Election - Midterm election. Democrats take over. By 1930 people started blaming the democrats for the depression and Hoover told people to calm down and just wait, but it made more people mad. A vote against Hoover and Republicans.Hoover Takes Action - He set up Farm Board - Helped members of it raise crop prices. National Credit Corporation - gave credit to small banks to help them. Help economy - passed bills. Federal Home Loan Bank Act - helped farmers lower payments for their home and farm. Recontruction Finace Corp. - It allowed Congress to give emergancy money to banks and big business. Example of trickle down theory in action. (Trickle down is gov. gives money to big businesses to help smaller ones.)
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