The Crescent Report

September 21, 2008

Hoover Administration Infamy Revisited?

Filed under: American-Politics — Tags: , , , — Imam Mahdi Bray @ 5:03 am

Main Street Closed

DETOUR to Wall Street: Main Street Closed

President Hoover’s Response to the Stock Market Crash of October 29, 1929.

In times of economic crisis who is responsible for helping those in need? What is the role of the president? The stock market crash of October 29, 1929 symbolized the beginning of the Great Depression in the United States.

“President Bush will be remembered as the Herbert Hoover of the 21st century. This administration chose Wall Street over Main Street,” stated MAS Freedom Director, Mahdi Bray.

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