HolyCoast: FDR's TV Address Following the Stock Market Crash in 1929
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Tuesday, September 23, 2008

FDR's TV Address Following the Stock Market Crash in 1929

Here's another great Joe Biden moment from his interview with Katie Couric (from Politico):
Joe Biden's denunciation of his own campaign's ad to Katie Couric got so much attention last night that another odd note in the interview slipped by.

He was speaking about the role of the White House in a financial crisis.

"When the stock market crashed, Franklin Roosevelt got on the television and didn't just talk about the princes of greed," Biden told Couric. "He said, 'Look, here's what happened.'"

As Reason's Jesse Walker footnotes it: "And if you owned an experimental TV set in 1929, you would have seen him. And you would have said to yourself, 'Who is that guy? What happened to President Hoover?'"

If Biden would have been there he would have called for FDR to get up out of his wheelchair and take a bow.

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