MARCH 6

This date in history has real relevance to our time. Franklin Delano Roosevelt was inaugurated on March 4, 1933 while the country was in the midst of the Great Depression. The next day, FDR called an emergency session of congress which instituted a mandatory 4-day banking holiday beginning the next day. Federal inspectors were sent into banks to determine if they were financially secure. If they were determined to be insolvent, they were not allowed to reopen until they were reorganized and determined strong enough to survive. The whole object was to increase the country's faith in the U.S. banking system.

The next 12 years saw a great denigration of our rights as citizens, a huge increase in the size and scope of the federal government and a general movement away from our constitution. It took World War II to end the depression, not big government.