1929 : The Great Crash.

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1. Narrated by Stewie Griffin. Good call ~.o
2. The US should have followed Hitler's lead and kicked the jews out!
3. What a great docu, the solution from them are horrific tho
4. The market was trying to fix itsself, that is very true
5. isn't that whats happening now? ,Obama printing money ,for over debt
6. hi guys i need some help.i'm italian and i'm trying to add subtitles to this.at 21:14 a man called mitchell enters in the "morgan offices".is this right?or is it molten offices or whatever?
7. Sessue Hayakawa was a US film star in the WW1 years to the mid 20's. He(understandably) disappeared during WW11, till he made Davis Lean's "Bridge On The River Kwai" in 1957. Quite a career.
8. Don't you people ever get tired of listening to commies dictating your history to you ?
9. Easy credit and an idiotic monetary policy. Sound familiar? Welcome to the 21st Century, where every year can be 1929... over and over and over again.
   
   Ain't debt just grand!?!?!?!
10. Ah, yes!  Easy credit, and buying on margin!  Not a whole lot different than the modern-day student loan crisis getting underway (i.e., using borrowed money for something that might or might not pay off in the long run!).  Not to mention, the credit card debt problem!  History is NOT EXACTLY repeating itself; rather, it is simply stuttering over an issue that it obviously refuses to ever address (i.e., TRULY liberating people from fear!).
11. Could you re-upload it and fix the aspect ratio? This is 'really' squished.
12. so what caused the massive sell of the shares?
13. Disappear? Please explain? It only goes, someone who is rich that able to manipulate this gambling so called Stack Market, gets the moneys, and it is happening again in China and soon in all over the world... Please, please don't trust the banks...
14. set speed 2x, works perfectly
15. The only good thing about 10/29/29 is that's my grandmother's birthday. 
16. What is the name of the song in the begining of the video ?
17. hoover was far to the left of mellon
18. Many Nasdaq stocks fell 90% after the 2000 crash. Is it a coincidence that so many things started to happen in quick succession that have changed the world in significant ways? The 1920's Dow was no more a casino than Nasdaq was in the 90's.
19. http://www.veteranstoday.com/2011/06/26/was-world-war-ii-fought-to-make-the-world-safe-for-usury/
    
    Major Clifford Hugh Douglas has stated below that he also favored the payment of a basic income or national dividend to each citizen. This dividend would provide consumers with the additional buying power necessary to absorb all the current production of goods in a non-inflationary manner2.
    
    This way, the depression of 1929 could had been mitigated or even stopped in it's tracks and giving enough time for President Hoover to initiate steps needed to stabilize the U.S economy, which by that time is still a Full-Set Economy wherein everything that Americans are buying and consuming are made in America. But this time it will be harder, what remains of America's heavy industry will have to be used to rebuild America's heavy industrial base back to what it is before 1980 because in the year 1979 everything that the American citizens are buying are made in America and outsourcing is still unheard of, now it has to be stopped AND REVERSED!
    
    During the 1930s Japan rapidly expanded her industrial production, while the rest of the world, with the exception of National Socialist Germany, stagnated. By 1941 Japan had become the leading economic power in East Asia. Her exports were steadily replacing those of America and England.
    Writes Goodson:
    Japan has very few natural resources, so what was the secret of her success? In order to answer this question, it is necessary to return to the year 1929, when one of the twentieth century’s foremost monetary reformers, Major Clifford Hugh Douglas, went on a lecture tour of Japan.
    Douglas’s economic theory advocated the transfer of the money creation process from private banks, which create money out of nothing as an interest-bearing debt, to the state. This government created money he termed social credit. He also favored the payment of a basic income or national dividend to each citizen. This dividend would provide consumers with the additional buying power necessary to absorb all the current production of goods in a non-inflationary manner2.
    
    Major Clifford Hugh Douglas
    Douglas’s financial proposals for an honest money system, based on government creating the nation’s money and credit on an interest-free basis, were enthusiastically received by Japanese industry and government.3
    All Douglas’s books and pamphlets were translated into Japanese, and more copies were sold in that country than in all the rest of the world put together.4
    Since its inception in 1882 the largest shareholder of the Bank of Japan (Nippon Ginko) had been the Japanese Imperial Household. Its reorganization into a state bank, which was administered exclusively for the accomplishment of national interests, was implemented in 1932.
    The reform of the central bank was completed in February 1942 when the Bank of Japan Law was remodelled on the Reichsbank Act of Germany of 1939.
    Goodson continues:
    “The Bank of Japan Law declared that the bank was a special corporation of a strongly national nature. The Bank was ‘to assume the task of controlling currency and finance and supporting and promoting the credit system in conformity with policies of the state to ensure the full use of the nation’s potential’. Further, it was ‘to be managed with the accomplishment of national aims as its sole guiding principle’ (Article 2).
    As for the functions of the Bank, the law abolished the old principle of priority for commercial finance, empowering it to supervise facilities for industrial finance. The law also authorized the Bank to make unlimited advances to the government without security, and to subscribe for and to absorb government bonds.
    
    WW2 Historian, David Irving
    In respect of note-issues the law made permanent the system of the maximum issues limit; thus, the Bank could make unlimited issues to meet the requirements of munitions industries and of the government.
    On the other hand, government supervision of the Bank was markedly strengthened. The government could nominate, superintend and give orders to the president and the directors; there was also a clause giving the government more comprehensive powers to give so-called ‘functional orders’ to the Bank, to direct it to perform any function it deemed necessary for the attainment of the Bank’s purpose.
    Moreover, the law made a wide range of the Bank’s business subject to governmental approval, including such matters as the alteration of Bank rate, note-issues and accounts”.5
    The results of these reforms can be seen in the sustained improvement which took place in the Japanese economy, once the shackles of usury had been removed. During the 1931-41 period, manufacturing output and industrial production increased by 140% and 136% respectively, while national income and Gross National Product (GNP) were up by 241% and 259% respectively.  These remarkable increases exceeded by a wide margin the economic growth of the rest of the industrialized world.
    In the labour market unemployment declined from 5.3% in 1930 to 3.0% in 1938. Industrial disputes decreased with the number of stoppages down from 998 in 1931 to 159 in 1941.
    In contrast to Japan, America had a private, mostly foreign owned central bank, the United States Federal Reserve Bank. Since its establishment on December 23, 1913 under highly suspicious circumstances, this bank had been undermining the US Constitution and destroying the freedom and prosperity of the American people.
    A contemporary indictment of the US Federal Reserve may be found in a quotation from the opening paragraphs of a speech given by the Honorable Louis T. McFadden, Chairman of the House Committee on Banking and Currency (1920-31). It was delivered to Congress on June 10, 1932 to the general acclaim of the members present.
20. As has happened many times before and since, the same stock exchange brokers who screamed that government should get out of the way during good times, went with a begging bowl to the taxpayer when their greed came crashing down. Cupidity seems fundamental to human nature and will always need constraining. Coledge and Hoover were totally inadequate to deal with such a profound crisis. Thankfully FDR was around.