PresidentialPositionsIssuesReceptionTimelineDocuments

Work in progress — cycles are added one at a time. Every quote is machine-verified against an archived source; follow the links to read it.

The RFC and the 'shield of Government credit' saved 5,000 institutions and must continue — but no direct government lending to everyone — Herbert Hoover, 1932

Similar by solution solution · rationale

ScoreCycleCandidateIssuePosition
0.751932John Nance GarnerRegulation of banks and securitiesRFC loans to individuals and corporations generally — 'the Government into personal banking' (the Rainey bill)
0.701932Herbert HooverFarm and home mortgage reliefThe Federal Home Loan Bank system to stop home foreclosures and finance new homes
0.701932Herbert HooverFarm and home mortgage reliefReorganize and enlarge the Federal Land Banks to refinance farm mortgages; curb Joint Stock Land Bank abuses
0.661932Franklin D. RooseveltFarm and home mortgage reliefGovernment assistance to keep home-owners and farm-owners from foreclosure
0.641932Franklin D. RooseveltReorganization of the executive branchConsolidate the seven federal farm-mortgage agencies under a single purpose
0.621932Herbert HooverPublic works as employment policyFederal construction at three times normal and $1.5 billion of RFC loans for self-liquidating works — but no pork-barrel or non-productive projects
0.621932Herbert HooverShort-term and marketing credit for agricultureRestore short-term farm credit through the new agricultural credit corporations, RFC loans to processors and financing of export sales
0.621932Herbert HooverRegulation of banks and securitiesReform the banking laws; stop credit flowing to speculation; relieve depositors of closed banks
0.591932Herbert HooverLevel of federal spendingCut federal spending $1.5 billion below fiscal 1932 and reorganize the executive branch
0.581932Herbert HooverRailroad regulation and consolidationRevise the railway transportation laws for stability, while RFC loans avert receiverships
0.581932Herbert HooverFederal responsibility for reliefRelief through voluntary mobilization and local responsibility, with RFC loans to exhausted states — no federal dole
0.571936Franklin D. RooseveltFarm and home mortgage reliefLow interest rates, sounder home financing, better banking
0.571932Franklin D. RooseveltRegulation of banks and securitiesSeparate investment banking from commercial banks; tighter national-bank supervision; faster payouts to depositors of closed banks
0.561936William LemkeFarm and home mortgage reliefRefinance farm mortgages through the Frazier-Lemke plan (government-issued credit at low interest)
0.551932Norman ThomasPublic ownership of major industriesTransfer the principal industries — banking, natural resources, utilities — to social ownership by compensation, not confiscation
0.541932Norman ThomasFederal responsibility for reliefA $5 billion federal appropriation for immediate relief of those in need
0.541932Franklin D. RooseveltFederal responsibility for reliefFederal leadership in distress relief — federal credit to states whose resources are exhausted
0.531936William LemkePublic control of the central bank and money creation'Drive the money changers out of the temple': public control of money and credit, further inflation of the currency
0.531936Franklin D. RooseveltOld-age pensions and social insuranceBuild on the Social Security Act toward economic security for all
0.531932Franklin D. RooseveltRailroad regulation and consolidationSix-point railroad program — conditional federal support, receivership reform, ICC regulation of trucks and holding companies, consolidation
0.531932Albert C. RitchieFederal responsibility for reliefStates' rights and business-led recovery — no federal intervention in relief
0.531932John Nance GarnerPublic works as employment policyThe Garner-Rainey $1.2 billion public-works bill — and a pledge to reintroduce it
0.531932Franklin D. RooseveltRegulation of securities issuance and exchangesFederal regulation of securities and commodity exchanges, interstate holding companies and interstate utility rates
0.521936Franklin D. RooseveltHow to finance old-age and unemployment insurance (contributory reserve vs. pay-as-you-go)Defense of the payroll-tax financing: the employer pays an equal share and the reserves are safe
0.521932Franklin D. RooseveltRegulation of utility rates and holding companiesEight-point federal utility program: publicity, Federal Power Commission control of holding companies, prudent-investment rate base