JAMES PICKETT WESBERRY Jr >>>> PERSONAL WEBSITE

VIDEOS of 1st Great Depression 1929 - 39

Introduction to Jim Wesberry
1st SPEECH IN MANILA: Integrity & Honor, Corruption & Dishonor
Personal Information
My Resume
The Top Quartile of Life
WHY I UNRETIRED
LEGENDS: Georgians Who Lived Impossible Dreams
Wesberry v. Sanders, 376 US 1
Why I Quit the Georgia Senate
Contador Benemerito de las Americas (Most Meritorious Accountant of the Americas)
My Credo
Media
Interview about Leadership
DOLLARCRACY ->>>>>>>>>>>>>>>>>>>>>> $$$ vote.........people don't
PONZIS and PIRAMIDES
EFFECT OF 2008 GLOBAL CRISIS (JW presentation in English)
SEGUNDA GRAN DEPRESION 2010 (JW presentaciónes en español)
THE NATIONAL DEBT
CALCULATE YOUR DEBT LIABILITY
Fraud-Corruption-Bribery
Collusion Breaks Internal Controls
ETHICS
Think -------- Pensar
WOMAN -------------- MUJER
Dawn
Message to Garcia - Mensaje a García
THE GREATEST
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Interesting!
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In October 1929 the stock market crashed, wiping out 40 percent of the paper values of common stock. Even after the stock market collapse, however, politicians and industry leaders continued to issue optimistic predictions for the nation's economy. But the Depression deepened, confidence evaporated and many lost their life savings. By 1933 the value of stock on the New York Stock Exchange was less than a fifth of what it had been at its peak in 1929. Business houses closed their doors, factories shut down and banks failed. Farm income fell some 50 percent. By 1932 approximately one out of every four Americans was unemployed.

The core of the problem was the immense disparity between the country's productive capacity and the ability of people to consume. Great innovations in productive techniques during and after the war raised the output of industry beyond the purchasing capacity of U.S. farmers and wage earners. The savings of the wealthy and middle class, increasing far beyond the possibilities of sound investment, had been drawn into frantic speculation in stocks or real estate. The stock market collapse, therefore, had been merely the first of several detonations in which a flimsy structure of speculation had been leveled to the ground.

Here is what things looked like back in the 1930's

The Great Depression: An American Struggle from Chandler Weiner on Vimeo.

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THE NEW HARD TIMES - Finding a Job

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Whenever you find you are on the side of the majority, it is time to pause and reflect --- Mark Twain

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This is a personal website containing personal information and some news and  personal opinions on certain issues affecting democratic governance of interest to me and my friends, associates and seminar participants.
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