Can The Government Control A Stock Market Crash?

Stock Market Crash

They camped out on the Mall and in Anacostia Flats throughout the Potomac River whereas Congress debated the matter. The House of Representatives passed a decision authorizing the funds but the Senate blocked it, explaining that the federal government didn’t have a $2 billion surplus readily available (~$38 billion right now). Hoover ordered them evicted, which the police and Army did . Led by Douglas MacArthur, young troopers burned and trampled encampments and turned fire-hoses and tear gasoline on their older veteran counterparts.

Also on Sept. 2, the Dow Jones industrial common topped 29,000, notching its highest close since Feb. 20 that briefly put it within 1.5% of its Feb. 12 document. The blue-chip common is 6.eight% away from its all-time high...

Read More