Podcast appearances and mentions of roger babson

In the latest episode of Florida's Fourth Estate, Tony Talcott, the digital producer behind some of the most viral stories on ClickOrlando, takes listeners on a journey through Florida's quirkiest and lesser-known stories. With a knack for uncovering the strange and unusual, Talcott has made a name for himself by finding and sharing these captivating tales. “Florida's history is full of interesting and quirky stories,” Talcott shares during the podcast, reflecting on his passion for these unique discoveries. From towns with odd names to mysterious vigilantes, Talcott delves into the bizarre yet fascinating corners of the Sunshine State. One of the standout stories discussed in the podcast is the origin of Taintsville, a small community in Seminole County. As Talcott explains, “They didn't really feel like they had a lot of identity, so a lot of the folks around there used to joke, ‘Well, we t'aint in Oviedo, and we t'aint in Chuluota.'” This playful origin story, based on the town's location between Oviedo and Chuluota, is a perfect example of the local humor that often defines Florida's communities. Talcott also addresses the infamous myth surrounding loofahs in The Villages, which many believed were being used as a secret code for swingers. “It seems like it was a joke that was made by a drag queen a few years back,” Tony clarifies, debunking the widely spread rumor. Instead, he discovered that the decorations on cars and golf carts were simply a way for elderly residents to find their vehicles in crowded parking lots. In another fascinating revelation, Talcott discusses the mysterious anti-gravity monuments found in Florida. These monuments were commissioned by millionaire Roger Babson, who, according to Tony, “really had a bone to pick with gravity” and blamed it for various societal issues, including the death of his sister. Babson's unique mission to “wage a war on gravity” led him to fund scientific research aimed at overcoming this natural force, resulting in these unusual monuments. The podcast also highlights the story of Ratman, a viral sensation at the University of Central Florida (UCF). As Tony recalls, “There was a viral video online of some guy in a rat costume... stopping a supposed bike thief on the campus.” The video, which was part of a student film project, quickly gained attention, with many students mistaking it for a real-life superhero incident. Talcott's top story, however, is about the hidden “Ginger Ale Spring” near I-4 in Longwood. This spring, which smells of sulfur, was once used by a ginger ale plant. “They thought this was gonna be the next big thing,” says Talcott, but the business never took off, leaving behind this curious relic in the woods. Tony Talcott's dedication to uncovering and sharing these stories has not only entertained but also educated many Floridians. As he puts it, “Finding out other folks like these stories too just makes me super happy.” For those eager to explore more of Florida's hidden gems, Tony's articles and appearances on ClickOrlando are a must-follow. Whether it's the bizarre origins of a town's name or the truth behind urban legends, Tony Talcott continues to shed light on the peculiar and captivating stories that make Florida one of the most interesting places in the world. Learn more about your ad choices. Visit megaphone.fm/adchoices

The world's first parking meter was installed in Oklahoma City on July 16th, 1935. Park-O-Meter No. 1 was the brainchild Carl C. Magee, who'd moved to Oklahoma after being acquitted of manslaughter in New Mexico. Indignant opponents of his system considered paying for parking to be un-American, as it forced drivers to pay what amounted to a tax on their cars without due process of law. In this episode, The Retrospectors uncover the colourful past of another parking meter pioneer, Roger Babson; unpick the financial model still used by POM parking meters to this day; and get all hot-under-the-collar about penalty charges issued 90 years ago… Further Reading: • ‘16 July 1935: the world's first parking meter is installed' (MoneyWeek, 2014): https://moneyweek.com/329940/16-july-1935-the-worlds-first-parking-meter-is-installed • ‘Gravity Research Foundation Monument – Atlanta, Georgia' (Atlas Obscura, 2016): https://www.atlasobscura.com/places/gravity-research-foundation-monument • ‘The im parking meter celebrates 87th anniversary' (CBS Saturday Morning, 2022): https://www.youtube.com/watch?v=0-tB03VCOrw This episode first premiered in 2023, for members of

The interest in anti-gravity by two private investors, Roger Babson and Agnew Banhson, changed the course of general relativity.  Sponsor: Brilliant: https://brilliant.org/TOE for 20% off - Patreon: https://patreon.com/curtjaimungal (early ad-free audio podcasts) - Crypto: https://tinyurl.com/cryptoTOE - PayPal: https://tinyurl.com/paypalTOE - Twitter: https://twitter.com/TOEwithCurt - Discord Invite: https://discord.com/invite/kBcnfNVwqs - iTunes: https://podcasts.apple.com/ca/podcast/better-left-unsaid-with-curt-jaimungal/id1521758802 - Pandora: https://pdora.co/33b9lfP - Spotify: https://open.spotify.com/show/4gL14b92xAErofYQA7bU4e - Subreddit r/TheoriesOfEverything: https://reddit.com/r/theoriesofeverything - TOE Merch: https://tinyurl.com/TOEmerch THANK YOU: Thank you to David Kaiser, Eric Weinstein, Jeremy Rys, David Chester, and Jesse Michels for helping bring this to my attention. LINKS MENTIONED: - The Price of Gravity (Kaiser, Rickles): https://web.mit.edu/dikaiser/www/HSNS4803_03_Kaiser.pdf - Chapel Hill Conference's Report (The Role of Gravitation in Physics): https://edition-open-sources.org/media/sources/5/Sources5.pdf - Behind the scenes of the 1957 Chapel Hill Conference: https://royalsoc.org.au/images/pdf/journal/154-2-Rickles.pdf - Gell-Mann's Shelter Island Notes: https://ncatlab.org/nlab/files/Gell-Mann_ShelterIslandII_1983.pdf - Louis Witten's Recollections (video): https://youtu.be/iH8btReqv4c?t=6448 - Louis Witten speaks to Rickles: https://www.aip.org/history-programs/niels-bohr-library/oral-histories/36985 - Physical Interpretation of Antigravity by Bars: https://arxiv.org/pdf/1511.05128.pdf - Garry Nolan's podcast on TOE: https://youtu.be/g3bk1UXjKLI TIMESTAMPS: 00:00:00 - Roger Babson & Agnew Banhson 00:07:09 - Gravity Research Foundation's "Essay Contest" 00:12:22 - Anti-gravity and Amendments to General Relativity 00:16:43 - Operation Moonwatch and UFOs 00:18:36 - Ed Witten's father (Louis) and Burkhard Heim 00:25:43 - Summary 00:26:32 - Chapel Hill Conference 00:27:58 - Revival of General Relativity (Hawking & Penrose) 00:30:44 - String Theory and the Legacy of Babson & Banhson 00:33:01 - Dean Rickles, David Kaiser, and Other Documentaries CLARIFICATIONS: - Technically it was George S. Trimble who started the RIAS. Witten's supervisor was someone named Welcome Bender. I had this in the original script but it was becoming extortionately bloated with various names, and since Trimble was the CEO of Glenn Martin, I decided to phrase it the way I did in the script. Learn more about your ad choices. Visit megaphone.fm/adchoices

Fundamentals of Prosperity by Roger Babson audiobook. What these principles are and whence they come to us. 'The fact is, we have become crazy over material things. We are looking only at the structure above ground. We are trying to get more smoke from the chimney. We are looking at space instead of service, at profits instead of volume. With our eyes focused on the structure above ground, we have lost sight of those human resources, thrift, imagination, integrity, vision and faith which make the structure possible. I feel that only by the business men can this foundation be strengthened before the inevitable fall comes.' Learn more about your ad choices. Visit megaphone.fm/adchoices

Today is the birthday of Roger Babson, who once hired stonecutters to carve giant motivational slogans into a series of boulders in Massachusetts during the Great Depression. Plus: a research team from Harvard and MIT has announced a new high-tech face mask with disease-spotting biosensors. It can spot germs more or less in real time! Babson's Boulders: A Millionaire's Odd Dogtown Legacy (New England Historical Society) Face masks that can diagnose COVID-19 (Harvard) Our Patreon backers keep us thinking positive every day! --- Send in a voice message: https://anchor.fm/coolweirdawesome/message

Roger Babson se hizo de una enorme fortuna gracias a su habilidad para predecir el mercado financiero. Después de dominar las finanzas decidió enfocarse en derrotar a su némesis: la gravedad. Síguenos y visita nuestro sitio oficial: instagram.com/eldollop twitter.com/eldollop facebook.com/eldolloppodcast eldollop.com/

This week Shane Mauss is our guest and we get into his deep dive with psychedelic drugs that temporarily drove him to lose the plot while also discussing the bad science of nose-perv Wilhelm Fliess, the discovery of the x-ray, gravity-hater Roger Babson, and eugenics moron Sir Francis Dalton. Learn more about your ad choices. Visit megaphone.fm/adchoices

Consider this from Katharine Butler Hathaway, "If you let fear of consequence prevent you from following your deepest instinct, then your life will be safe, expedient and thin." The implication here is that fear of consequence is pretty normal; so having some, or maybe even a lot, isn't that much of a big deal. The big deal is having a life that is safe, expedient, and thin. What the problem with this actually is remains hidden; so you are simply expected to intuit it, it seems. The rub is that you have little faith in your abilities and less faith in your basic grasp or understanding of situations or circumstances. Since you don't believe that you can trust your judgment or instinct, you don't take a chance on yourself. You likewise don't have much faith in your ability to anticipate or predict the behavior of other people. Your belief is that you cannot predict if a specific action of yours will lead to good or bad outcomes. Usually, you think the likely outcome of following your judgment will be bad. You don't trust yourself and feel that any errors or mistakes you might make will likely be just another example of your screwing up. Given that reality, a life that is safe, expedient, and thin sounds like a reasonable alternative. There is a potential glitch in going with the safe alternative, though. Brooke Foss Westcott described it this way, "Silently and imperceptibly, as we wake or sleep, we grow strong or we grow weak, and at last some crisis shows us what we have become." Fortunately, Eleanor Roosevelt suggested another alternative that you may want to consider. "I believe that anyone can conquer fear by doing the things he fears to do, provided he keeps doing them until he gets a record of successful experiences behind him." Sure, conquering fear sounds good in theory; but it's certainly easier said than done. As you weigh your choices, Glenn Turner's point deserves your attention, "Worrying is like a rocking chair: it gives you something to do, but it doesn't get you anywhere." Ruth Gordon also joined the fear fighters, "Courage is like a muscle; it is strengthened by use;" and as you might have expected, the famous Anon. added a tidbit as well, "The mighty oak was once a little nut that stood its ground." Since the Fear vs. Safe debate can't be resolved here, another thought or two will be enough for now. Haddon W. Robinson said, "What worries you, masters you;" and Roger Babson said, "If things go wrong, don't go with them." There you go. Do what you need to do, when you need to do it; and while you're at it, adopt the Charlie Brown philosophy for fear management, "I've developed a new philosophy … I only dread one day at a time." Now you know so there you go.

Consider this from Katharine Butler Hathaway, "If you let fear of consequence prevent you from following your deepest instinct, then your life will be safe, expedient and thin." The implication here is that fear of consequence is pretty normal; so having some, or maybe even a lot, isn't that much of a big deal. The big deal is having a life that is safe, expedient, and thin. What the problem with this actually is remains hidden; so you are simply expected to intuit it, it seems. The rub is that you have little faith in your abilities and less faith in your basic grasp or understanding of situations or circumstances. Since you don't believe that you can trust your judgment or instinct, you don't take a chance on yourself. You likewise don't have much faith in your ability to anticipate or predict the behavior of other people. Your belief is that you cannot predict if a specific action of yours will lead to good or bad outcomes. Usually, you think the likely outcome of following your judgment will be bad. You don't trust yourself and feel that any errors or mistakes you might make will likely be just another example of your screwing up. Given that reality, a life that is safe, expedient, and thin sounds like a reasonable alternative. There is a potential glitch in going with the safe alternative, though. Brooke Foss Westcott described it this way, "Silently and imperceptibly, as we wake or sleep, we grow strong or we grow weak, and at last some crisis shows us what we have become." Fortunately, Eleanor Roosevelt suggested another alternative that you may want to consider. "I believe that anyone can conquer fear by doing the things he fears to do, provided he keeps doing them until he gets a record of successful experiences behind him." Sure, conquering fear sounds good in theory; but it's certainly easier said than done. As you weigh your choices, Glenn Turner's point deserves your attention, "Worrying is like a rocking chair: it gives you something to do, but it doesn't get you anywhere." Ruth Gordon also joined the fear fighters, "Courage is like a muscle; it is strengthened by use;" and as you might have expected, the famous Anon. added a tidbit as well, "The mighty oak was once a little nut that stood its ground." Since the Fear vs. Safe debate can't be resolved here, another thought or two will be enough for now. Haddon W. Robinson said, "What worries you, masters you;" and Roger Babson said, "If things go wrong, don't go with them." There you go. Do what you need to do, when you need to do it; and while you're at it, adopt the Charlie Brown philosophy for fear management, "I've developed a new philosophy … I only dread one day at a time." Now you know so there you go.

Consider this from Katharine Butler Hathaway, "If you let fear of consequence prevent you from following your deepest instinct, then your life will be safe, expedient and thin." The implication here is that fear of consequence is pretty normal; so having some, or maybe even a lot, isn't that much of a big deal. The big deal is having a life that is safe, expedient, and thin. What the problem with this actually is remains hidden; so you are simply expected to intuit it, it seems. The rub is that you have little faith in your abilities and less faith in your basic grasp or understanding of situations or circumstances. Since you don't believe that you can trust your judgment or instinct, you don't take a chance on yourself. You likewise don't have much faith in your ability to anticipate or predict the behavior of other people. Your belief is that you cannot predict if a specific action of yours will lead to good or bad outcomes. Usually, you think the likely outcome of following your judgment will be bad. You don't trust yourself and feel that any errors or mistakes you might make will likely be just another example of your screwing up. Given that reality, a life that is safe, expedient, and thin sounds like a reasonable alternative. There is a potential glitch in going with the safe alternative, though. Brooke Foss Westcott described it this way, "Silently and imperceptibly, as we wake or sleep, we grow strong or we grow weak, and at last some crisis shows us what we have become." Fortunately, Eleanor Roosevelt suggested another alternative that you may want to consider. "I believe that anyone can conquer fear by doing the things he fears to do, provided he keeps doing them until he gets a record of successful experiences behind him." Sure, conquering fear sounds good in theory; but it's certainly easier said than done. As you weigh your choices, Glenn Turner's point deserves your attention, "Worrying is like a rocking chair: it gives you something to do, but it doesn't get you anywhere." Ruth Gordon also joined the fear fighters, "Courage is like a muscle; it is strengthened by use;" and as you might have expected, the famous Anon. added a tidbit as well, "The mighty oak was once a little nut that stood its ground." Since the Fear vs. Safe debate can't be resolved here, another thought or two will be enough for now. Haddon W. Robinson said, "What worries you, masters you;" and Roger Babson said, "If things go wrong, don't go with them." There you go. Do what you need to do, when you need to do it; and while you're at it, adopt the Charlie Brown philosophy for fear management, "I've developed a new philosophy … I only dread one day at a time." Now you know so there you go.

Jason, with 178 days since his last drink, shares his story... “What lies behind us and what lies before us are tiny matters compared to what lies within us.” – Ralph Waldo Emerson   “Success is the sum of small efforts, repeated day in and day out.” – Robert Collier   “It’s difficult to believe in yourself because the idea of self is an artificial construction. You are, in fact, part of the glorious oneness of the universe. Everything beautiful in the world is within you.” – Russell Brand   “When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.” – Henry Ford   “If we are facing in the right direction, all we have to do is keep on walking.” – Zen proverb   “It is not easy to find happiness in ourselves, and it is not possible to find it elsewhere.” – Agnes Repplier   “If things go wrong, don’t go with them.” – Roger Babson   “Recovery is not for people who need it, but for people who want it” – Anonymous   “When the past calls, let it go to voicemail. Believe me, it has nothing new to say.” – Unknown   “The greatest mistake you can make in life is to continually be afraid you will make one.” – Elbert Hubbard   “If you can quit for a day, you can quit for a lifetime.” – Benjamin Alire Sáenz   “Be yourself; everyone else is already taken.” – Oscar Wilde   “I have learned over the years that when one’s mind is made up, this diminishes fear.” – Rosa Parks   “When was the last time you woke up and wished you’d had just one more drink the night before? I have never regretted not drinking. Say this to yourself, and you’ll get through anything.” – Meredith Bell   “The Pain you feel today is the strength you feel tomorrow” – Anonymous   “The best way out is always through.” – Robert Frost   “Your heart is leading you in the right direction. Quiet the mind and follow. “ – Paul Churchill   “Every strike brings me closer to the next home run.” – Babe Ruth   “Happiness is where we find it, but rarely where we seek it.” – J. Petit Senn   “Man never made any material as resilient as the human spirit.” – Bernard Williams “What is addiction, really? It is a sign, a signal, a symptom of distress. It is a language that tells us about a plight that must be understood.” – Alice Miller   SHOW NOTES   [11:50] Paul Introduces Jason. Jason is 46-year-old social worker from Connecticut  He's married with two children.  He likes the outdoors, soccer, kayaking, fishing,and hiking.    [14:00] Give listeners an idea of your drinking background. He started drinking in high school.  It escalated when he went into the navy.  After the navy, his drinking settled into a regular pattern which slowly escalated as well.  In mid 30's his drinking started to feel like it was getting to be a problem.  He had a previous 5 year period of sobriety.  He was trying to be health conscious.  He has heart disease in his family.  He tried to stay on top of it.  Around 38, his physical wasn't so great.  He was referred to a cardiologist.  He thought cutting alcohol out would improve his health.  He stopped on NYE of 2010.  He felt a lot better so he kept going.  He did not work a program.  He was hung up on the stigma of being an alcoholic.  He thought that after 5 years he didn't have a problem, and he was feeling healthy and he thought that maybe he could be a normal drinker again.  After relapse, he kept it under control for a while, but shortly thereafter it started escalating again quickly and he began to fall back into the same patterns.  He had a difficult summer, drinking most days, and he realized that he was a better person during his stint in sobriety and decided to go back to being sober.    [27:38] Did you find it difficult to stop the second time?  He could see how bad it would get if he didn't stop.  He was hiding drinks, and every week seemed to get worse.  He knew he was worse than he had been previously.  He thought that his previous bout of sobriety meant he could do it again.  He just had to get back to sobriety.  He feels our society surrounds you with pro-drinking messages.     [32:07] How were you able to quit this time around? The first few weeks were difficult, more difficult than he remembered from before.  This time it felt more ingrained into his routine, making it more difficult.  This time he is consuming more sobriety media and it helps him keep his mind right.    [34:00] Do you think you are addressing more dimensions of sobriety this time? Last time he was too focused on the physical part.  This time he's addressing the mental and spiritual sides of his life.  He's building a meditation practice and doing yoga.  He he has more tools this time than before.  He's trying not to think about the time line as much.  He's trying to stay in the present and focus on what's right in front of him.    [36:37] What's something that you've learned about yourself in sobriety? Honest really helps.  Also, there's nothing to be ashamed of.  Dependence happens to some people quicker than others, but it's nothing to be ashamed of.  He's taking things more gradually and slowly.    [37:22] Have you experienced any cravings? Definitely, in the first few months.  He just tries to ride it out.  They're only about 20 minutes long.  He tries to distract himself realizing that they will pass.    [38:56] If you could go back and change anything about your getting sober, what would it be? He thinks he could have talked to and with more people.    [39:20] What's on your bucket list in sobriety? He wants to travel more, and spend more time with his kids.      [40:00] Rapid Fire Round What was your worst memory from drinking? When he was in the navy, he blacked out and had to walk around ashamed. Did you ever have an “oh-shit” moment? It's a cumulative thing. His many mornings feeling terrible.  Hearing about conversations he didn't remember.  What’s your plan moving forward? To keep taking it slowly. To focus on his meditation and yoga practice.  Be open and honest with people in his sobriety.  What’s your favorite resource in recovery? Recovery Elevator podcast. On Instagram:  Drybe club.  What’s the best advice you’ve ever received (on sobriety)? You do not have to drink. What parting piece of guidance can you give listeners who are in recovery or thinking about quitting drinking? If it's something that's on your mind, just do it. Reach out to people, be honest and find resources.    Resources mentioned in this episode: Drybe Club – an Instagram page about sobriety Connect with Cafe RE- Use the promo code Elevator for your first month free Sobriety Tracker iTunes Sobriety Tracker Android Sober Selfies! - Send your Sober Selfie and your Success Story to info@recoveryelevator.com     “We took the elevator down, we gotta take the stairs back up, we can do this!”  

If you let fear of consequence prevent you from following your deepest instinct, then your life will be safe, expedient and thin. Katharine Butler Hathaway The implication here is that fear of consequence is pretty normal. so having some, or maybe even a lot, isn't that much of a big deal. The big deal is having a life that is safe, expedient, and thin. What the problem with this actually is remains hidden. so you are simply expected to intuit it, it seems. The rub is that you have little faith in your abilities and less faith in your basic grasp or understanding of situations or circumstances. Since you don't believe that you can trust your judgment or instinct, you don't take a chance on yourself. You likewise don't have much faith in your ability to anticipate or predict the behavior of other people. Your belief is that you cannot predict if a specific action of yours will lead to good or bad outcomes. Usually, you think the likely outcome of following your judgment will be bad. You don't trust yourself and feel that any errors or mistakes you might make will likely be just another example of your screwing up. … Given that reality, a life that is safe, expedient, and thin sounds like a reasonable alternative. There is a potential glitch in going with the safe alternative though. Brooke Foss Westcott described it this way, Silently and imperceptibly, as we wake or sleep, we grow strong or we grow weak, and at last some crisis shows us what we have become. Fortunately, Eleanor Roosevelt suggested another alternative that you may want to consider. I believe that anyone can conquer fear by doing the things he fears to do, provided he keeps doing them until he gets a record of successful experiences behind him. Sure, conquering fear sounds good in theory. but it's certainly easier said than done. As you weigh your choices, Glenn Turner's point deserves your attention, Worrying is like a rocking chair. it gives you something to do, but it doesn't get you anywhere. Ruth Gordon also joined the fear fighters, Courage is like a muscle. it is strengthened by use. and as you might have expected, the famous Anon. added a tidbit as well, The mighty oak was once a little nut that stood its ground. Since the Fear vs. Safe debate can't be resolved here, another thought or two will be enough for now. Haddon Robinson said, What worries you, masters you. and Roger Babson said, If things go wrong, don't go with them. There you go. Do what you need to do, when you need to do it. and while you're at it, adopt the Charlie Brown philosophy for fear management, I've developed a new philosophy … I only dread one day at a time. If you can imagine it, you can achieve it. If you can dream it, you can become it. William Arthur Ward This isn't altogether true but is definitely a popular, self-affirming message for most people, most of the time. One can easily imagine being faster than a speeding bullet, more powerful than a locomotive, and perhaps even leaping one of those tall buildings in a single bound. but no matter how much you dream, you still aren't turning into Superman. It's also true that you may find that you have achieved things you never imagined and have become someone you didn't think it was possible for you to become, in your wildest dreams. Unfortunately, that can work in both positive and negative directions. The reality is that imagining and dreaming can lead to achievement and becoming, but only within limits. Exploring those limits is instructive. Imagination and dreaming can assist in avoiding bad outcomes and finding oneself in undesirable circumstances. Think about what you don't want to happen, where you don't want to end up. Once you have a clear picture, figure out what you need to do to get that outcome or to end up in those circumstances. Now, make sure you don't do whatever your imagination and dreaming tell you would be required. Just don't do it. don't knowingly screw up.

Despite the dangers of speculation, many believed that the stock market would continue to rise forever. On March 25, 1929, after the Federal Reserve warned of excessive speculation, a mini crash occurred as investors started to sell stocks at a rapid pace, exposing the market's shaky foundation. Two days later, banker Charles E. Mitchell announced his company the National City Bank would provide $25 million in credit to stop the market's slide.[7] Mitchell's move brought a temporary halt to the financial crisis and call money declined from 20 to 8 percent.[7] However, the American economy showed ominous signs of trouble:[7] steel production declined, construction was sluggish, automobile sales went down, and consumers were building up high debts because of easy credit.[7] Despite all these economic trouble signs and the market breaks in March and May 1929, stocks resumed their advance in June and the gains continued almost unabated until early September 1929 (the Dow Jones average gained more than 20% between June and September). The market had been on a nine-year run that saw the Dow Jones Industrial Average increase in value tenfold, peaking at 381.17 on September 3, 1929.[7] Shortly before the crash, economist Irving Fisher famously proclaimed, "Stock prices have reached what looks like a permanently high plateau."[8] The optimism and financial gains of the great bull market were shaken after a well publicized early September prediction from financial expert Roger Babson that "a crash was coming". The initial September decline was thus called the "Babson Break" in the press. This was the start of the Great Crash, although until the severe phase of the crash in October, many investors regarded the September "Babson Break" as a "healthy correction" and buying opportunity.

Despite the dangers of speculation, many believed that the stock market would continue to rise forever. On March 25, 1929, after the Federal Reserve warned of excessive speculation, a mini crash occurred as investors started to sell stocks at a rapid pace, exposing the market's shaky foundation. Two days later, banker Charles E. Mitchell announced his company the National City Bank would provide $25 million in credit to stop the market's slide.[7] Mitchell's move brought a temporary halt to the financial crisis and call money declined from 20 to 8 percent.[7] However, the American economy showed ominous signs of trouble:[7] steel production declined, construction was sluggish, automobile sales went down, and consumers were building up high debts because of easy credit.[7] Despite all these economic trouble signs and the market breaks in March and May 1929, stocks resumed their advance in June and the gains continued almost unabated until early September 1929 (the Dow Jones average gained more than 20% between June and September). The market had been on a nine-year run that saw the Dow Jones Industrial Average increase in value tenfold, peaking at 381.17 on September 3, 1929.[7] Shortly before the crash, economist Irving Fisher famously proclaimed, "Stock prices have reached what looks like a permanently high plateau."[8] The optimism and financial gains of the great bull market were shaken after a well publicized early September prediction from financial expert Roger Babson that "a crash was coming". The initial September decline was thus called the "Babson Break" in the press. This was the start of the Great Crash, although until the severe phase of the crash in October, many investors regarded the September "Babson Break" as a "healthy correction" and buying opportunity. Information Link https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929

Comedians Dave Anthony and Gareth Reynolds examine the life of Roger Babson and the greatest fight of his life. SOURCESTOUR DATES REDBUBBLE MERCH