Title: Franklin D. Roosevelt
1(No Transcript)
2Franklin D. Roosevelt
President of the United States 1933-1945
3Dont
Exchange Borrowing for Budgeting or Exchange Lib
erty for Security
4There is desirable treasure, and oil in the
dwelling of the wise, but a foolish man squanders
it. A good man leaves an inheritance to his
childrens children.
Proverbs 2120, 1522 (NKJV)
5Dow Jones Industrial Average 10-1-28 thru
12-31-54
450 400 350 300 250 200 150 100 50 0
25 Years
2nd New Deal
World War II
Weekly Closing Price
1st New Deal
Hoover increases debt spending by 47 in 4 years
Hoover increases debt spending by 47 in four
years
1932-1944 F.D.R Presidency
1928
1930
1932
1934
1936
1938
1942
1944
1946
1948
1952
1954
1940
6Dow Jones Industrial Average 10-1-28 thru
12-31-54
450 400 350 300 250 200 150 100 50 0
25 Years
2nd New Deal
World War II
Weekly Closing Price
1st New Deal
Hoover increases debt spending by 47 in 4 years
1932-1944 F.D.R Presidency
FDRs Presidency (1933-45)
1928
1930
1932
1934
1936
1938
1942
1944
1946
1948
1952
1954
1940
7Dow Jones Industrial Average 10-1-28 thru
12-31-54
450 400 350 300 250 200 150 100 50 0
25 Years
2nd New Deal
World War II
Weekly Closing Price
1st New Deal
Hoover increases debt spending by 47 in 4 years
First New Deal
1932-1944 F.D.R Presidency
FDRs Presidency (1933-45)
1928
1930
1932
1934
1936
1938
1942
1944
1946
1948
1952
1954
1940
8Dow Jones Industrial Average 10-1-28 thru
12-31-54
450 400 350 300 250 200 150 100 50 0
25 Years
2nd New Deal
World War II
Weekly Closing Price
Second New Deal
1st New Deal
Hoover increases debt spending by 47 in 4 years
First New Deal
1932-1944 F.D.R Presidency
FDRs Presidency (1933-45)
1928
1930
1932
1934
1936
1938
1942
1944
1946
1948
1952
1954
1940
9Dow Jones Industrial Average 10-1-28 thru
12-31-54
450 400 350 300 250 200 150 100 50 0
25 Years
2nd New Deal
World War II
World War II
Weekly Closing Price
Second New Deal
1st New Deal
Hoover increases debt spending by 47 in 4 years
First New Deal
1932-1944 F.D.R Presidency
FDRs Presidency (1933-45)
1928
1930
1932
1934
1936
1938
1942
1944
1946
1948
1952
1954
1940
10Budgeting vs Borrowing
- Why am I spending tomorrows money today?
- Am I planning for tomorrows problems?
11And He said to them, Take heed and beware of
covetousness, for ones life does not consist in
the abundance of the things he possesses.
Luke 121515 (NKJV)
12Write the vision and make it plain on tablets,
that he may run who reads it.
Habakkuk 22 (NKJV)
13How do we find freedom? It is simple enough. We
do not follow the path to poverty, consuming more
than we produce. Instead we follow the path to
prosperity, producing more than we consume.
Don't sell tomorrow's labor for today's
consumption!
14Give a serving to seven, and also to eight, for
you do not know what evil will be on the
earth. Come now, you who say, Today or
tomorrow we will go to such and such a city,
spend a year there, buy and sell, and make a
profit -- whereas you do not know what will
happen tomorrow.
Habakkuk 22 (NKJV)
Proverbs 66 (NKJV)
15Budgeting vs Borrowing
- Why am I spending tomorrows money today?
- Am I planning for tomorrows problems?
16Dont
Exchange Borrowing for Budgeting or Exchange Lib
erty for Security
17The elders gathered together and said, Now make
us a king to judge us like all the nations. And
the LORD said to Samuel, you shall solemnly
forewarn them, and show them the behavior of the
king who will reign over them.
1 Samuel 84-9 (NKJV)
18So Samuel said, He will take your sons and
appoint them for his own chariots and to be his
horsemen He will set some to plow his ground and
reap his harvest, and some to make his weapons of
war and equipment for his chariots.  He will take
your daughters to be perfumers, cooks, and
bakers. And he will take the best of your
fields, your vineyards, and your olive groves,
and give them to his servants.Â
1 Samuel 810-15 (NKJV)
19He will take a tenth of your grain and your
vintage, and give it to his officers and
servants. And he will take your finest young
men, and your donkeys, and put them to his
work. He will take a tenth of your sheep. And
you will be his servants. Nevertheless the
people refused to obey the voice of Samuel and
they said, No, but we will have a king over us.
1 Samuel 816-19 (NKJV)
20No one can serve two masters for either he will
hate the one and love the other, or else he will
be loyal to the one and despise the other. You
cannot serve God and mammon.Â
Matthew 624 (NKJV)
21(No Transcript)