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Every year around Chirstmas, we are able to watch the classic movie "it's a Wonderful Life". As I listened to the pResident last night, I just could not get George Bailey (Jimmy Stewarts chracter), out of my head.
One of my favorite scenes in that movie is there is a run on the Building and Loan. Because of the Depression, people are hurrying to withdraw all of their money from the bank.
George Bailey in 1946 put this better than I think I ever could. He helped explain to the people that they are all in this together. He tells folks that "your money's not here, it's in the crops in Henry's field", "it's in the Mitchell's house", etc. Here's a great description of that scene.
"The worried townspeople race toward the town's bank and to the Building and Loan to withdraw all their funds - in a bank run that will threaten the town's financial security.
George cannot leave his townspeople in a time of crisis. In the rain, he hurries to the Building and Loan. He finds the iron gate on the doors has been locked, creating a mob scene outside on the street. George unlocks the gate, unleashing the torrent of citizens into the association's lobby, where he finds Uncle Billy calming his nerves with a swig of alcohol. Billy proclaims in an agitated manner: "This is a pickle, George. This is a pickle." They have very little cash left on hand to distribute to all the townspeople who demand to withdraw their money immediately.
Meanwhile, Potter (Bush) has already seized control of the bank during the crisis, and calls George to disingenuously help him during the crisis. Potter (Bush) suggests that George tell the people to bring their shares to him and he will pay 50 cents on the dollar. Faced with tremendous pressure and confusion, George looks at the portrait of his father and a motto on the wall for courage: "All you can take with you is that which you've given away." He realizes he must appeal to the crowd to allay their fears. George appeals to the townspeople to understand that things aren't as black as they appear, just as sirens scream by outside. He explains to his depositors that they are all in this together - that their money is tied up in their neighbors' houses, businesses, kids braces, etc., as an investment. Without the Building and Loan, they would all be at the mercy of Potter (Bush), who cares little for them, and would offer cash for their shares at half-price during the panic."
Call me sentimental, but imagine that, a "liberal" wishing for a return to those types of values.
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