FDR and His First Inagural
By: Lynn Bacon, CPLC, CRC, CFC
One of our country's greatest presidents, Franklin D. Roosevelt made one of the greatest speeches that still
rings true today. He said,
" This great Nation will endure as it has endured, will
revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself -
nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into
I underlined the parts that you've heard many times - but the rest of it is really important too.
It's important to know that there were companies and industries that prospered during the Great
Depression, like the railways, radios and movie theaters. General Foods, Johns Manville, Sears, Standard Oil
and US Steel all did well during the depression. There's really no reason to think that certain companies and
industries won't do well during our current difficulties either. It all
depends on the attitudes of the people running them.
Let go of the fear!!! Yes, it is scary when we think about all that is happening but if you think of this as
an opportunity, the possibilities are endless. I like to think about everything as a
see-saw. Remember being on those as a kid? One of you goes up and the other goes down and
it's back and forth.
So, if the economy is down ... what is going up?
How can you be a part of what's going up?
How can you CREATE something that can go up?
First, it is so important to realize that we will revive and prosper again. So, here, we have a choice.
You can either sit back and wait for that to happen, or you can step up and become part of the revival. So,
how are you going to do that?
This is where I'm going to challenge you in the coming weeks. The things that you can fear are as endless as
your imagination, but the reality is that in the absence of fear you can create, achieve and attract great things
into your life.
Are you going to retreat - or are you going to advance? It's your choice.