Actually, FDR liked Hitler’s brand of national socialism and the government did buy in to banks during the depression and at some point the banks paid the government back. But the socialists never gave back control.
I am well aware of FDR’s fascist penchant and his admiration of stalin, el duce, etc.
I Howell’s book ‘FDR’s Folly’ and it was eye opening, although Friedman pretty much exposed FDR and the federal reserve as culprits of the great depression.
I wasnt aware of any buying into banks, i know that they were heavily regulated including the 1935 glass-steagell act which was repealed in 1999 - and subsequently blamed fo rthe housing crisis by stupid liberals.