“When the stock market crashed, Franklin Roosevelt got on the television and didn’t just talk about the princes of greed. He said, ‘Look, here’s what happened.'” –Joe Biden, recounting the political fallout after the 1929 stock market crash to Katie Couric on Sept. 22, 2008
Actually, none of that happened. Herbert Hoover was President in 1929 and few American households had TVs back then.