Beck’s Distortions Of It’s A Wonderful Life Mirror His Distortions Of Current Events
…iron-fisted monopoly on the town. He also neglects to mention that Bedford Falls’ survival was due to competition from the Bailey Bros. Building & Loan, a communally owned organization. And here’s a crucial historical fact Beck omits: During the Great Depression, the government passed legislation in response to the kind of monopolies that Mr. Potter’s bank held in small communities and their predatory mortgage lending practices. This government in…
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