How farmers fought the banks and won: Penny auctions in the Great Depression

It was the Great Depression. Early 1930s. United States. More than a thousand mortgages a day were being foreclosed on. Hundreds of thousands of families were losing their homes each year.  Times were hard for everyone. Especially hard for farmers. But neighbors found a way to push back and help their friends in a very creative way. They called it a penny auction.BIG NEWS! This podcast has won Gold in this year’s Signal Awards for best history podcast! It’s a huge honor. Thank you so much to everyone who voted and supported. And please consider signing up for the Stories of Resistance podcast feed on Spotify, Apple Podcasts, Spreaker, or wherever you listen. And please take a moment to rate and review the podcast. A little help goes a long way.The Real News’s legendary host Marc Steiner has also been in the running for best episode host. And he also won a Gold Signal Award. We are so excited. You can listen and subscribe to the Marc Steiner Show here on Spotify or Apple Podcasts.Please consider supporting this podcast and Michael Fox’s reporting on his Patreon account: patreon.com/mfox. There you can also see exclusive pictures, video, and interviews. Written and produced by Michael Fox.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-real-news-podcast--2952221/support.Help us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer.Follow us on:Bluesky: @therealnews.comFacebook: The Real News NetworkTwitter: @TheRealNewsYouTube: @therealnewsInstagram: @therealnewsnetworkBecome a member and join the Supporters Club for The Real News Podcast today!