Posts in category "Economics"
Bruce Rauner says he wants to raise The FICA and Medicare taxes. Though he hasn’t paid either one these days As he counts what he saves and relaxes.
Today’s the birthday of Franklin D. Roosevelt. When our country the Greatest Depression was dealt, He found a fresh deck and he opened the seal; Rebooted the game with what’s called “The New Deal”. New Deal programs with the deepest impact on American life: (1) Social Security Act; (2) Federal Deposit Insurance Corporation; (3) Securities... Read more »
Born today was Salmon P. Chase Rival of Lincoln in a presidential race. Decided for the Union in a landmark case. On the ten thou bill you will see his face. [Chief Justice Salmon P. Chase swearing in President U.S. Grant to a second term on March 4, 1873]
Born today was Richard Warren Sears. Through the mail he sold the most goods for years. Now that sales have tanked, it’s assumed, He’s rolling over where he’s entombed. Watching Out: “If you buy a good watch you will always be satisfied, and at our prices a good watch will influence the sale of another good... Read more »
Today’s the birthday of Bill Gates, Not one of Dame Fortune’s ingrates. A humanitarian with a Microsoft heart* He’s raised his philanthropy into an art. *Gates has given over $36 billion to various causes and charities. He has even pledged with fellow Forbes Richest 400 Warren Buffett and Mark Zuckerberg , Facebook CEO , to donate half their... Read more »
Today’s birthday is Henry Ford’s. His Model T’s came with running boards. You could choose any color right off the rack As long as the color you chose was black. On the other hand: “Ford was a vicious anti-Semite. He despised Jews, bankers, and unions. And wrote hate-filled pamphlets linking all three. He seemed to have associated... Read more »
Today was born John D. Rockefeller, Oil magnate, monopolist, buyer and seller. Amassed a vast fortune, the most in his time. An old man, he’d meet you and give you a dime. LAMB: So if we were to find John D. Rockefeller Sr. at his worst moment, or as defined by somebody like Ida Tarbell,... Read more »
Born today economist Adam Smith Whom our Founding Fathers were smitten with.* If you’ve the time and plenty of patience Read his treatise ” Wealth of Nations”. *So thinks Roy C. Smith in his book “Adam Smith and the Origins of American Enterprise: How the Founding Fathers Turned to a Great Economist’s Writings and Created the American Economy.” Progressive... Read more »