Boom Boom Washington Quotes

Starting in 1792 with George Washington, there were financial crises every ten to fifteen years. Panics, bank runs, credit freezes, crashes, depressions. People lost their farms, families were wiped out. This went on for more than a hundred years, until the Great Depression, when Oklahoma turned to dust. "We can do better than this." Americans said. "We don't need to go back to the boom-and-bust cycle." The Great Depression produced three regulations: The FDIC-your bank deposits were safe. Glass-Steagall-banks couldn't go crazy with your money. The SEC-stock markets would be tightly controlled. For fifty years, these rules kept America from having another financial crisis. Not one panic or meltdown or freeze. They gave Americans security and prosperity. Banking was dull. The country produced the greatest middle class the world had ever seen.

When Congress approved the decision to retire the SR-71, the Smithsonian Institution requested that a Blackbird be delivered for eventual display in the Air and Space Museum in Washington and that we set a new transcontinental speed record delivering it from California to Dulles. I had the honor of piloting that final flight on March 6, 1990, for its final 2,300-mile flight between L.A. and D.C. I took off with my backseat navigator, Lt. Col. Joe Vida, at 4:30 in the morning from Palmdale, just outside L.A., and despite the early hour, a huge crowd cheered us off. We hit a tanker over the Pacific then turned and dashed east, accelerating to 2.6 Mach and about sixty thousand feet. Below stretched hundreds of miles of California coastline in the early morning light. In the east and above, the hint of a red sunrise and the bright twinkling lights from Venus, Mars, and Saturn. A moment later we were directly over central California, with the Blackbird’s continual sonic boom serving as an early wake-up call to the millions sleeping below on this special day. I pushed out to Mach 3.3.

Knox, who possessed a booming voice that could be heard throughout the camp, had never fired a cannon in his life when he became head of artillery in 1775. He was a local bookseller in Boston who was fascinated by weapons. He had read just about every book published on ordnance and convinced Washington to put him in charge of his artillery,

During the course of his career, [Rather] came to despise the dynamics of pack journalism. The packs were often ugly - reporters shouting questions, pushing and shoving each other, and surrounding their subjects with cameras and microphone booms, blindly following each other and creating an echo chamber of information that rarely served the public. He compared the pack to a flock of turkeys: If two turkeys leapt over a cliff, the rest of the flock would follow.

It was not as if the rest of the nation was suffering from want. .. Americans were experiencing a war-related economic boom. these same citizens might be enjoying an unusual level of prosperity, but they were not aboutto share it with their struggling national government and their even more beleaguered army. Without an ability to raise its own taxes, the Continental Congress had been printing its own money to pay for the war. But after five years of churning out bills that had become almost worthless, Congress was left with few options. By the spring of 1780 every thing was beginning to grind to a terrible and tragic halt.

The explosion of government and spending under Obama insured that while the rest of the nation continued to suffer stagnant job growth and slow housing sales long past the time when a recovery should have been underway, one city was booming like a five-year-long Led Zeppelin drum solo: Washington, D.C. According to the 2014 Forbes ranking of the ten richest counties in America, none were in New York, California, or Texas. Before Obama took office, five of the richest counties surrounded Washington, D.C. Now, seven years after Obama took office on his promise to rid the place of big money lobbyists, and Democrats assumed complete control of the White House and Congress for two years, six of the richest counties surround Washington, D.C. Bear in mind that unlike Texas or California, where money is generated by creating products people actually need, such as oil or computers, Washington, D.C., produces nothing but government. In other words, six of the ten richest counties in America got that rich by being parasites. A case could be made that under the current leadership, crony capitalism is more rewarding than actual capitalism. And with all that government around business people’s necks, it’s certainly a heckuva lot easier.

Indeed, election data show it is true that the candidate who spends more money in a campaign usually wins. But is money the cause of the victory? It might seem logical to think so, much as it might have seemed logical that a booming 1990s economy helped reduce crime. But just because two things are correlated does not mean that one causes the other. A correlation simply means that a relationship exists between two factors — let’s call them X and Y—but it tells you nothing about the direction of that relationship. It’s possible that X causes Y; it’s also possible that Y causes X; and it may be that X and Y are both being caused by some other factor, Z. Think about this correlation: cities with a lot of murders also tend to have a lot of police officers. Consider now the police/murder correlation in a pair of real cities. Denver and Washington, D.C., have about the same population — but Washington has nearly three times as many police as Denver, and it also has eight times the number of murders. Unless you have more information, however, it’s hard to say what’s causing what. Someone who didn’t know better might contemplate these figures and conclude that it is all those extra police in Washington who are causing the extra murders. Such wayward thinking, which has a long history, generally provokes a wayward response. Consider the folktale of the czar who learned that the most disease ridden province in his empire was also the province with the most doctors. His solution? He promptly ordered all the doctors shot dead.

ON THE MODUS OPERANDI OF OUR CURRENT PRESIDENT, DONALD J. TRUMP "According to a new ABC/Washington Post poll, President Trump’s disapproval rating has hit a new high." The President's response to this news was "“I don’t do it for the polls. Honestly — people won’t necessarily agree with this — I do nothing for the polls,” the president told reporters on Wednesday. “I do it to do what’s right. I’m here for an extended period of time. I’m here for a period that’s a very important period of time. And we are straightening out this country.” - Both Quotes Taken From Aol News - August 31, 2018 In The United States, as in other Republics, the two main categories of Presidential motivation for their assigned tasks are #1: Self Interest in seeking to attain and to hold on to political power for their own sakes, regarding the welfare of This Republic to be of secondary importance. #2: Seeking to attain and to hold on to the power of that same office for the selfless sake of this Republic's welfare, irregardless of their personal interest, and in the best of cases going against their personal interests to do what is best for this Republic even if it means making profound and extreme personal sacrifices. Abraham Lincoln understood this last mentioned motivation and gave his life for it. The primary information any political scientist needs to ascertain regarding the diagnosis of a particular President's modus operandi is to first take an insightful and detailed look at the individual's past. The litmus test always being what would he or she be willing to sacrifice for the Nation. In the case of our current President, Donald John Trump, he abandoned a life of liberal luxury linked to self imposed limited responsibilities for an intensely grueling, veritably non stop two year nightmare of criss crossing this immense Country's varied terrain, both literally and socially when he could have easily maintained his life of liberal leisure. While my assertion that his personal choice was, in my view, sacrificially done for the sake of a great power in a state of rapid decline can be contradicted by saying it was motivated by selfish reasons, all evidence points to the contrary. For knowing the human condition, fraught with a plentitude of weaknesses, for a man in the end portion of his lifetime to sacrifice an easy life for a hard working incessant schedule of thankless tasks it is entirely doubtful that this choice was made devoid of a special and even exalted inspiration to do so. And while the right motivations are pivotal to a President's success, what is also obviously needed are generic and specific political, military and ministerial skills which must be naturally endowed by Our Creator upon the particular President elected for the purposes of advancing a Nation's general well being for one and all. If one looks at the latest National statistics since President Trump took office, (such as our rising GNP, the booming market, the dramatically shrinking unemployment rate, and the overall positive emotive strains in regards to our Nation's future, on both the left and the right) one can make definitive objective conclusions pertaining to the exceptionally noble character and efficiency of the current resident at 1600 Pennsylvania Avenue. And if one can drown out the constant communicative assaults on our current Commander In Chief, and especially if one can honestly assess the remarkable lack of substantial mistakes made by the current President, all of these factors point to a leader who is impressively strong, morally and in other imperative ways. And at the most propitious time. For the main reason that so many people in our Republic palpably despise our current President is that his political and especially his social agenda directly threatens their licentious way of life. - John Lars Zwerenz

One of my old maxims runs: Financial genius is a rising market. Booms create heroes. Someone who can flip a coin to come up heads ten times in a row will be asked not only about his technique of flipping nickels but about his opinions on events in Washington.

INTRODUCTION THE EXPLOSION ON AN OTHERWISE CALM AND UNEVENTFUL MORNING, A small nuclear weapon explodes in downtown Washington, DC. The device generates a yield of fifteen kilotons, roughly the same force unleashed by the bomb Little Boy over Hiroshima. The casualty count rises to over a hundred thousand, and the destruction is measured in hundreds of billions of dollars. The blast’s electromagnetic pulse burns out electrical components across the metropolitan area. Radiation leaves the center of the city

uninhabitable for the first time since it was declared America’s capital in 1790, and the scientific community predicts that it will remain so for a decade. The stock market plunges as investors anticipate draconian customs regimes that will choke global trade. Fear of further attacks paralyzes America and much of the Western world. Hours after the explosion, a little known terrorist group claims responsibility. It is the first time the president, who was not in Washington at the time of the blast, and his surviving cabinet members, including the director of national intelligence, have heard of the group. After searching intelligence databases, analysts report that the group is linked to three hostile governments, all of which have issued statements condemning the

No matter how rich and powerful Bill Gates became, his mother still enjoyed telling of her failure to impress upon him the virtue of neatness. Gates was the only son of a wealthy and successful Seattle family. His mother, Mary, was the scion of a Northwest banking titan and a politically connected regent of the University of Washington. His father, William II, was a prominent downtown lawyer. Bright and willful, Gates often defied his parents as a child. Born on October 28, 1955, he shared with the rest of the baby boom generation a taste for sloppiness.

America isn’t the picture of barbecues, guns, freedom, and hot girls eating hamburgers you probably saw on TV. That’s the old America and one I’m not even sure ever existed. The glowies parade that picture around every time they want to put people at ease and push them back into place. DC is especially made of glowies. You can’t talk to anyone because maybe they’re gonna send you to the dungeon or maybe they know someone who can.

Likewise, Egypts vaunted economic reform--the mythology embroidered by the IMF and Washington--had also unraveled by the beginning of the new millennium. During 2000. the Cairo stock market collapsed, losing almost 50 percent of its value. By the end of the year share prices were lower than when the government first revived the exchange in 1995. The real estate boom had gone bust. Ahmed Bahgat , the builder of dreamland, suffered a heart attack in July 2000 while on a trip to Washington, where he was part of an official delegation making an unsuccessful effort to encourage investments from large U.S corporations. When news reached Cairo that he was in a hospital in Bethesda, Maryland,undergoing surgery to the aorta, shares in his company collapsed. Dreamland was effectively bankrupt. Beverly Hills and most of the other smaller developments also came to a halt, as speculators discovered they had overbuilt and luxury property prices dropped by more than half----Dreamworlds of neoliberalism Evil Paradises

his way of thinking, the spreading of risk could actually exacerbate the consequences of otherwise isolated problems—a view not shared by his original boss at the Fed, Alan Greenspan. “These changes appear to have made the financial system able to absorb more easily a broader array of shocks, but they have not eliminated risk,” he said in a speech in 2006. “They have not ended the tendency of markets to occasional periods of mania and panic. They have not eliminated the possibility of failure of a major financial intermediary. And they cannot fully insulate the broader financial system from the effects of such a failure.” Geithner understood that the Wall Street boom would eventually falter, and he knew from his experience in Japan that it was not likely to end well. Of course, he had no way of knowing precisely how or when that would happen, and no amount of studying or preparation could have equipped him to deal with the events that began in early March 2008.