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Early in the spring of 1956, only weeks after Elvis Presley released his debut studio album, and actress Norma Jean Mortenson had her name legally changed to Marilyn Monroe, a budding 25-year-old businessman from the American Midwest fatefully registered his first-ever company. His name, of course, was Warren Buffett. And the company he
It’s not exactly as if the world is swimming in a sea of tranquility these days. War in Gaza has been raging for months. War in Ukraine has been raging for years. And Russia has even threatened using nuclear weapons. Terrorist groups brazenly attack American shipping vessels. Iran keeps stirring the pot by
On January 16, 1917– at the peak of World War I, the imperial German Foreign Minister, Arthur Zimmerman, sent an encoded telegram destined for the President of Mexico. Zimmerman wanted to form an alliance with Mexico, in the hopes that the United States would be too distracted with potential conflict at their southern
The ink was barely dry on the Treaty of Paris in the year 1763 when the financial panic set in. Government ministers across Europe began taking stock of their disastrous finances… and the picture was gruesome. The world had been at war with itself for nearly a decade. And though the conflict became
On September 18, 1928, at the peak of the ‘Roaring 20s’, an American investor by the name of Evelyn Gregory was sitting on a fat capital gain totaling over $133,000– worth more than $12 million in today’s money. The top federal tax rate back then was 25%… but Evelyn wasn’t inclined to fork
I imagine life can often feel pretty difficult for today’s high school students. On top of dealing with classic teenage drama like homework, hormones, pimples, parents, driving, dating, university selection, and more, students these days have to contend with a host of new challenges. They suffered long periods of brutal Covid lockdowns. Active
Last week’s headlines were understandably dominated the special counsel’s report which chronicled President Biden’s “diminished faculties and faulty memory”. So, it’s easy to understand why no one even noticed the Congressional Budget Office’s $20 trillion bombshell announcement that was released within hours of the special counsel report. Granted, an investigation concluding that the
“Can Selecting the Most Qualified Candidate Be Unfair?” asked researchers in a recent study published by the American Psychological Association. And the short answer, according to this new ‘science’, is a resounding YES: hiring the most qualified people based purely on their merit and talent is unfair. Naturally they don’t actually discuss WHY.
Thousands of years ago during the late Bronze Age– most likely between 1100 and 1200 BC, two ancient civilizations were exhausted after nearly a decade of warfare. On one side was the ancient Achaean peoples led by the Mycenaean king Agamemnon. On the other was a legendary Hittite city that had already been
It’s interesting to see how so many mainstream voices are starting to express concern about the gargantuan size of the US national debt. For most of the past decade, even as the debt spiraled out of control and passed $20 trillion, $25 trillion, $30 trillion, etc., hardly anyone in the media said a
Last week when I wrote about the dumbest guy of the week, I should have known it wouldn’t be a one-time thing. A week ago I wrote about Congressman Jamaal Bowman, who was demanding that the US government make “at a minimum” $14 trillion worth of reparations payments. (Remember, this is the same
Yesterday the Treasury Department announced that they expected to increase the national debt by a whopping $760 billion this quarter alone… and another $202 billion next quarter. In short that means almost $1 trillion added to the national debt just in the first half of this year. And, again, these are the Treasury
Imagine waking up on a tropical mountain setting as the sun rises over the valley below. You take a dip in your infinity pool before eating a breakfast complimented by fresh mango and papaya from your own garden. And the beans for your morning coffee came from a farm just down the road.
When Publius Licinus Valerianus (known as Valerian) became Roman emperor in September of 253 AD, people across the empire must have breathed a sigh of relief. “Finally,” many Roman citizens probably thought, “There’s an adult in the room.” The Roman Empire at that point was in the midst of its infamous ‘Crisis of
What follows below is purely satire. But just barely. We hope you have a good laugh after a long week. Texans have long complained about the pitiful condition of many of US federal highways that pass through their state. But eventually the state government grew tired of waiting around for the Biden administration