âð¾ðâðð ððððð ðð ðððð ð ððð ðð ðððð ðððð ððððððð.â â ð¼.ðº. ð¨ððð..... [logo]( Editorâs note
Sometimes, colleagues of The Classy Investors share special offers with us that we think our readers should be made aware of. Below is one such special opportunity that we believe deserves your attention. СhÑnа just ÐаunÑhеd а hÑÑеrsоnÑÑ nuÑÐеаr mÑssÑÐе аrоund thе wоrÐd. During his few weeks as Vice President, Harry Truman scarcely saw President Franklin Roosevelt, and received no briefing on the development of the atomic bomb or the unfolding difficulties with Soviet Russia. Suddenly these and a host of other wartime problems became Trumanâs to solve when, on April 12, 1945, he became Americaâs 33rd President. During his few weeks as Vice President, Harry S. Truman scarcely saw President Roosevelt, and received no briefing on the development of the atomic bomb or the unfolding difficulties with Soviet Russia. Suddenly these and a host of other wartime problems became Trumanâs to solve when, on April 12, 1945, he became President. He told reporters, âI felt like the moon, the stars, and all the planets had fallen on me.â Truman was born in Lamar, Missouri, in 1884. He grew up in Independence, and for 12 years prospered as a Missouri farmer. He went to France during World War I as a captain in the Field Artillery. Returning, he married Elizabeth Virginia Wallace, and opened a haberdashery in Kansas City. Active in the Democratic Party, Truman was elected a judge of the Jackson County Court (an administrative position) in 1922. He became a Senator in 1934. During World War II he headed the Senate war investigating committee, checking into waste and corruption and saving perhaps as much as 15 billion dollars. As President, Truman made some of the most crucial decisions in history. Soon after V-E Day, the war against Japan had reached its final stage. An urgent plea to Japan to surrender was rejected. Truman, after consultations with his advisers, ordered atomic bombs dropped on cities devoted to war work. Two were Hiroshima and Nagasaki. Japanese surrender quickly followed. In June 1945 Truman witnessed the signing of the charter of the United Nations, hopefully established to preserve peace. Thus far, he had followed his predecessorâs policies, but he soon developed his own. He presented to Congress a 21-point program, proposing the expansion of Social Security, a full-employment program, a permanent Fair Employment Practices Act, and public housing and slum clearance. The program, Truman wrote, âsymbolizes for me my assumption of the office of President in my own right.â It became known as the Fair Deal. Dangers and crises marked the foreign scene as Truman campaigned successfully in 1948. In foreign affairs he was already providing his most effective leadership. In 1947 as the Soviet Union pressured Turkey and, through guerrillas, threatened to take over Greece, he asked Congress to aid the two countries, enunciating the program that bears his nameâthe Truman Doctrine. The Marshall Plan, named for his Secretary of State, stimulated spectacular economic recovery in war-torn western Europe. When the Russians blockaded the western sectors of Berlin in 1948, Truman created a massive airlift to supply Berliners until the Russians backed down. Meanwhile, he was negotiating a military alliance to protect Western nations, the North Atlantic Treaty Organization, established in 1949. In June 1950, when the Communist government of North Korea attacked South Korea, Truman conferred promptly with his military advisers. There was, he wrote, âcomplete, almost unspoken acceptance on the part of everyone that whatever had to be done to meet this aggression had to be done. There was no suggestion from anyone that either the United Nations or the United States could back away from it.â A long, discouraging struggle ensued as U.N. forces held a line above the old boundary of South Korea. Truman kept the war a limited one, rather than risk a major conflict with China and perhaps Russia. Deciding not to run again, he retired to Independence; at age 88, he died December 26, 1972, after a stubborn fight for life. [Image]( Bringing to the Presidency his prestige as commanding general of the victorious forces in Europe during World War II, Dwight D. Eisenhower obtained a truce in Korea and worked incessantly during his two terms (1953-1961) to ease the tensions of the Cold War. Bringing to the Presidency his prestige as commanding general of the victorious forces in Europe during World War II, Dwight D. Eisenhower obtained a truce in Korea and worked incessantly during his two terms to ease the tensions of the Cold War. He pursued the moderate policies of âModern Republicanism,â pointing out as he left office, âAmerica is today the strongest, most influential, and most productive nation in the world.â Born in Texas in 1890, brought up in Abilene, Kansas, Eisenhower was the third of seven sons. He excelled in sports in high school, and received an appointment to West Point. Stationed in Texas as a second lieutenant, he met Mamie Geneva Doud, whom he married in 1916. In his early Army career, he excelled in staff assignments, serving under Generals John J. Pershing, Douglas MacArthur, and Walter Krueger. After Pearl Harbor, General George C. Marshall called him to Washington for a war plans assignment. He commanded the Allied Forces landing in North Africa in November 1942; on D-Day, 1944, he was Supreme Commander of the troops invading France. After the war, he became President of Columbia University, then took leave to assume supreme command over the new NATO forces being assembled in 1951. Republican emissaries to his headquarters near Paris persuaded him to run for President in 1952. âI like Ikeâ was an irresistible slogan; Eisenhower won a sweeping victory. Negotiating from military strength, he tried to reduce the strains of the Cold War. In 1953, the signing of a truce brought an armed peace along the border of South Korea. The death of Stalin the same year caused shifts in relations with Russia. New Russian leaders consented to a peace treaty neutralizing Austria. Meanwhile, both Russia and the United States had developed hydrogen bombs. With the threat of such destructive force hanging over the world, Eisenhower, with the leaders of the British, French, and Russian governments, met at Geneva in July 1955. The President proposed that the United States and Russia exchange blueprints of each otherâs military establishments and âprovide within our countries facilities for aerial photography to the other country.â The Russians greeted the proposal with silence, but were so cordial throughout the meetings that tensions relaxed. Suddenly, in September 1955, Eisenhower suffered a heart attack in Denver, Colorado. After seven weeks he left the hospital, and in February 1956 doctors reported his recovery. In November he was elected for his second term. In domestic policy the President pursued a middle course, continuing most of the New Deal and Fair Deal programs, emphasizing a balanced budget. As desegregation of schools began, he sent troops into Little Rock, Arkansas, to assure compliance with the orders of a Federal court; he also ordered the complete desegregation of the Armed Forces. âThere must be no second class citizens in this country,â he wrote. Eisenhower concentrated on maintaining world peace. He watched with pleasure the development of his âatoms for peaceâ programâthe loan of American uranium to âhave notâ nations for peaceful purposes. Before he left office in January 1961, for his farm in Gettysburg, he urged the necessity of maintaining an adequate military strength, but cautioned that vast, long-continued military expenditures could breed potential dangers to our way of life. He concluded with a prayer for peace âin the goodness of time.â Both themes remained timely and urgent when he died, after a long illness, on March 28, 1969. ÐmеrÑÑа's rеsÑоnse tо Ñt. John F. Kennedy was the 35th President of the United States (1961-1963), the youngest man elected to the office. On November 22, 1963, when he was hardly past his first thousand days in office, JFK was assassinated in Dallas, Texas, becoming also the youngest President to die. On November 22, 1963, when he was hardly past his first thousand days in office, John Fitzgerald Kennedy was killed by an assassinâs bullets as his motorcade wound through Dallas, Texas. Kennedy was the youngest man elected President; he was the youngest to die. Of Irish descent, he was born in Brookline, Massachusetts, on May 29, 1917. Graduating from Harvard in 1940, he entered the Navy. In 1943, when his PT boat was rammed and sunk by a Japanese destroyer, Kennedy, despite grave injuries, led the survivors through perilous waters to safety. Back from the war, he became a Democratic Congressman from the Boston area, advancing in 1953 to the Senate. He married Jacqueline Bouvier on September 12, 1953. In 1955, while recuperating from a back operation, he wrote Profiles in Courage, which won the Pulitzer Prize in history. In 1956 Kennedy almost gained the Democratic nomination for Vice President, and four years later was a first-ballot nominee for President. Millions watched his television debates with the Republican candidate, Richard M. Nixon. Winning by a narrow margin in the popular vote, Kennedy became the first Roman Catholic President. His Inaugural Address offered the memorable injunction: âAsk not what your country can do for youâask what you can do for your country.â As President, he set out to redeem his campaign pledge to get America moving again. His economic programs launched the country on its longest sustained expansion since World War II; before his death, he laid plans for a massive assault on persisting pockets of privation and poverty. Responding to ever more urgent demands, he took vigorous action in the cause of equal rights, calling for new civil rights legislation. His vision of America extended to the quality of the national culture and the central role of the arts in a vital society. He wished America to resume its old mission as the first nation dedicated to the revolution of human rights. With the Alliance for Progress and the Peace Corps, he brought American idealism to the aid of developing nations. But the hard reality of the Communist challenge remained. Shortly after his inauguration, Kennedy permitted a band of Cuban exiles, already armed and trained, to invade their homeland. The attempt to overthrow the regime of Fidel Castro was a failure. Soon thereafter, the Soviet Union renewed its campaign against West Berlin. Kennedy replied by reinforcing the Berlin garrison and increasing the Nationâs military strength, including new efforts in outer space. Confronted by this reaction, Moscow, after the erection of the Berlin Wall, relaxed its pressure in central Europe. Instead, the Russians now sought to install nuclear missiles in Cuba. When this was discovered by air reconnaissance in October 1962, Kennedy imposed a quarantine on all offensive weapons bound for Cuba. While the world trembled on the brink of nuclear war, the Russians backed down and agreed to take the missiles away. The American response to the Cuban crisis evidently persuaded Moscow of the futility of nuclear blackmail. Kennedy now contended that both sides had a vital interest in stopping the spread of nuclear weapons and slowing the arms raceâa contention which led to the test ban treaty of 1963. The months after the Cuban crisis showed significant progress toward his goal of âa world of law and free choice, banishing the world of war and coercion.â His administration thus saw the beginning of new hope for both the equal rights of Americans and the peace of the world. [Button]( Ronald Reagan, originally an American actor and politician, became the 40th President of the United States serving from 1981 to 1989. His term saw a restoration of prosperity at home, with the goal of achieving âpeace through strengthâ abroad. At the end of his two terms in office, Ronald Reagan viewed with satisfaction the achievements of his innovative program known as the Reagan Revolution, which aimed to reinvigorate the American people and reduce their reliance upon Government. He felt he had fulfilled his campaign pledge of 1980 to restore âthe great, confident roar of American progress and growth and optimism.â On February 6, 1911, Ronald Wilson Reagan was born to Nelle and John Reagan in Tampico, Illinois. He attended high school in nearby Dixon and then worked his way through Eureka College. There, he studied economics and sociology, played on the football team, and acted in school plays. Upon graduation, he became a radio sports announcer. A screen test in 1937 won him a contract in Hollywood. During the next two decades he appeared in 53 films. From his first marriage to actress Jane Wyman, he had two children, Maureen and Michael. Maureen passed away in 2001. In 1952 he married Nancy Davis, who was also an actress, and they had two children, Patricia Ann and Ronald Prescott. As president of the Screen Actors Guild, Reagan became embroiled in disputes over the issue of Communism in the film industry; his political views shifted from liberal to conservative. He toured the country as a television host, becoming a spokesman for conservatism. In 1966 he was elected Governor of California by a margin of a million votes; he was re-elected in 1970. Ronald Reagan won the Republican Presidential nomination in 1980 and chose as his running mate former Texas Congressman and United Nations Ambassador George Bush. Voters troubled by inflation and by the year-long confinement of Americans in Iran swept the Republican ticket into office. Reagan won 489 electoral votes to 49 for President Jimmy Carter. On January 20, 1981, Reagan took office. Only 69 days later he was shot by a would-be assassin, but quickly recovered and returned to duty. His grace and wit during the dangerous incident caused his popularity to soar. Dealing skillfully with Congress, Reagan obtained legislation to stimulate economic growth, curb inflation, increase employment, and strengthen national defense. He embarked upon a course of cutting taxes and Government expenditures, refusing to deviate from it when the strengthening of defense forces led to a large deficit. A renewal of national self-confidence by 1984 helped Reagan and Bush win a second term with an unprecedented number of electoral votes. Their victory turned away Democratic challengers Walter F. Mondale and Geraldine Ferraro. In 1986 Reagan obtained an overhaul of the income tax code, which eliminated many deductions and exempted millions of people with low incomes. At the end of his administration, the Nation was enjoying its longest recorded period of peacetime prosperity without recession or depression. In foreign policy, Reagan sought to achieve âpeace through strength.â During his two terms he increased defense spending 35 percent, but sought to improve relations with the Soviet Union. In dramatic meetings with Soviet leader Mikhail Gorbachev, he negotiated a treaty that would eliminate intermediate-range nuclear missiles. Reagan declared war against international terrorism, sending American bombers against Libya after evidence came out that Libya was involved in an attack on American soldiers in a West Berlin nightclub. By ordering naval escorts in the Persian Gulf, he maintained the free flow of oil during the Iran-Iraq war. In keeping with the Reagan Doctrine, he gave support to anti-Communist insurgencies in Central America, Asia, and Africa. Overall, the Reagan years saw a restoration of prosperity, and the goal of peace through strength seemed to be within grasp.
Bill Clinton is an American politician from Arkansas who served as the 42nd President of the United States (1993-2001). He took office at the end of the Cold War, and was the first baby-boomer generation President. During the administration of William Jefferson Clinton, the U.S. enjoyed more peace and economic well being than at any time in its history. He was the first Democratic president since Franklin D. Roosevelt to win a second term. He could point to the lowest unemployment rate in modern times, the lowest inflation in 30 years, the highest home ownership in the countryâs history, dropping crime rates in many places, and reduced welfare rolls. He proposed the first balanced budget in decades and achieved a budget surplus. As part of a plan to celebrate the millennium in 2000, Clinton called for a great national initiative to end racial discrimination. After the failure in his second year of a huge program of health care reform, Clinton shifted emphasis, declaring âthe era of big government is over.â He sought legislation to upgrade education, to protect jobs of parents who must care for sick children, to restrict handgun sales, and to strengthen environmental rules. President Clinton was born William Jefferson Blythe III on August 19, 1946, in Hope, Arkansas, three months after his father died in a traffic accident. When he was four years old, his mother wed Roger Clinton, of Hot Springs, Arkansas. In high school, he took the family name. He excelled as a student and as a saxophone player and once considered becoming a professional musician. As a delegate to Boys Nation while in high school, he met President John Kennedy in the White House Rose Garden. The encounter led him to enter a life of public service. Clinton graduated from Georgetown University and in 1968 won a Rhodes Scholarship to Oxford University. He received a law degree from Yale University in 1973, and entered politics in Arkansas. He was defeated in his campaign for Congress in Arkansasâs Third District in 1974. The next year he married Hillary Rodham, a graduate of Wellesley College and Yale Law School. In 1980, Chelsea, their only child, was born. Clinton was elected Arkansas Attorney General in 1976, and won the governorship in 1978. After losing a bid for a second term, he regained the office four years later, and served until he defeated incumbent George Bush and third party candidate Ross Perot in the 1992 presidential race. Clinton and his running mate, Tennesseeâs Senator Albert Gore Jr., then 44, represented a new generation in American political leadership. For the first time in 12 years both the White House and Congress were held by the same party. But that political edge was brief; the Republicans won both houses of Congress in 1994. In 1998, as a result of issues surrounding personal indiscretions with a young woman White House intern, Clinton was the second U.S. president to be impeached by the House of Representatives. He was tried in the Senate and found not guilty of the charges brought against him. He apologized to the nation for his actions and continued to have unprecedented popular approval ratings for his job as president. In the world, he successfully dispatched peace keeping forces to war-torn Bosnia and bombed Iraq when Saddam Hussein stopped United Nations inspections for evidence of nuclear, chemical, and biological weapons. He became a global proponent for an expanded NATO, more open international trade, and a worldwide campaign against drug trafficking. He drew huge crowds when he traveled through South America, Europe, Russia, Africa, and China, advocating U.S. style freedom.
George W. Bush, Americaâs 43rd President (2001-2009), was transformed into a wartime President in the aftermath of the airborne terrorist attacks on September 11, 2001, facing the âgreatest challenge of any President since Abraham Lincoln.â The airborne terrorist attacks on the World Trade Center, the Pentagon, and the thwarted flight against the White House or Capitol on September 11, 2001, in which nearly 3,000 Americans were killed, transformed George W. Bush into a wartime president. The attacks put on hold many of Bushâs hopes and plans, and Bushâs father, George Bush, the 41st president, declared that his son âfaced the greatest challenge of any president since Abraham Lincoln.â In response, Bush formed a new cabinet-level Department of Homeland Security, sent American forces into Afghanistan to break up the Taliban, a movement under Osama bin Laden that trained financed and exported terrorist teams. The Taliban was successfully disrupted but Bin Laden was not captured and was still on the loose as Bush began his second term. Following the attacks, the president also recast the nationâs intelligence gathering and analysis services, and ordered reform of the military forces to meet the new enemy. At the same time he delivered major tax cuts which had been a campaign pledge. His most controversial act was the invasion of Iraq on the belief that Iraqi President Saddam Hussein posed a grave threat to the United States. Saddam was captured, but the disruption of Iraq and the killing of American servicemen and friendly Iraqis by insurgents became the challenge of Bushâs government as he began his second term. President Bush pledged during his 2005 State of the Union Address that the United States would help the Iraqi people establish a fully democratic government because the victory of freedom in Iraq would strengthen a new ally in the war on terror, bring hope to a troubled region, and lift a threat from the lives of future generations. Bush was born in New Haven, Connecticut while his father was attending Yale University after service in World War II. The family moved to Midland, Texas, where the senior Bush entered the oil exploration business. The son spent formative years there, attended Midland public schools, and formed friendships that stayed with him into the White House. Bush graduated from Yale, received a business degree from Harvard, and then returned to Midland where he too got into the oil business. In Midland he met and married Laura Welch, a teacher and librarian. They had twin daughters, Jenna and Barbara, now out of college and pursuing careers. When George W. Bush, at the age of 54, became the 43rd president of the United States, it was only the second time in American history that a presidentâs son went on to the White House. John Quincy Adams, elected the sixth president in 1824, was the son of John Adams, the second president. While John Adams had groomed his son to be president, George Bush, the 41st president, insisted he was surprised when the eldest of his six children became interested in politics, became governor of Texas, and then went on to the White House. During the early part of the 2000 campaign for the White House, Bush enjoyed a double-digit lead in the polls over his opponent Vice President Al Gore Jr. But the gap closed as the election approached and though Gore finally won the popular vote by 543,895 votes, victory or loss of the presidency hinged on Floridaâs electoral votes. That struggle through recounts and lawsuits worked its way to the Supreme Court. In the end Bush won the electoral count 271 to 266. His new administration was focused on âcompassionate conservatism,â which embraced excellence in education, tax relief and volunteerism among faith-based and community organizations. Bush was challenged in his re-election bid in 2004 by Massachusetts Democratic Senator John Kerry. The election was a good contest, but Bushâs contention that the invasion of Iraq had made the world more secure against terrorism won the national political debate. Bush was re-elected with 51 percent to 48 percent. On the inaugural stand, George W. Bush set the theme for his second term: âAt this second gathering, our duties are defined not by the words I use, but by the history we have seen together. For half a century, America defended our own freedom by standing watch on distant borders. After the shipwreck of communism came years of relative quiet- and then there came a day of fire. There is only one force of history that can break the reign of hatred and resentment, and expose the pretensions of tyrants, and reward the hopes of the decent and tolerant, and that is the force of human freedom â tested but not weary⦠we are ready for the greatest achievements in the history of freedom.â [logo](
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