📃 How Will C̲h̲i̲n̲a̲ Respond to This O̲n̲e̲?

[The Empire Trading]( At The Emрire Тrading, we keep an eye out for favorable circumstances we believe will interest our readers. The following is one such message from one of our colleagues I think you’ll appreciate. [Divider] Ronald Reagan biography ronald-ReaganRonald Reagan was the 40th President of the United States, serving from Jan 1981 to 1989. He was a Republican and was credited with a resurgence of American conservatism. He pursued a policy of neo-liberal economics – seeking tax cuts, reduced government spending, and privatisation. Towards the end of his presidency, he was involved in negotiations with Russian President Mikhail Gorbachev, which led to treaties reducing the nuclear capabilities of both countries and the ending of the Cold War. He also took an activist approach to protecting US interests abroad – including controversial decisions, such as the bombing of Libya, and the invasion of Grenada to reverse a Communist coup. Early Life Ronald Reagan was born 6 February 1911 in Tampico, Illinois. He attended Dixon High School where he gained an interest in acting and sports. He then attended Eureka College where he was elected president of the student body. In the 1930s, Reagan gained work as a radio presenter commenting on baseball games. He made a strong impact because of his clear presentation and engaging voice. In 1937, Regan moved to Hollywood where he gained a contract with Warner Brothers. He was a prolific actor appearing in nineteen films by the end of 1939. Reagan later commented that with many films he worked on, directors were keen to get the movie finished as quickly as possible. In 1942 he starred in ‘Kings Row’ – a film about a double amputee. His performance received critical acclaim, and it made him quite famous as a Hollywood actor. But, shortly after, he was drafted into active service in the U.S. Army. During the war, poor eyesight meant he was excluded from serving overseas. He worked in public relations and made several propaganda films, and helped in the War Loan drive to raise money for the cost of the war. Reagan married for the first time in 1940, to actress Jane Wyman, having two children. Wyman later filed for divorce in 1948, not wishing to support Reagan’s political ambitions. After the war, Reagan became president of the Screen Actors Guild. This involved representing actors in labour disputes; he also gave information to the FBI about actors with potential Communist sympathies. It was as president of SAG that he met Nancy Reagan – ironically because Nancy had been mistakenly put on the list of ‘Communist sympathisers’. They married in 1952 and had two children – Patti and Ron. Political career Reagan began his political career as a Democrat. He supported Harry Truman in the 1948 election. However, his wife Nancy was a Republican, and in the 1950s, he drifted towards the Republican party. He supported the Presidential campaigns of Eisenhower (’52 and ’56) and Richard Nixon (1960) In 1962, he formally joined the Republican party, stating that he didn’t leave the Democrat party, but the party left him. Conservative beliefs His political profile within the Republican movement rose sharply in 1964 when delivering a speech “Time for Choosing” for Presidential hopeful Barry Goldwater. Reagan stressed his philosophy which would characterise his political views. Reagan believed that government needed to be limited to prevent intrusion into individual liberties. Reagan was espousing a conservatism that would become popular in America. He was a member of the National Rifle Association and in the 1960s opposed some civil rights legislation because people should have the freedom to discriminate in housing if they wanted to. However, he claimed it was not from racist motives, and when growing up in the segregated South, he had offered accommodation to black people who were unable to stay at a hotel. Ronald Reagan later paid credit to Martin Luther King for the peaceful civil rights movement of the 1960s. “Abraham Lincoln freed the black man. In many ways, Dr. King freed the white man. How did he accomplish this tremendous feat? Where others — white and black — preached hatred, he taught the principles of love and nonviolence.” (15 January 1983) Libertarianism and Conservatism Reagan promoted a form of conservatism that in many regards had parallels to libertarianism – a very limited form of government. Or as Regan joke in 1965 “Government is like a baby. An alimentary canal with a big appetite at one end and no responsibility at the other.” A typical summary of his ideology for limited government is expressed in this interview. “The basis of conservatism is a desire for less government interference or less centralized authority or more individual freedom…But again, I stand on my statement that I think that libertarianism and conservatism are traveling the same path.” (Interview published in Reason (1 July 1975). In the 1960s, Reagan spoke against ‘socialised healthcare’ and favoured reducing the welfare state. “Welfare’s purpose should be to eliminate, as far as possible, the need for its own existence.” Interview, Los Angeles Times (7 January 1970). Governor of California In 1966, he was elected governor of California. His main policy planks were to reduce government spending, in particular, cut welfare spending, and to tackle the student anti-war/anti-establishment protests which were springing up in response to the Vietnam war. As Governor Reagan was quick to send troops into Berkeley and other universities to crack down on protests. When quizzed about ‘Bloody Thursday’ – where a protester was killed by police. Reagan was unapologetic. “If it takes a bloodbath, let’s get it over with. No more appeasement.” Cannon, Lou (2003), p. 295. Reagan was supportive of the Vietnam war. In 1976, his standing within the conservative movement encouraged him to stand for the Republican nomination. He lost to the more moderate Gerald Ford, but his campaign gave an impressive display of conservative strength, and in 1980 he gained the Republican nomination to fight Jimmy Carter. President 1981-89 Against a backdrop of high inflation, low growth and the Iran hostage crisis. Reagan offered a radical agenda of economic neo-liberalism, a hard-line stance against Communism, state rights and strong national defence. Reagan won a convincing electoral victory in 1981 making him the oldest person to be elected president, at the age of 69. Reagan_on_horsebackReagan was viewed as an excellent communicator; people warmed to his personal, no-nonsense style. He came across as something of a Washington outsider, more at home on the farm. This engagement with ordinary people played a pivotal role in his electoral success and long-term popularity. Within three months of his Presidency, Reagan was shot in an attempted assassination attempt. He narrowly survived and made a full recovery. Social values Reagan promoted conservative social values. This included trying to push a constitutional amendment to allow school prayer. He opposed abortion (though ironically as a new governor of California he signed a bill allowing abortion. Reagan later said he regretted the decision.) He also launched a renewed ‘war on drugs’ which took a hard-line approach to drug use. It led to more prison terms, (especially for Afro-Americans, the biggest users of Crack). For example, sentencing guidelines that meant that someone 5 grams (two sugar packets) worth of crack received an automatic five years in prison. The prison population soared during Reagan’s term. (And continued to rises after Reagan’s presidency. More successful was the “Just say no” drug awareness campaign which sought to encourage young people to reject recreational drugs. First Lady Nancy Reagan was active in raising its profile across America. On immigration Reagan was relatively liberal; in 1982, he allowed 3 million existing illegal immigrants to claim US citizenship. To stem further illegal immigrants, he passed a law to make it illegal to employ illegal immigrants. Economic policy In economics, he took a hard-line against trades unions, he implemented income tax cuts and attempted to reduce government spending. “In this present crisis, government is not the solution to our problem; government is the problem. ” (1981 Inaugural address) A plank of his economic policy was called ‘trickle down economics’. The idea that if the wealthy become better off, wealth and income will trickle down to all in society. Despite rhetoric to reduce government spending, overall government spending increased under Reagan, partly because of the expansion of military expenditure (40% increase between 1981 and 1985. Also, although top rate income tax rates were cut from 70% to 50%, in 1981, other taxes were later raised. Tax as a % of GDP during his presidency was 18.2% – almost the same as the average tax rate 18.1% between 1970-2010. Despite a stance of fiscal responsibility, he presided over growing budget deficits, and overall national debt rose from $997 billion to $2.85 trillion, something Reagan described as his greatest disappointment. However, Reagan claimed strong economic growth during the 1980s was a vindication of his economic policies. US Federal deficit Budget_Deficit_1971_to_2001 Reagan benefited from a fall in oil prices and the economic boom of the 1980s, which saw rising real incomes. But, the period also saw an increase rise in inequality with the gap between high earners and low earners increasing significantly. Cold war rhetoric Reagan was a fierce anti-communist all his life. On gaining the Presidency, he was criticised for escalated tensions with the Soviet Union, calling the Soviet Union ‘the evil empire’ (1983) and significantly building up the U.S. Military strength. However, while expanding the Star Wars programme, Reagan outlined his approach to foreign policy “The defense policy of the United States is based on a simple premise: The United States does not start fights. We will never be an aggressor.” Reagan and Gorbachev Reagan and Gorbachev, 1985. Under the reforming Presidency of Mikhail Gorbachev, the Soviet Union became more committed to arms reduction and liberalisation through Gorbachev’s policy of Perestroika and Glasnost. Several treaties were signed which reduced the nuclear arsenals of both sides. In 1988, Reagan visited the Soviet Union, where he was well received. When asked if he still considered the Soviet Union the evil empire, Reagan replied “No, I was talking about another time, another era” Reagan expressed optimism about the direction the Soviet Union were taking under Gorbachev. Gorbachev later said of Reagan: “[Reagan] a man who was instrumental in bringing about the end of the Cold War” and deemed him “a great President” In 1987, Reagan challenged the Soviet Union to go further: “General Secretary Gorbachev, if you seek peace, if you seek prosperity for the Soviet Union and Eastern Europe, if you seek liberalization, come here to this gate! Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!” Ten months after he left office, in 1989, the Berlin wall did come down and the cold-war was officially declared over at a conference in Malta Covert Anti-Communist action As President, Reagan also supported aiding anti-communist movements across the world. The aim was to overturn any regime allied to the Soviet Union. Some of these anti-communist movements were also accused of severe human rights violations. These campaigns were funded secretly and supported by the CIA; this included supporting Afghan forces fighting the Soviet Union. Though ironically, these US weapons were later used by the Taliban against US forces who went to Afghanistan in the 2000s. In 1983, Reagan sent troops to invade Grenada and overthrow the non-aligned Marxist government. In 1986, the CIA was involved in clandestine activity in selling arms to Iran and using the proceeds to fund anti-Communist Contras in Nicaragua; this was made public in the Iran-Contra scandal. This had been outlawed by an act of Congress, but CIA had undertaken it on its own initiative. Regan denied direct knowledge. It was a rare case of a scandal hitting the approval ratings of Reagan. Usually, he had the ability to deflect attention from scandals. In 1986, a bomb exploded in a Berlin nightclub killing one US servicemen. Citing Libyan involvement, Reagan ordered a series of air-strikes against Libya, citing the US right to self-defence. In response, the United Nations General Assembly adopted a resolution which condemned the US attack. It was passed by a vote of 79 to 28. A critical moment in Reagan’s second term was the Challenger disaster in 1986, where a US space shuttle exploded killing all seven astronauts on board. After office, Reagan received much critical acclaim, and also much criticism. In August 1994, he was diagnosed with Alzheimer’s disease – which involves a slow and steady deterioration in the brain. After the diagnosis, Reagan retreated from public view. He died of pneumonia on 5 June 2004. China just launched a hypersonic nuclear missile around the world. [Missile]( [Here's]( America's response to it. Thomas Edison Biography Thomas Edison (1847 – 1931) was an American inventor and businessman who developed and made commercially available – many key inventions of modern life. His Edison Electric company was a pioneering company for delivering DC electricity directly into people’s homes. He filed over 1,000 patents for a variety of different inventions. Crucially, he used mass-produced techniques to make his inventions available at low cost to households across America. His most important inventions include the electric light bulb, the phonograph, the motion picture camera, an electric car and the electric power station. “None of my inventions came by accident. I see a worthwhile need to be met and I make trial after trial until it comes. What it boils down to is one per cent inspiration and ninety-nine per cent perspiration.” – Thomas Edison, interview 1929 Short Biography Thomas Edison thomas-edisonThomas Edison was born in Milan, Ohio on Feb 11, 1847, the youngest of seven siblings. His parents were middle class, though they were not wealthy. In particular, the family struggled when the railroad bypassed Milan, forcing the family to move to Port Huron, Michigan. He attended only three months of formal schooling – he irritated his teachers with his repeated questioning and inability to just follow instructions. He was largely disinterested at school and was mainly self-educated through reading. He took upon it himself to read every book on the library shelf. By the age of 12, he was reading Sir Isaac Newton’s famous work – Principia Mathematica. However, Edison was not impressed by the complex maths of Newton and resolved to try and make science more understandable. As a youngster, he tried various odd jobs to earn a living. This including selling candy, vegetables and newspapers. He had a talent for business, and he successfully printed the Grand Trunk Herald along with his other newspapers. This included selling photos of his hero, Abraham Lincoln. He was able to spend his extra income on a growing chemistry set. Unfortunately, from an early age, Edison developed a severe deafness, which ultimately left him almost 90% deaf. He would later refuse any medical treatment, saying it would be too difficult to retrain his thinking process. He seemed to take his deafness in his stride, and never saw it as a disability. edisonEdison had a big break when he saved a young boy on the railway track from being struck by a runaway train. His grateful father, J.U. Mckenzie, had Edison trained as a telegraph operator and, aged 19, Edison moved to Louisville, Kentucky to work as a telegraph operator for Western Union. From childhood, Edison loved to experiment, especially with chemicals. However, these experiments often got Edison into difficulties. A chemistry experiment once exploded on a train, and when working on a night shift at Western Union, his lead-acid battery leaked sulphuric acid through the floor onto his boss’ desk. Edison was fired the next day. However Edison was undimmed and, despite scrapping by in impoverished conditions for the next few years, he was able to spend most of his time working on inventions. He received his first patent on June 1, 1869, for the stock ticker. This would later earn him a considerable sum. In the 1870s, he sold the rights to the quadruplex telegraph to Western Union for $10,000. This gave him the financial backing to establish a proper research laboratory and extend his experiments and innovations. Edison once described his invention methods as involving a lot of hard work and repeated trial and error until a method was successful. “During all those years of experimentation and research, I never once made a discovery. All my work was deductive, and the results I achieved were those of invention, pure and simple. I would construct a theory and work on its lines until I found it was untenable. … I speak without exaggeration when I say that I have constructed 3,000 different theories in connection with the electric light, each one of them reasonable and apparently likely to be true. Yet only in two cases did my experiments prove the truth of my theory.” – “Talks with Edison” by G.P Lathrop in Harper’s magazine, Vol. 80 (Feb. 1890), p. 425 By 1877, he had developed the phonograph (an early form of the gramophone player) This received widespread interest, and people were astonished at one of the first audio recording devices. This unique invention earned Edison the nickname ‘The Wizard of Menlo Park‘ Edison’s device would later be improved upon by others, but he made a big step in creating the first recording device. With William Joseph Hammer, Edison started producing the electric light bulb, and it was a great commercial success. Edison’s great advance was to use a carbonised bamboo filament that could last over 1,000 hours. In 1878, he formed the Edison Electric light Company to profit from this invention. Edison successfully predicted that he could make electric light so cheap, it would soon come universal. To capitalise on the success of the electric light bulb, he also worked on electricity distribution. His first power station was able to distribute DC current to 59 customers in lower Manhattan. Edison’s studios now took up two blocks, and it was able to stock a huge range of natural resources, meaning that almost anything and everything could be used in trying to improve designs. This was a big factor in enabling Edison to be so successful in this era of innovation. During the fledgeling years of electricity generation, Edison became involved in a battle between his DC current system and the AC (alternative current) system favoured by George Westinghouse (and developed by Nikola Tesla, who worked for Edison for two years before leaving in a pay dispute.) This became known as the ‘current war’ and both sides were desperate to show the superiority of their system. The Edison company even, on occasion, electrocuted animals to show how dangerous the rival AC current was. During World War One, Edison was asked to serve as a naval consultant, but Edison only wanted to work on defensive weapons. He was proud that he made no invention that could be used to kill. He maintained a strong belief in non-violence. “Nonviolence leads to the highest ethics, which is the goal of all evolution. Until we stop harming all other living beings, we are still savages.” Edison was also a great admirer of the Enlightenment thinker Thomas Paine. He wrote a book praising Paine in 1925; he also shared similar religious beliefs to Thomas Paine – no particular religion, but belief in a Supreme Being. Edison made many important inventions and development in media. These included the Kinetoscope (or peephole view), the first motion pictures and improved photographic paper. After the death of his first wife, Mary Stilwell in 1884, Edison left Menlo Park and moved to West Orange, New Jersey. In 1886, he remarried Mina Miller. In West Orange, he became friends with the industrial magnate, Henry Ford and was an active participant in the Civitan club – which involved doing things for the local community. His pace of invention slowed down in these final years, but he still kept busy, such as trying to find a domestic source of natural rubber. He was also involved in the first electric train to depart from Hoboken in 1930. Throughout his life, he took an active interest in finding the optimal diet and believed a good diet could play a large role in improving health. In 1903, he was quoted as saying: “The doctor of the future will give no medicine, but will instruct his patient in the care of the human frame, in diet and in the cause and prevention of disease.” He had six children, three from each marriage. Edison died of diabetes on October 18, 1931. Citation: Pettinger, Tejvan. “Biography of Thomas Edison”, Oxford, UK – www.biographyonline.net Published 17th July 2013. Last updated 5 March 2018. Quotes by Thomas Edison “Through all the years of experimenting and research, I never once made a discovery. I start where the last man left off. … All my work was deductive, and the results I achieved were those of invention pure and simple.” As quoted in Makers of the Modern World: The Lives of Ninety-two Writers, Artists, Scientists, Statesmen, Inventors, Philosophers, Composers, and Other Creators who Formed the Pattern of Our Century (1955) by Louis Untermeyer, p. 227 “We don’t know a millionth of one percent about anything.” As quoted in Golden Book (April 1931), according to Stevenson’s Book of Quotations (Cassell 3rd edition 1938) by Burton Egbert Stevenson “If we did all the things we are capable of doing, we would literally astound ourselves.” As quoted in Motivating Humans: Goals, Emotions, and Personal Agency Beliefs (1992) by Martin E. Ford, p. 17 “To invent, you need a good imagination and a pile of junk.” As quoted in Behavior-Based Robotics (1998) by Ronald C. Arkin. p. 8 “Just because something doesn’t do what you planned it to do doesn’t mean it’s useless.” “Everyone steals in commerce and industry. I’ve stolen a lot, myself. But I know how to steal! They don’t know how to steal!” As quoted in Tesla: The Modern Sorcerer (1999) by Daniel Blair Stewart, p. 411 “I consider Paine our greatest political thinker. As we have not advanced, and perhaps never shall advance, beyond the Declaration and Constitution, so Paine has had no successors who extended his principles.” The Philosophy of Paine (1925) “In ‘Common Sense’ Paine flared forth with a document so powerful that the Revolution became inevitable. Washington recognized the difference, and in his calm way said that matters never could be the same again..” The Philosophy of Paine (1925) [latest market news and more]( [the Empire Trading]( [Privacy Policy]( - [Terms & Conditions]( - The easiest way to guarantee you get every email is to [whitelisting us.]( Experiencing issues or have questions? [Contact our support team](mailto:support@theempiretrading.com), available 24/7, to guide you every step of the way. In the case of security questions, email: abuse@theempiretrading.com.Email provided by Finance and Investing Traffic, LLC, owner and operator of TheEmpireTrading.comCopyright © 2023 TheEmpireTrading. All Rights Reserved. This email was sent to {EMAIL} This offer is brought to you by The Empire Trading. 221 W 9th St # Wilmington, DE 19801. If you would like to unsubscribe from receiving offers brought to you by The Empire Trading [click here](.