ðð¡ð¢ð¬ ð¢ð¬ ð°ð¡ð² ð¢ðâð¬ ðð«ð¢ðð¢ððð¥ ðð¨ð« ð²ð¨ð® ðð¨ ð¬ðð ð°ð¡ðð ðð¡ð¢ðð§ðð² ðð¢ð¥ð¬ð¨ð§ ð¢ð¬ ð©ð«ððð¢ððð¢ð§ð ðððð.... [Your Profit Retirement (Logotype)]( At times, our affiliate partners reach out to the Editors at Your Profit Retirement with special opportunities for our readers. The message below is one we think you should take a close, serious look at. As Americaâs 30th President (1923-1929), Calvin Coolidge demonstrated his determination to preserve the old moral and economic precepts of frugality amid the material prosperity which many Americans were enjoying during the 1920s era. At 2:30 on the morning of August 3, 1923, while visiting in Vermont, Calvin Coolidge received word that he was President. By the light of a kerosene lamp, his father, who was a notary public, administered the oath of office as Coolidge placed his hand on the family Bible. Coolidge was âdistinguished for character more than for heroic achievement,â wrote a Democratic admirer, Alfred E. Smith. âHis great task was to restore the dignity and prestige of the Presidency when it had reached the lowest ebb in our history ⦠in a time of extravagance and wasteâ¦.â Born in Plymouth, Vermont, on July 4, 1872, Coolidge was the son of a village storekeeper. He was graduated from Amherst College with honors, and entered law and politics in Northampton, Massachusetts. Slowly, methodically, he went up the political ladder from councilman in Northampton to Governor of Massachusetts, as a Republican. En route he became thoroughly conservative. As President, Coolidge demonstrated his determination to preserve the old moral and economic precepts amid the material prosperity which many Americans were enjoying. He refused to use Federal economic power to check the growing boom or to ameliorate the depressed condition of agriculture and certain industries. His first message to Congress in December 1923 called for isolation in foreign policy, and for tax cuts, economy, and limited aid to farmers. He rapidly became popular. In 1924, as the beneficiary of what was becoming known as âCoolidge prosperity,â he polled more than 54 percent of the popular vote. In his Inaugural he asserted that the country had achieved âa state of contentment seldom before seen,â and pledged himself to maintain the status quo. In subsequent years he twice vetoed farm relief bills, and killed a plan to produce cheap Federal electric power on the Tennessee River. The political genius of President Coolidge, Walter Lippmann pointed out in 1926, was his talent for effectively doing nothing: âThis active inactivity suits the mood and certain of the needs of the country admirably. It suits all the business interests which want to be let aloneâ¦. And it suits all those who have become convinced that government in this country has become dangerously complicated and top-heavyâ¦.â Coolidge was both the most negative and remote of Presidents, and the most accessible. He once explained to Bernard Baruch why he often sat silently through interviews: âWell, Baruch, many times I say only âyesâ or ânoâ to people. Even that is too much. It winds them up for twenty minutes more.â But no President was kinder in permitting himself to be photographed in Indian war bonnets or cowboy dress, and in greeting a variety of delegations to the White House. Both his dry Yankee wit and his frugality with words became legendary. His wife, Grace Goodhue Coolidge, recounted that a young woman sitting next to Coolidge at a dinner party confided to him she had bet she could get at least three words of conversation from him. Without looking at her he quietly retorted, âYou lose.â And in 1928, while vacationing in the Black Hills of South Dakota, he issued the most famous of his laconic statements, âI do not choose to run for President in 1928.â By the time the disaster of the Great Depression hit the country, Coolidge was in retirement. Before his death in January 1933, he confided to an old friend, â. . . I feel I no longer fit in with these times.â Dear Reader, Whitney Tilson is one of the most well-connected â and most accurate â financial minds in the world. CNBC even calls him âThe Prophet.â - For example, in December 2008, he appeared on 60 Minutes and called the bottom of the stock market during the Global Financial Crisis. Three months later, the longest bull run in history began.
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Editor in Chief, Empire Financial Research P.S. If youâve ever had the chance to attend one of Tilsonâs live presentations, you already understand what kind of focus and attention to detail he puts into his work. Itâs how he took his hedge fund firm from $1 million to over $200 million under management in two decades. Itâs also how he came across todayâs massive opportunity. [Click here to see his full breakdown](. James Buchanan, the 15th President of the United States (1857-1861), served immediately prior to the American Civil War. He remains the only President to be elected from Pennsylvania and to remain a lifelong bachelor. Tall, stately, stiffly formal in the high stock he wore around his jowls, James Buchanan was the only President who never married. Presiding over a rapidly dividing Nation, Buchanan grasped inadequately the political realities of the time. Relying on constitutional doctrines to close the widening rift over slavery, he failed to understand that the North would not accept constitutional arguments which favored the South. Nor could he realize how sectionalism had realigned political parties: the Democrats split; the Whigs were destroyed, giving rise to the Republicans. Born into a well-to-do Pennsylvania family in 1791, Buchanan, a graduate of Dickinson College, was gifted as a debater and learned in the law. He was elected five times to the House of Representatives; then, after an interlude as Minister to Russia, served for a decade in the Senate. He became Polkâs Secretary of State and Pierceâs Minister to Great Britain. Service abroad helped to bring him the Democratic nomination in 1856 because it had exempted him from involvement in bitter domestic controversies. As President-elect, Buchanan thought the crisis would disappear if he maintained a sectional balance in his appointments and could persuade the people to accept constitutional law as the Supreme Court interpreted it. The Court was considering the legality of restricting slavery in the territories, and two justices hinted to Buchanan what the decision would be. Thus, in his Inaugural the President referred to the territorial question as âhappily, a matter of but little practical importanceâ since the Supreme Court was about to settle it âspeedily and finally.â Two days later Chief Justice Roger B. Taney delivered the Dred Scott decision, asserting that Congress had no constitutional power to deprive persons of their property rights in slaves in the territories. Southerners were delighted, but the decision created a furor in the North. Buchanan decided to end the troubles in Kansas by urging the admission of the territory as a slave state. Although he directed his Presidential authority to this goal, he further angered the Republicans and alienated members of his own party. Kansas remained a territory. When Republicans won a plurality in the House in 1858, every significant bill they passed fell before southern votes in the Senate or a Presidential veto. The Federal Government reached a stalemate. Sectional strife rose to such a pitch in 1860 that the Democratic Party split into northern and southern wings, each nominating its own candidate for the Presidency. Consequently, when the Republicans nominated Abraham Lincoln, it was a foregone conclusion that he would be elected even though his name appeared on no southern ballot. Rather than accept a Republican administration, the southern âfire-eatersâ advocated secession. President Buchanan, dismayed and hesitant, denied the legal right of states to secede but held that the Federal Government legally could not prevent them. He hoped for compromise, but secessionist leaders did not want compromise. Then Buchanan took a more militant tack. As several Cabinet members resigned, he appointed northerners, and sent the Star of the West to carry reinforcements to Fort Sumter. On January 9, 1861, the vessel was far away. Buchanan reverted to a policy of inactivity that continued until he left office. In March 1861 he retired to his Pennsylvania home Wheatlandâwhere he died seven years laterâleaving his successor to resolve the frightful issue facing the Nation.
James Buchanan, the 15th President of the United States (1857-1861), served immediately prior to the American Civil War. He remains the only President to be elected from Pennsylvania and to remain a lifelong bachelor. Tall, stately, stiffly formal in the high stock he wore around his jowls, James Buchanan was the only President who never married. Presiding over a rapidly dividing Nation, Buchanan grasped inadequately the political realities of the time. Relying on constitutional doctrines to close the widening rift over slavery, he failed to understand that the North would not accept constitutional arguments which favored the South. Nor could he realize how sectionalism had realigned political parties: the Democrats split; the Whigs were destroyed, giving rise to the Republicans. Born into a well-to-do Pennsylvania family in 1791, Buchanan, a graduate of Dickinson College, was gifted as a debater and learned in the law. He was elected five times to the House of Representatives; then, after an interlude as Minister to Russia, served for a decade in the Senate. He became Polkâs Secretary of State and Pierceâs Minister to Great Britain. Service abroad helped to bring him the Democratic nomination in 1856 because it had exempted him from involvement in bitter domestic controversies. As President-elect, Buchanan thought the crisis would disappear if he maintained a sectional balance in his appointments and could persuade the people to accept constitutional law as the Supreme Court interpreted it. The Court was considering the legality of restricting slavery in the territories, and two justices hinted to Buchanan what the decision would be. Thus, in his Inaugural the President referred to the territorial question as âhappily, a matter of but little practical importanceâ since the Supreme Court was about to settle it âspeedily and finally.â Two days later Chief Justice Roger B. Taney delivered the Dred Scott decision, asserting that Congress had no constitutional power to deprive persons of their property rights in slaves in the territories. Southerners were delighted, but the decision created a furor in the North. Buchanan decided to end the troubles in Kansas by urging the admission of the territory as a slave state. Although he directed his Presidential authority to this goal, he further angered the Republicans and alienated members of his own party. Kansas remained a territory. When Republicans won a plurality in the House in 1858, every significant bill they passed fell before southern votes in the Senate or a Presidential veto. The Federal Government reached a stalemate. Sectional strife rose to such a pitch in 1860 that the Democratic Party split into northern and southern wings, each nominating its own candidate for the Presidency. Consequently, when the Republicans nominated Abraham Lincoln, it was a foregone conclusion that he would be elected even though his name appeared on no southern ballot. Rather than accept a Republican administration, the southern âfire-eatersâ advocated secession. President Buchanan, dismayed and hesitant, denied the legal right of states to secede but held that the Federal Government legally could not prevent them. He hoped for compromise, but secessionist leaders did not want compromise. Then Buchanan took a more militant tack. As several Cabinet members resigned, he appointed northerners, and sent the Star of the West to carry reinforcements to Fort Sumter. On January 9, 1861, the vessel was far away. Buchanan reverted to a policy of inactivity that continued until he left office. In March 1861 he retired to his Pennsylvania home Wheatlandâwhere he died seven years laterâleaving his successor to resolve the frightful issue facing the Nation.
James Buchanan, the 15th President of the United States (1857-1861), served immediately prior to the American Civil War. He remains the only President to be elected from Pennsylvania and to remain a lifelong bachelor. Tall, stately, stiffly formal in the high stock he wore around his jowls, James Buchanan was the only President who never married. Presiding over a rapidly dividing Nation, Buchanan grasped inadequately the political realities of the time. Relying on constitutional doctrines to close the widening rift over slavery, he failed to understand that the North would not accept constitutional arguments which favored the South. Nor could he realize how sectionalism had realigned political parties: the Democrats split; the Whigs were destroyed, giving rise to the Republicans. Born into a well-to-do Pennsylvania family in 1791, Buchanan, a graduate of Dickinson College, was gifted as a debater and learned in the law. He was elected five times to the House of Representatives; then, after an interlude as Minister to Russia, served for a decade in the Senate. He became Polkâs Secretary of State and Pierceâs Minister to Great Britain. Service abroad helped to bring him the Democratic nomination in 1856 because it had exempted him from involvement in bitter domestic controversies. As President-elect, Buchanan thought the crisis would disappear if he maintained a sectional balance in his appointments and could persuade the people to accept constitutional law as the Supreme Court interpreted it. The Court was considering the legality of restricting slavery in the territories, and two justices hinted to Buchanan what the decision would be. Thus, in his Inaugural the President referred to the territorial question as âhappily, a matter of but little practical importanceâ since the Supreme Court was about to settle it âspeedily and finally.â Two days later Chief Justice Roger B. Taney delivered the Dred Scott decision, asserting that Congress had no constitutional power to deprive persons of their property rights in slaves in the territories. Southerners were delighted, but the decision created a furor in the North. Buchanan decided to end the troubles in Kansas by urging the admission of the territory as a slave state. Although he directed his Presidential authority to this goal, he further angered the Republicans and alienated members of his own party. Kansas remained a territory. When Republicans won a plurality in the House in 1858, every significant bill they passed fell before southern votes in the Senate or a Presidential veto. The Federal Government reached a stalemate. Sectional strife rose to such a pitch in 1860 that the Democratic Party split into northern and southern wings, each nominating its own candidate for the Presidency. Consequently, when the Republicans nominated Abraham Lincoln, it was a foregone conclusion that he would be elected even though his name appeared on no southern ballot. Rather than accept a Republican administration, the southern âfire-eatersâ advocated secession. President Buchanan, dismayed and hesitant, denied the legal right of states to secede but held that the Federal Government legally could not prevent them. He hoped for compromise, but secessionist leaders did not want compromise. Then Buchanan took a more militant tack. As several Cabinet members resigned, he appointed northerners, and sent the Star of the West to carry reinforcements to Fort Sumter. On January 9, 1861, the vessel was far away. Buchanan reverted to a policy of inactivity that continued until he left office. In March 1861 he retired to his Pennsylvania home Wheatlandâwhere he died seven years laterâleaving his successor to resolve the frightful issue facing the Nation.
James Buchanan, the 15th President of the United States (1857-1861), served immediately prior to the American Civil War. He remains the only President to be elected from Pennsylvania and to remain a lifelong bachelor. Tall, stately, stiffly formal in the high stock he wore around his jowls, James Buchanan was the only President who never married. Presiding over a rapidly dividing Nation, Buchanan grasped inadequately the political realities of the time. Relying on constitutional doctrines to close the widening rift over slavery, he failed to understand that the North would not accept constitutional arguments which favored the South. Nor could he realize how sectionalism had realigned political parties: the Democrats split; the Whigs were destroyed, giving rise to the Republicans. Born into a well-to-do Pennsylvania family in 1791, Buchanan, a graduate of Dickinson College, was gifted as a debater and learned in the law. He was elected five times to the House of Representatives; then, after an interlude as Minister to Russia, served for a decade in the Senate. He became Polkâs Secretary of State and Pierceâs Minister to Great Britain. Service abroad helped to bring him the Democratic nomination in 1856 because it had exempted him from involvement in bitter domestic controversies. As President-elect, Buchanan thought the crisis would disappear if he maintained a sectional balance in his appointments and could persuade the people to accept constitutional law as the Supreme Court interpreted it. The Court was considering the legality of restricting slavery in the territories, and two justices hinted to Buchanan what the decision would be. Thus, in his Inaugural the President referred to the territorial question as âhappily, a matter of but little practical importanceâ since the Supreme Court was about to settle it âspeedily and finally.â Two days later Chief Justice Roger B. Taney delivered the Dred Scott decision, asserting that Congress had no constitutional power to deprive persons of their property rights in slaves in the territories. Southerners were delighted, but the decision created a furor in the North. Buchanan decided to end the troubles in Kansas by urging the admission of the territory as a slave state. Although he directed his Presidential authority to this goal, he further angered the Republicans and alienated members of his own party. Kansas remained a territory. When Republicans won a plurality in the House in 1858, every significant bill they passed fell before southern votes in the Senate or a Presidential veto. The Federal Government reached a stalemate. Sectional strife rose to such a pitch in 1860 that the Democratic Party split into northern and southern wings, each nominating its own candidate for the Presidency. Consequently, when the Republicans nominated Abraham Lincoln, it was a foregone conclusion that he would be elected even though his name appeared on no southern ballot. Rather than accept a Republican administration, the southern âfire-eatersâ advocated secession. President Buchanan, dismayed and hesitant, denied the legal right of states to secede but held that the Federal Government legally could not prevent them. He hoped for compromise, but secessionist leaders did not want compromise. Then Buchanan took a more militant tack. As several Cabinet members resigned, he appointed northerners, and sent the Star of the West to carry reinforcements to Fort Sumter. On January 9, 1861, the vessel was far away. Buchanan reverted to a policy of inactivity that continued until he left office. In March 1861 he retired to his Pennsylvania home Wheatlandâwhere he died seven years laterâleaving his successor to resolve the frightful issue facing the Nation. You are receiving our newsletter because you opted-in for it on one of our sister websites. Itâs a good idea to [whitelist us]( to make sure you get every email. Copyright © 2023 Your Profit Retirement. All Rights Reserved[.]( 33 Irving Pl, New York, NY 10003, United States [Privacy Policy]( l [Terms & Conditions]( [Unsubscribe]( [Your Profit Retirement (Logotype)](