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🔗 United States 🔗 Biography 🔗 Military history 🔗 Military history/North American military history 🔗 Military history/United States military history 🔗 Science Fiction 🔗 Biography/science and academia 🔗 Military history/Military biography 🔗 Biography/military biography 🔗 Biography/arts and entertainment 🔗 Chicago 🔗 United States/Massachusetts - Cape Cod and the Islands 🔗 United States/Indiana - Indianapolis

Kurt Vonnegut Jr. (; November 11, 1922 – April 11, 2007) was an American writer. In a career spanning over 50 years, Vonnegut published fourteen novels, three short story collections, five plays, and five works of non-fiction, with further collections being published after his death. He is most famous for his darkly satirical, best-selling novel Slaughterhouse-Five (1969).

Born and raised in Indianapolis, Indiana, Vonnegut attended Cornell University but dropped out in January 1943 and enlisted in the United States Army. As part of his training, he studied mechanical engineering at Carnegie Institute of Technology (now Carnegie Mellon University) and the University of Tennessee. He was then deployed to Europe to fight in World War II and was captured by the Germans during the Battle of the Bulge. He was interned in Dresden and survived the Allied bombing of the city by taking refuge in a meat locker of the slaughterhouse where he was imprisoned. After the war, Vonnegut married Jane Marie Cox, with whom he had three children. He later adopted his sister's three sons, after she died of cancer and her husband was killed in a train accident.

Vonnegut published his first novel, Player Piano, in 1952. The novel was reviewed positively but was not commercially successful. In the nearly 20 years that followed, Vonnegut published several novels that were only marginally successful, such as Cat's Cradle (1963) and God Bless You, Mr. Rosewater (1964). Vonnegut's breakthrough was his commercially and critically successful sixth novel, Slaughterhouse-Five. The book's anti-war sentiment resonated with its readers amidst the ongoing Vietnam War and its reviews were generally positive. After its release, Slaughterhouse-Five went to the top of The New York Times Best Seller list, thrusting Vonnegut into fame. He was invited to give speeches, lectures and commencement addresses around the country and received many awards and honors.

Later in his career, Vonnegut published several autobiographical essays and short-story collections, including Fates Worse Than Death (1991), and A Man Without a Country (2005). After his death, he was hailed as a morbidly comical commentator on the society in which he lived and as one of the most important contemporary writers. Vonnegut's son Mark published a compilation of his father's unpublished compositions, titled Armageddon in Retrospect. In 2017, Seven Stories Press published Complete Stories, a collection of Vonnegut's short fiction including five previously unpublished stories. Complete Stories was collected and introduced by Vonnegut friends and scholars Jerome Klinkowitz and Dan Wakefield. Numerous scholarly works have examined Vonnegut's writing and humor.

🔗 United States 🔗 Biography 🔗 Biography/arts and entertainment 🔗 United States/Massachusetts

Timothy Dexter (January 22, 1747 – October 23, 1806) was an American businessman noted for his writing and eccentricity.

🔗 United States 🔗 Biography 🔗 Canada 🔗 Business

Herbert Henry Dow (February 26, 1866 – October 15, 1930) was a Canadian-born American chemical industrialist, best known as the founder of the American multinational conglomerate Dow Chemical. He was a graduate of Case School of Applied Science in Cleveland, Ohio. He was a prolific inventor of chemical processes, compounds, and products, and was a successful businessman.

🔗 United States 🔗 Law 🔗 Poland

Tadeusz Kościuszko (1746–1817), a prominent figure in the history of the Polish-Lithuanian Commonwealth and the American Revolution, made several wills, notably one in 1798 stipulating that the proceeds of his American estate be spent on freeing and educating African-American slaves, including those of his friend Thomas Jefferson, whom he named as the will's executor. Jefferson refused the executorship and the will was beset by legal complications, including the discovery of later wills. Jefferson's refusal incited discussion in the 19th, 20th, and 21st centuries. Kościuszko returned to Europe in 1798 and lived there until his 1817 death in Switzerland. In the 1850s, what was left of the money in Kościuszko's U.S. trust was turned over by the U.S. Supreme Court to his heirs in Europe.

🔗 United States 🔗 International relations 🔗 Politics 🔗 Cold War

The Doomsday Clock is a symbol that represents the likelihood of a man-made global catastrophe. Maintained since 1947 by the members of the Bulletin of the Atomic Scientists, the Clock is a metaphor for threats to humanity from unchecked scientific and technical advances. The Clock represents the hypothetical global catastrophe as "midnight" and the Bulletin's opinion on how close the world is to a global catastrophe as a number of "minutes" to midnight, assessed in January of each year. The main factors influencing the Clock are nuclear risk and global warming (climate change). The Bulletin's Science and Security Board also monitors new developments in the life sciences and technology that could inflict irrevocable harm to humanity.

The Clock's original setting in 1947 was seven minutes to midnight. It has been set backward and forward 24 times since then, the largest-ever number of minutes to midnight being 17 (in 1991), and the smallest 100 seconds (1 minute and 40 seconds) in January 2020.

The clock was set at two minutes to midnight in January 2018, and left unchanged in 2019 due to the twin threats of nuclear weapons and the increasing effects of global warming. On 23 January 2020, it was moved forward to 100 seconds (1 minute 40 seconds) before midnight, based on the increased threats to global stability posed by "a nuclear blunder", exacerbated by the rate of climate change.

🔗 United States 🔗 Film 🔗 Library of Congress 🔗 Film/American cinema 🔗 Film/Silent films 🔗 Film/Documentary films 🔗 United States/Film - American cinema

A Trip Down Market Street is a 13-minute actuality film recorded by placing a movie camera on the front of a cable car as it traveled down San Francisco’s Market Street. The film shows many details of daily life in a major early 20th century American city, including the transportation, fashions and architecture of the era. The film begins at 8th Street and continues eastward to the cable car turntable, at The Embarcadero, in front of the Ferry Building. Landmarks passed in the latter part of the first half include the Call Building (then San Francisco's tallest) and the Palace Hotel (both on the right; Lotta's Fountain is on the left between the two but is in the shade). The film was produced by the four Miles brothers: Harry, Herbert, Earle and Joe. It is notable for capturing San Francisco four days before the 1906 San Francisco earthquake, which started on the morning of Wednesday, April 18, 1906.

The Miles brothers had been producing films in New York including films shot in San Francisco. In September 1905 they shot the fight between Oscar "Battling" Nelson and Jimmy Britt in Colma, California, just south of San Francisco city limits. The Miles brothers established a studio at 1139 Market Street in San Francisco in early 1906. They shot a railroad descent down Mount Tamalpais as well as the Market Street film. On April 17, Harry and Joe Miles boarded a train for New York, taking the two films with them, but they heard about the earthquake and sent the films to New York while they boarded another train headed back to San Francisco. The Turk Street house of Earle Miles survived the earthquake and subsequent catastrophic fire but the studio did not. The Miles brothers based their business out of Earle's home, and shot more film of post-earthquake scenes; some of this footage, including that of a second trip down a now devastated Market Street, reemerged in 2016. It is likely that the Market Street film survives today because it was sent away before the fire.

Several 35mm prints exist with slight changes in footage. Copies are held at the Library of Congress and the Prelinger Archives. A digital version is viewable online at Internet Archive, YouTube and Wikimedia Commons. In 2010, the film was selected for preservation in the National Film Registry by the Library of Congress.

🔗 United States/U.S. Government 🔗 United States 🔗 Mass surveillance 🔗 Espionage 🔗 Military history 🔗 Military history/North American military history 🔗 Military history/United States military history 🔗 United States/Military history - U.S. military history 🔗 Military history/Military science, technology, and theory 🔗 Military history/Intelligence 🔗 United Kingdom 🔗 Military history/Australia, New Zealand and South Pacific military history 🔗 Military history/Canadian military history 🔗 Military history/European military history 🔗 Military history/British military history

ECHELON, originally a secret government code name, is a surveillance program (signals intelligence/SIGINT collection and analysis network) operated by the United States with the aid of four other signatory states to the UKUSA Security Agreement: Australia, Canada, New Zealand, and the United Kingdom, also known as the Five Eyes.

Created in the late 1960s to monitor the military and diplomatic communications of the Soviet Union and its Eastern Bloc allies during the Cold War, the ECHELON project became formally established in 1971.

By the end of the 20th century, the system referred to as "ECHELON" had evolved beyond its military and diplomatic origins into "a global system for the interception of private and commercial communications" (mass surveillance and industrial espionage).

🔗 United States 🔗 Biography 🔗 Africa 🔗 Poetry 🔗 Women's History 🔗 Women writers 🔗 United States/Massachusetts 🔗 African diaspora 🔗 United States History 🔗 United States/Massachusetts - Boston 🔗 Africa/Gambia

Phillis Wheatley, also spelled Phyllis and Wheatly (c. 1753 – December 5, 1784) was the first African-American woman to publish a book of poetry. Born in West Africa, she was sold into slavery at the age of seven or eight and transported to North America. She was purchased by the Wheatley family of Boston, who taught her to read and write and encouraged her poetry when they saw her talent.

On a 1773 trip to London with her master's son, seeking publication of her work, she was aided in meeting prominent people who became patrons. The publication in London of her Poems on Various Subjects, Religious and Moral on September 1, 1773, brought her fame both in England and the American colonies. Figures such as George Washington praised her work. A few years later, African-American poet Jupiter Hammon praised her work in a poem of his own.

Wheatley was emancipated (set free) by the Wheatleys shortly after the publication of her book. She married in about 1778. Two of her children died as infants. After her husband was imprisoned for debt in 1784, Wheatley fell into working poverty and died of illness. Her last infant son died soon after.

🔗 United States/U.S. Government 🔗 United States 🔗 Finance & Investment 🔗 Economics 🔗 Numismatics

The everything bubble refers to the correlated impact of monetary easing by the Federal Reserve (and followed by the ECB and the BOJ), on asset prices in most asset classes, namely equities, housing, bonds, many commodities, and even exotic assets such as cryptocurrencies and SPACs. The term is related to the Fed put, being the tools of direct and indirect quantative easing that the Fed used to execute the monetary easing, and to modern monetary theory, which advocates use of such tools, even in non-crisis periods, to create economic growth through asset price inflation. The term first came in use during the chair of Janet Yellen, but it is most associated with the subsequent chair of Jerome Powell, and the 2020–2021 period of the coronavirus pandemic.

The everything bubble was not only notable for the simultaneous extremes in valuations recorded in a wide range of asset classes and the high level of speculation in the market, but also that this was achieved in a period of recession, high unemployment, trade wars, and political turmoil – leading to a realization that it was uniquely a central bank creation, with concerns on the independence and integrity of market pricing, and on the Fed's impact on wealth inequality.

Bloomberg attributed Powell's maintenance of monetary stimulus into 2021 (the final year of his first term as Fed chair), in spite of warnings of unprecedented levels of market risk and speculation, to his fear of repeating the crash in Q4 2018 when he started quantitative tightening; thus extending the bubble.

High up on his [President Biden] list, and sooner rather than later, will be dealing with the consequences of the biggest financial bubble in U.S. history. Why the biggest? Because it encompasses not just stocks but pretty much every other financial asset too. And for that, you may thank the Federal Reserve.

🔗 United States 🔗 Numismatics 🔗 Numismatics/American currency 🔗 U.S. Congress

The United States Gold Reserve Act of January 30, 1934 required that all gold and gold certificates held by the Federal Reserve be surrendered and vested in the sole title of the United States Department of the Treasury. It also prohibited the Treasury and financial institutions from redeeming dollar bills for gold, established the Exchange Stabilization Fund under control of the Treasury to control the dollar’s value without the assistance (or approval) of the Federal Reserve, and authorized the president to establish the gold value of the dollar by proclamation.

Immediately following passage of the Act, the President, Franklin D. Roosevelt, changed the statutory price of gold from $20.67 per troy ounce to $35. This price change incentivized gold miners globally to expand production and foreigners to export their gold to the United States, while simultaneously devaluing the U.S. dollar by increasing inflation. The increase in gold reserves due to the price change resulted in a large accumulation of gold in the Federal Reserve and U.S. Treasury, much of which was stored in the United States Bullion Depository at Fort Knox and other locations. The increase in gold reserves increased the money supply, lowering real interest rates which in turn increased investment in durable goods.

A year earlier, in 1933, Executive Order 6102 had made it a criminal offense for U.S. citizens to own or trade gold anywhere in the world, with exceptions for some jewelry and collector's coins. These prohibitions were relaxed starting in 1964 – gold certificates were again allowed for private investors on April 24, 1964, although the obligation to pay the certificate holder on demand in gold specie would not be honored. By 1975 Americans could again freely own and trade gold.