Topic: United States (Page 27)
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π Oswald the Lucky Rabbit
Oswald the Lucky Rabbit (also known as Oswald the Rabbit, Oswald Rabbit, and Ozzie) is an animated cartoon character created in 1927 by Walt Disney and Ub Iwerks for Universal Pictures. He starred in several animated short films released to theaters from 1927 to 1938. Twenty-seven animated Oswald shorts were produced at the Walt Disney Studio. After Universal took control of Oswald's character in 1928, Disney created Mickey Mouse as a replacement to Oswald.
In 2003, Buena Vista Games pitched a concept for an Oswald-themed video game to then-Disney President and future-CEO Bob Iger, who became committed to acquiring the rights to Oswald. In 2006, The Walt Disney Company acquired the trademark of Oswald (with NBCUniversal effectively trading Oswald for the services of Al Michaels as play-by-play announcer on NBC Sunday Night Football).
Oswald returned in Disney's 2010 video game, Epic Mickey. The game's metafiction plot parallels Oswald's real-world history, dealing with the character's feelings of abandonment by Disney and envy toward Mickey Mouse. He has since appeared in Disney theme parks and comic books, as well as two follow-up games, Epic Mickey 2: The Power of Two and Epic Mickey: Power of Illusion. Oswald made his first appearance in an animated production in 85 years through his cameo appearance in the 2013 animated short Get a Horse! He was the subject of the 2015 feature film Walt Before Mickey. Oswald also appears as a townsperson in Disney Infinity 2.0. In 2022, Oswald appeared in a new short produced by Disney. He also has a cameo appearance in Once Upon a Studio.
In January 2023, the copyrights on several of the original Oswald shorts, as well as the character, expired. Those films and the character are now in the public domain. In 2024, it was announced that the character will appear in Oswald: Down the Rabbit Hole, an upcoming horror film directed by Lilton Stewart III, starring Ernie Hudson as the titular character.
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- "Oswald the Lucky Rabbit" | 2025-06-15 | 19 Upvotes 2 Comments
π Kavanaugh Stop
A Kavanaugh stop is a law enforcement practice in the United States in which federal agents can stop and briefly detain a person based on their perceived ethnicity, spoken language, or occupation in consideration with other factors. Kavanaugh stops originated in a September 2025 Supreme Court concurrence by Justice Brett Kavanaugh in Noem v. Vasquez Perdomo.
π The Panic of 1907
The Panic of 1907 β also known as the 1907 Bankers' Panic or Knickerbocker Crisis β was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the New York Stock Exchange fell almost 50% from its peak the previous year. Panic occurred, as this was during a time of economic recession, and there were numerous runs on banks and trust companies. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered bankruptcy. Primary causes of the run included a retraction of market liquidity by a number of New York City banks and a loss of confidence among depositors, exacerbated by unregulated side bets at bucket shops.
The panic was triggered by the failed attempt in October 1907 to corner the market on stock of the United Copper Company. When this bid failed, banks that had lent money to the cornering scheme suffered runs that later spread to affiliated banks and trusts, leading a week later to the downfall of the Knickerbocker Trust CompanyβNew York City's third-largest trust. The collapse of the Knickerbocker spread fear throughout the city's trusts as regional banks withdrew reserves from New York City banks. Panic extended across the nation as vast numbers of people withdrew deposits from their regional banks. It is the 9th largest decline in U.S. stock market history.
The panic might have deepened if not for the intervention of financier J. P. Morgan, who pledged large sums of his own money, and convinced other New York bankers to do the same, to shore up the banking system. This highlighted the impotence of the nation's Independent Treasury system, which managed the nation's money supply yet was unable to inject liquidity back into the market. By November, the financial contagion had largely ended, only to be replaced by a further crisis. This was due to the heavy borrowing of a large brokerage firm that used the stock of Tennessee Coal, Iron and Railroad Company (TC&I) as collateral. Collapse of TC&I's stock price was averted by an emergency takeover by Morgan's U.S. Steel Corporationβa move approved by anti-monopolist president Theodore Roosevelt. The following year, Senator Nelson W. Aldrich, a leading Republican, established and chaired a commission to investigate the crisis and propose future solutions, leading to the creation of the Federal Reserve System.
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- "The Panic of 1907" | 2021-09-02 | 18 Upvotes 2 Comments
π Companies of the United States with untaxed profits
Companies of the United States with untaxed profits deals with those U.S. companies whose offshore subsidiaries earn profits which are retained in foreign countries to defer paying U.S. corporate tax. The profits of United States corporations are subject to a federal corporate tax rate of 21%. In principle, the tax is payable on all profits of corporations, whether earned domestically or abroad. However, overseas subsidiaries of U.S. corporations are entitled to a tax deferral of profits on active income until repatriated to the U.S., and are regarded as untaxed. When repatriated, the corporations are entitled to a foreign tax credit for taxes (if any) paid in foreign countries.
Retaining such profits offshore may be regarded as a tax strategy. Many corporations have accumulated substantial untaxed profits offshore, especially in countries with low corporate tax rates. In recent years it has been estimated that untaxed profits range from US$1.6 to $2.1 trillion. The Wall Street Journal noted that the "[u]ntaxed foreign earnings are part of a contentious debate over U.S. fiscal policy and tax code." The profits earned abroad and retained there are subject to a foreign exchange risk, besides other financial risks.
The downside of a strategy of retaining profits offshore is that corporations may want or need to pay dividends to shareholders, or to make investments in the United States, besides other reasons. The alternative may be to borrow funds in the U.S., or access the funds retained offshore in the form of inter-company loans.
The Tax Cuts and Jobs Act of 2017 (TCJA) imposed a one time tax on these offshore profits at 8% (non-cash) and 15.5% (cash) respectively. The Act also includes a provision that taxes all foreign profits in the US in the year they are earned ending the ability of US companies to defer paying US tax on unrepatriated earnings.
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- "Companies of the United States with untaxed profits" | 2022-01-09 | 16 Upvotes 4 Comments
π The Pizza Meter
The Pizza Meter refers to sudden increases of pizza orders from U.S. government offices, such as the White House and The Pentagon, before large events such as the Iraqi invasion of Kuwait, the Panama Invasion, and the Grenada invasion.
On the night of August 1, 1990, the night before the Iraqi invasion of Kuwait, military personnel at The Pentagon came together to discuss issues in the Middle East. According to Frank Meeks, the owner of Washington, D.C.'s Domino's Pizza franchise of 45 restaurants, the CIA ordered a record-breaking 21 pizzas from Domino's that night. Between January 7 to January 16, 1991, the number of pizza deliveries to the Pentagon past 10 p.m reached 101, with another 55 pizzas delivered to the White House on January 16 between 10 p.m. and 2 a.m.
Meeks tied the influx of pizza orders from the Pentagon, White House, and the CIA to oncoming major announcements from the White House, publicizing his observations. Consequently, the public nicknamed the event "The Pizza Meter". Shortly after Meeks' comments were released, government offices no longer ordered from Domino's branches in Washington, opting to buy pizza at separate times or at different pizza joints.
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- "The Pizza Meter" | 2024-03-24 | 18 Upvotes 2 Comments
π LOVEINT
LOVEINT is the practice of intelligence service employees making use of their extensive monitoring capabilities to spy on their love interest or spouse. The term was coined in resemblance to intelligence terminology such as SIGINT, COMINT or HUMINT.
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- "LOVEINT" | 2023-10-21 | 16 Upvotes 3 Comments
π Jimmy Carter rabbit incident
The Jimmy Carter rabbit incident, sensationalized as the "killer rabbit attack" by the press, involved a swamp rabbit (Sylvilagus aquaticus) that swam toward then-U.S. President Jimmy Carter's fishing boat on April 20, 1979. The incident caught the imagination of the media after Carter's press secretary, Jody Powell, mentioned the event to a correspondent months later.
Political opponents argued that the incident was symbolic of Carter's purported weakness. According to Powell, anti-Carter political commentators went so far as to blame it for the Soviet invasion of Afghanistan and the Iran hostage crisis.
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- "Jimmy Carter rabbit incident" | 2023-08-02 | 12 Upvotes 7 Comments
π Expert Wizard Amendment
The expert wizard amendment was a proposed amendment by New Mexico state senator Duncan Scott, which would require psychologists and psychiatrists to dress up as wizards when they were in court proceedings providing expert testimony regarding a defendant's competency. The amendment, proposed in 1995, passed New Mexico's Senate unanimously. Scott revealed the amendment was satirical prior to a vote in New Mexico House of Representatives following which it was removed and thus never signed into law.
Scott said that he crafted the amendment because he felt that there were an excessive number of mental health practitioners acting as expert witnesses.
π Diego Garcia
Diego Garcia () is the largest island of the Chagos Archipelago. It has been used as a joint UKβU.S. military base since the 1970s, following the expulsion of the Chagossians by the UK government. The Chagos Islands are a British overseas territory, though a treaty to transfer sovereignty from the UK to Mauritius was signed on 22 May 2025, with a provision that the military base at the island would remain under British control for at least 99 years. The agreement may be renewed for an additional 40 years after the initial 99-year period, and for an additional period thereafter. The UK government expected the treaty to be ratified sometime in 2026. The UN Committee on the Elimination of Racial Discrimination has expressed "deep concern" at the terms of the deal.
Located just south of the equator in the central Indian Ocean, Diego Garcia lies 3,535Β km (2,197Β mi) east of Tanzania, 2,984Β km (1,854Β mi) east-southeast of Somalia, 726Β km (451Β mi) south of the Maldives, 1,796Β km (1,116Β mi) southwest of India, 2,877Β km (1,788Β mi) west-southwest of Sumatra, 4,723Β km (2,935Β mi) northwest of Australia, and 2,112Β km (1,312Β mi) northeast of Mauritius Island. Diego Garcia is part of the ChagosβLaccadive Ridge, an underwater mountain range that includes the Lakshadweep, the Maldives, and the other 60 small islands of the Chagos Archipelago. The island observes UTC+6 year-round.
Diego Garcia was discovered by Portuguese sailors in 1512 and remained uninhabited until the French began using it as a leper colony and for coconut plantations in the late 18th century. After the Napoleonic Wars, the island was transferred to British control. It remained part of Mauritius until 1965, when it became part of the newly formed British Indian Ocean Territory (BIOT).
In 1966, Diego Garcia had a population of 924, mostly contract workers employed in coconut plantations. However, between 1968 and 1973, the Chagossian inhabitants were forcibly removed to make way for the military base. In 2019, the International Court of Justice issued a non-binding advisory opinion that the decolonisation of Mauritius had not been lawfully completed when it gained independence in 1968, and that the UK was "under an obligation to end its administration of the Chagos Archipelago as rapidly as possible". The United Nations General Assembly later voted overwhelmingly in favour of a resolution endorsing this opinion and calling on the UK to end its administration, though the UK has dismissed the ruling as non-binding.
Until the resettlement of Γle du Coin, Diego Garcia remained the only inhabited island of the BIOT, with a population of around 4,000 consisting predominantly of military personnel. It is one of two critical U.S. bomber bases in the Indo-Pacific region, alongside Andersen Air Force Base in Guam. It is nicknamed the "Footprint of Freedom" by the U.S. Navy due to its shape and strategic location in the Indian Ocean.
π Albert's Swarm
Albert's swarm was an immense concentration of the Rocky Mountain locust that swarmed the Western United States in 1875. It was named after Albert Child, a physician interested in meteorology, who calculated the size of the swarm to 198,000 square miles (510,000Β km2) by multiplying the swarm's estimated speed with the time it took for it to move through southern Nebraska.
The 1875 swarm is referred to repeatedly in a western Missouri historical record that explains:
It was the year 1875 that will long be remembered by the people of at least four states, as the grasshopper year. The scourge struck Western Missouri April, 1875, and commenced devastating some of the fairest portions of our noble commonwealth. They gave Henry [County] an earnest and overwhelming visitation, and demonstrated with an amazing rapidity that their appetite was voracious, and that everything green belonged to them for their sustenance.
One estimate numbers the locusts in the swarm at 3.5 trillion. Another estimate numbers the swarm at 12.5 trillion, which is the greatest concentration of animals ever speculatively guessed, according to Guinness World Records.
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- "Albert's Swarm" | 2026-03-21 | 16 Upvotes 3 Comments