An economic boom usually occurs wherever oil is discovered. State and local governments in particular come out on top, and the growth in the area generates much in the way of income for local businessmen and real estate developers. But in the case of the Prudhoe Bay oil fields in north Alaska, the impact to […]
THE OVERALL IMPACT OF THE TRANS-ALASKA PIPELINE Read More »
During the time the U.S. grew economically after the Civil War ended, a class of ultra rich entrepreneurs rose to the top of many of America’s industries. Those that were the most successful had the backing of crafty financiers to provide large sums of capital when needed and to solve financial problems that blocked or
JOHN PIERPONT MORGAN—AMERICA’S GREATEST FINANCIER Read More »
The Second World War was fought in the far corners of each ocean in the world with many stirring stories about sea chases, with lucky chances, blunders, and skill that shaped the outcome. One of the best of those sea chases took place in late May, 1941, in the North Atlantic. The Battle of the
THE SHORT AND VIOLENT LIFE OF KRIEGSMARINE’S BISMARCK Read More »
In 1708 a small fleet of Spanish ships loaded with treasure obtained from mines in South America was attacked by a flotilla of British warships that aimed to take their cargo. After two hours of fighting, one of the Galleons, the San Joquin, escaped without forfeiting its cargo. Another one, the Santa Cruz, was captured
THE TREASURE TROVE OF THE SPANISH GALLEON SAN JOSE Read More »
The success story of artist turned entrepreneur, Walt Disney, mirrors the early period of growth of the motion picture entertainment industry. He made it to the top of his profession, but he began with a very humble, hard-working start. All along the way there were setbacks, bankruptcies, difficulties with distributors, and people turning their backs
THE SUCCESS STORY OF WALT DISNEY Read More »
In 1907, the U.S. banking system was brought to its knees by a bank panic—a condition where depositors lose confidence in their bank’s ability to pay back their money and thereby withdraw it. This situation occurred several times throughout U.S. history causing economic mayhem until the panic settled back down and liquidity returned to most
HOW THE FEDERAL RESERVE WAS FORMED AND HOW IT FUNCTIONS Read More »
Gaius Caesar Augustus Germanicus, also known by his nickname Caligula, became Romes’s third emperor at the age of twenty-four. He has been depicted in literature as hedonistic, capricious, sadistic, and probably insane. His reign as emperor became chaos and lasted only about four years before he was finally assassinated by his own guards. But what
WAS ROMAN EMPEROR CALIGULA ACTUALLY A DEMENTED SADIST? Read More »
After the crucifixion of Jesus Christ, the concept of Christianity was in its infancy struggling to survive. Conflicts with traditional Judaism arose that lead to charges of heresy and persecution of Christians. These clashes were sometimes violent resulting in the death of the proclaimed heretic. Then a savior of a different sort emerged and brought
EARLY CHRISTIANITY’S GREATEST ADVOCATE Read More »
On March 13, 2024, The House of Representatives of the U.S. Congress voted to outlaw the distribution of all “foreign-adversary-controlled applications.” Although the bill that passed the House could have far reaching implications for numerous applications, the debate was centered around one—TikTok. The impact would mean a change for 170 million American TikTok users that
SHOULD AMERICA OUTLAW TIKTOK? Read More »
Chinese emigration is on a long-term rising trend. Many Chinese of all stripes have mustered the courage to leave China for a better life in another country. However, thanks to the current regime, the shadow of the Chinese Communist Party follows all emigrants wherever they go. Just as the regime expects proper political behavior at
THE DIFFICULTIES FACING CHINESE EMIGRANTS Read More »