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The Dutch Tulip Bubble of 1637
The later part of the 20th century saw its share of odd financial bubbles. There was the real-estate bubble, the stock market bubbles, and the dot com bubble, just to name a few. In each instance of price inflation people paid exorbitant amounts for things that shouldn’t have been worth anything like the going price. And each time people stood around afterwards and said “What were we thinking?”
One has to believe that the same thought occurred to the Dutch in the 17th century when they settled down after their bout with tulipomania, wherein the humble tulip bulb began to sell for prices to make New York Realtors blanch.
As much as the tulip is associated with Holland, it is not native there. Rather it was introduced in 1593 by a botanist named Carolus Clusius, who brought it from Constantinople. He planted a small garden, intending to research the plant for medicinal purposes. Had Clusius’s neighbors been morally upright, the tulip might still be a rare exotic in the gardening world. Instead they broke into his garden and stole some of his bulbs in order to make some quick money, and in the process started the Dutch bulb trade
http://www.damninteresting.com/the-dutch-tulip-bubble-of-1637/
Just sayin!
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Interesting times we live in for sure.
A shocking new study from the American Action Forum (AAF) reveals that President Trump has already, in just his first 3 months in office, saved the American people
five regulations would have cost more than $86 billion in federal funds. Easily the largest rule was the Department of Education’s “Accountability and State Plans” final measure, implementing the “Every Student Succeeds Act.” The regulatory burdens were notable ($73 million in costs and 930,000 paperwork burden hours), but the fiscal imposition could have topped $86 billion alone. The largest component, which was not necessarily struck down by the CRA vote, would have spent $59 billion to fund operations at state and local educational agencies. These are known as Title I funds and likely unaffected by the CRA vote. The regulation contained certain conditions for accessing these funds, but they have still been appropriated and authorized. In addition, “Supporting Effective Instruction” would have appropriated an additional $9.3 billion. Combined, appropriations, “over and above what would have been spent,” reached $86.9 billion…
Regulatory reform has taken many shapes during the Trump Administration: CRA votes, increased flexibility in compliance, and formal reviews of major rules. As AAF has documented, this has the ability to generate more than $60 billion in cost savings for American businesses, investors, and consumers. These benefits, through just the first few months of an administration, are profound, but the fiscal savings of regulatory reform should not be overlooked. Broad reforms have the ability to generate billions of dollars in taxpayer savings, and millions of fewer paperwork hours.
http://constitution.com/shocking-new-study-shows-trump-already-save...
12 http://dailycaller.com/2017/06/09/12-staffers-at-dem-linked-group-c... Democrats arrested on voter fraud charges.
12 Democrat officials arrested on voter fraud
The Quiet Revolution: How the New Left Took Over the Democratic Party
Frustration with division and gridlock in Washington leads many Americans to impugn both political parties for the current broken and ineffective state of government. There is plenty of blame to go around, but below the surface there has been a quiet revolution going on in only one of the two parties -- the Democratic Party -- which is the main source of today’s irreconcilable division and moral confusion.
http://www.americanthinker.com/articles/2015/08/the_quiet_revolutio...
Trumps approval ratting hits 50%https://www.usatoday.com/story/news/politics/onpolitics/2017/06/16/...
30 Democrats were found having meetings with the Russoans...
Maxine is a criminal..
A friend of Maxine...
What a little Creep
“In the weeks to come, there will be a bunch of news stories that will explain what happened and why it happened,” O’Reilly said. “It’s pretty grisly. It’s pretty nasty. It has to do with far-left progressive organizations that are bent on destroying anybody with whom they disagree, including the president.”
https://www.patriotbeacon.com/2017/06/bill-oreilly-drops-bomb-fox-n...
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