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Posts Tagged ‘World War I’

Daylight Saving Time

March 9th, 2014 Comments off

Daylight saving time has started this weekend, as we turned out clocks forward one hour, resulting in giving us more daylight at the end of the day.?

My grandmother was a music teacher.? She always kept two clocks on her piano.? She was a religious woman and said one of the clocks was set to God’s time and the other to man’s time.? The one set on standard time she called God’s time, and the one on daylight saving time she called man’s time.? The family always joked about it, but it was no joking matter to her.? The two clocks remained on her piano year around.

Most authorities agree that the world is divided into twenty-four times zones.? Prior to the advent of railroads there was no reason for time zones to be standardized, and countries and cities had their own ways of determining what time it was.? But with the advent of a single mode of uninterrupted travel, Read more…

The National Debt

February 24th, 2014 Comments off

Democrats and Republicans are blitzing us with propaganda about the national debt.? My purpose here is not to side with either political party, but to add understating to the subject. ?Contrary to what many people think, China is not our largest creditor.? Our largest creditor is our Social Security Trust Fund.? But, if that?s the case, are we really in debt?? Do we have to pay ourselves back?? To understand all of this, let?s take a very brief look at history.?

Alexander Hamilton, the first United States Treasurer, was also experienced in banking.? Each state had accumulated debt in helping finance the Revolutionary War (1775-1783).? In 1790, Hamilton instituted a program of repaying the war debt to each of the thirteen states.? The payments were from the federal treasury with a certain amount going to each state, earmarking how much was for interest and how much for principal.???

For the next one hundred twenty-five years, the primary debt our nation took on was for fighting wars?the War of 1812, Read more…