Editor's note The Classy Investors is dedicated to providing readers like you with unique opportunities. The message below from one of our business associates is one we believe you should take a serious look at.
A man who's met the company Chairman multiple times and attended every annual meeting for the past 20+ years predicts it could dоubІе уоur mоnеу over the long run if you gеt іn rіght nоw.
In the 1960 campaign, Lyndon B. Johnson was elected Vice President as John F. Kennedy's running mate. On November 22, 1963, when Kennedy was assassinated, Johnson was sworn in as the 36th United States President, with a vision to build "A Great Society" for the American people. "A Great Society" for the American people and their fellow men elsewhere was the vision of Lyndon B. Johnson. In his first years of office he obtained passage of one of the most extensive legislative programs in the Nation's history. Maintaining collective security, he carried on the rapidly growing struggle to restrain Communist encroachment in Vietnam. Johnson was born on August 27, 1908, in central Texas, not far from Johnson City, which his family had helped settle. He felt the pinch of rural poverty as he grew up, working his way through Southwest Texas State Teachers College (now known as Texas State University-San Marcos); he learned compassion for the poverty of others when he taught students of Mexican descent. In 1937 he campaigned successfully for the House of Representatives on a New Deal platform, effectively aided by his wife, the former Claudia "Lady Bird" Taylor, whom he had married in 1934. During World War II he served briefly in the Navy as a lieutenant commander, winning a Silver Star in the South Pacific. After six terms in the House, Johnson was elected to the Senate in 1948. In 1953, he became the youngest Minority Leader in Senate history, and the following year, when the Democrats won control, Majority Leader. With rare skill he obtained passage of a number of key Eisenhower measures. In the 1960 campaign, Johnson, as John F. Kennedy's running mate, was elected Vice President. On November 22, 1963, when Kennedy was assassinated, Johnson was sworn in as President. First he obtained enactment of the measures President Kennedy had been urging at the time of his death–a new civil rights bill and a tax cut. Next he urged the Nation "to build a great society, a place where the meaning of man's life matches the marvels of man's labor." In 1964, Johnson won the Presidency with 61 percent of the vote and had the widest popular margin in American history–more than 15,000,000 votes. The Great Society program became Johnson's agenda for Congress in January 1965: aid to education, attack on disease, Medicare, urban renewal, beautification, conservation, development of depressed regions, a wide-scale fight against poverty, control and prevention of crime and delinquency, removal of obstacles to the right to vote. Congress, at times augmenting or amending, rapidly enacted Johnson's recommendations. Millions of elderly people found succor through the 1965 Medicare amendment to the Social Security Act. Under Johnson, the country made spectacular explorations of space in a program he had championed since its start. When three astronauts successfully orbited the moon in December 1968, Johnson congratulated them: "You've taken … all of us, all over the world, into a new era. . . . " Nevertheless, two overriding crises had been gaining momentum since 1965. Despite the beginning of new antipoverty and anti-discrimination programs, unrest and rioting in black ghettos troubled the Nation. President Johnson steadily exerted his influence against segregation and on behalf of law and order, but there was no early solution. The other crisis arose from Viet Nam. Despite Johnson's efforts to end Communist aggression and achieve a settlement, fighting continued. Controversy over the war had become acute by the end of March 1968, when he limited the bombing of North Vietnam in order to initiate negotiations. At the same time, he startled the world by withdrawing as a candidate for re-election so that he might devote his full efforts, unimpeded by politics, to the quest for peace. When he left office, peace talks were under way; he did not live to see them successful, but died suddenly of a heart attack at his Texas ranch on January 22, 1973.
While I don't see eye to eye with Dimon on everything, I do agree this power grab could devastate our economy… and mіІІіоns of retirement portfolios along with it.
His name is Whitney Tilson – a former hedge fund manager of $200 mіІІіоn in assets, who knows more about this stock than almost anyone outside the company itself.
George H. W. Bush, as the 41st President (1989-1993), brought to the White House a dedication to traditional American values and a determination to direct them toward making the United States "a kinder and gentler nation" in the face of a dramatically changing world. George Bush brought to the White House a dedication to traditional American values and a determination to direct them toward making the United States "a kinder and gentler nation." In his Inaugural Address he pledged in "a moment rich with promise" to use American strength as "a force for good." Coming from a family with a tradition of public service, George Herbert Walker Bush felt the responsibility to make his contribution both in time of war and in peace. Born in Milton, Massachusetts, on June 12, 1924, he became a student leader at Phillips Academy in Andover. On his 18th birthday he enlisted in the armed forces. The youngest pilot in the Navy when he received his wings, he flew 58 combat missions during World War II. On one mission over the Pacific as a torpedo bomber pilot he was shot down by Japanese antiaircraft fire and was rescued from the water by a U. S. submarine. He was awarded the Distinguished Flying Cross for bravery in action. Bush next turned his energies toward completing his education and raising a family. In January 1945 he married Barbara Pierce. They had six children– George, Robin (who died as a child), John (known as Jeb), Neil, Marvin, and Dorothy. At Yale University he excelled both in sports and in his studies; he was captain of the baseball team and a member of Phi Beta Kappa. After graduation Bush embarked on a career in the oil industry of West Texas. Like his father, Prescott Bush, who was elected a Senator from Connecticut in 1952, George became interested in public service and politics. He served two terms as a Representative to Congress from Texas. Twice he ran unsuccessfully for the Senate. Then he was appointed to a series of high-level positions: Ambassador to the United Nations, Chairman of the Republican National Committee, Chief of the U. S. Liaison Office in the People's Republic of China, and Director of the Central Intelligence Agency. In 1980 Bush campaigned for the Republican nomination for President. He lost, but was chosen as a running mate by Ronald Reagan. As Vice President, Bush had responsibility in several domestic areas, including Federal deregulation and anti-drug programs, and visited scores of foreign countries. In 1988 Bush won the Republican nomination for President and, with Senator Dan Quayle of Indiana as his running mate, he defeated Massachusetts Governor Michael Dukakis in the general election. Bush faced a dramatically changing world, as the Cold War ended after 40 bitter years, the Communist empire broke up, and the Berlin Wall fell. The Soviet Union ceased to exist; and reformist President Mikhail Gorbachev, whom Bush had supported, resigned. While Bush hailed the march of democracy, he insisted on restraint in U. S. policy toward the group of new nations. In other areas of foreign policy, President Bush sent American troops into Panama to overthrow the corrupt regime of General Manuel Noriega, who was threatening the security of the canal and the Americans living there. Noriega was brought to the United States for trial as a drug trafficker. Bush's greatest test came when Iraqi President Saddam Hussein invaded Kuwait, then threatened to move into Saudi Arabia. Vowing to free Kuwait, Bush rallied the United Nations, the U. S. people, and Congress and sent 425,000 American troops. They were joined by 118,000 troops from allied nations. After weeks of air and missile bombardment, the 100-hour land battle dubbed Desert Storm routed Iraq's million-man army. Despite unprecedented popularity from this military and diplomatic triumph, Bush was unable to withstand discontent at home from a faltering economy, rising violence in inner cities, and continued high deficit spending. In 1992 he lost his bid for reelection to Democrat William Clinton.
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He says:
Bringing to the Presidency his prestige as commanding general of the victorious forces in Europe during World War II, Dwight D. Eisenhower obtained a truce in Korea and worked incessantly during his two terms (1953-1961) to ease the tensions of the Cold War. Bringing to the Presidency his prestige as commanding general of the victorious forces in Europe during World War II, Dwight D. Eisenhower obtained a truce in Korea and worked incessantly during his two terms to ease the tensions of the Cold War. He pursued the moderate policies of "Modern Republicanism," pointing out as he left office, "America is today the strongest, most influential, and most productive nation in the world." Born in Texas in 1890, brought up in Abilene, Kansas, Eisenhower was the third of seven sons. He excelled in sports in high school, and received an appointment to West Point. Stationed in Texas as a second lieutenant, he met Mamie Geneva Doud, whom he married in 1916. In his early Army career, he excelled in staff assignments, serving under Generals John J. Pershing, Douglas MacArthur, and Walter Krueger. After Pearl Harbor, General George C. Marshall called him to Washington for a war plans assignment. He commanded the Allied Forces landing in North Africa in November 1942; on D-Day, 1944, he was Supreme Commander of the troops invading France. After the war, he became President of Columbia University, then took leave to assume supreme command over the new NATO forces being assembled in 1951. Republican emissaries to his headquarters near Paris persuaded him to run for President in 1952. "I like Ike" was an irresistible slogan; Eisenhower won a sweeping victory. Negotiating from military strength, he tried to reduce the strains of the Cold War. In 1953, the signing of a truce brought an armed peace along the border of South Korea. The death of Stalin the same year caused shifts in relations with Russia. New Russian leaders consented to a peace treaty neutralizing Austria. Meanwhile, both Russia and the United States had developed hydrogen bombs. With the threat of such destructive force hanging over the world, Eisenhower, with the leaders of the British, French, and Russian governments, met at Geneva in July 1955. The President proposed that the United States and Russia exchange blueprints of each other's military establishments and "provide within our countries facilities for aerial photography to the other country." The Russians greeted the proposal with silence, but were so cordial throughout the meetings that tensions relaxed. Suddenly, in September 1955, Eisenhower suffered a heart attack in Denver, Colorado. After seven weeks he left the hospital, and in February 1956 doctors reported his recovery. In November he was elected for his second term. In domestic policy the President pursued a middle course, continuing most of the New Deal and Fair Deal programs, emphasizing a balanced budget. As desegregation of schools began, he sent troops into Little Rock, Arkansas, to assure compliance with the orders of a Federal court; he also ordered the complete desegregation of the Armed Forces. "There must be no second class citizens in this country," he wrote. Eisenhower concentrated on maintaining world peace. He watched with pleasure the development of his "atoms for peace" program–the loan of American uranium to "have not" nations for peaceful purposes. Before he left office in January 1961, for his farm in Gettysburg, he urged the necessity of maintaining an adequate military strength, but cautioned that vast, long-continued military expenditures could breed potential dangers to our way of life. He concluded with a prayer for peace "in the goodness of time." Both themes remained timely and urgent when he died, after a long illness, on March 28, 1969.
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Richard Nixon was elected the 37th President of the United States (1969-1974) after previously serving as a U.S. Representative and a U.S. Senator from California. After successfully ending American fighting in Vietnam and improving international relations with the U.S.S.R. and China, he became the only President to ever resign the office, as a result of the Watergate scandal. Reconciliation was the first goal set by President Richard M. Nixon. The Nation was painfully divided, with turbulence in the cities and war overseas. During his Presidency, Nixon succeeded in ending American fighting in Viet Nam and improving relations with the U.S.S.R. and China. But the Watergate scandal brought fresh divisions to the country and ultimately led to his resignation. His election in 1968 had climaxed a career unusual on two counts: his early success and his comeback after being defeated for President in 1960 and for Governor of California in 1962. Born in California in 1913, Nixon had a brilliant record at Whittier College and Duke University Law School before beginning the practice of law. In 1940, he married Patricia Ryan; they had two daughters, Patricia (Tricia) and Julie. During World War II, Nixon served as a Navy lieutenant commander in the Pacific. On leaving the service, he was elected to Congress from his California district. In 1950, he won a Senate seat. Two years later, General Eisenhower selected Nixon, age 39, to be his running mate. As Vice President, Nixon took on major duties in the Eisenhower Administration. Nominated for President by acclamation in 1960, he lost by a narrow margin to John F. Kennedy. In 1968, he again won his party's nomination, and went on to defeat Vice President Hubert H. Humphrey and third-party candidate George C. Wallace. His accomplishments while in office included revenue sharing, the end of the draft, new anticrime laws, and a broad environmental program. As he had promised, he appointed Justices of conservative philosophy to the Supreme Court. One of the most dramatic events of his first term occurred in 1969, when American astronauts made the first moon landing. Some of his most acclaimed achievements came in his quest for world stability. During visits in 1972 to Beijing and Moscow, he reduced tensions with China and the U.S.S.R. His summit meetings with Russian leader Leonid I. Brezhnev produced a treaty to limit strategic nuclear weapons. In January 1973, he announced an accord with North Viet Nam to end American involvement in Indochina. In 1974, his Secretary of State, Henry Kissinger, negotiated disengagement agreements between Israel and its opponents, Egypt and Syria. In his 1972 bid for office, Nixon defeated Democratic candidate George McGovern by one of the widest margins on record. Within a few months, his administration was embattled over the so-called "Watergate" scandal, stemming from a break-in at the offices of the Democratic National Committee during the 1972 campaign. The break-in was traced to officials of the Committee to Re-elect the President. A number of administration officials resigned; some were later convicted of offenses connected with efforts to cover up the affair. Nixon denied any personal involvement, but the courts forced him to yield tape recordings which indicated that he had, in fact, tried to divert the investigation. As a result of unrelated scandals in Maryland, Vice President Spiro T. Agnew resigned in 1973. Nixon nominated, and Congress approved, House Minority Leader Gerald R. Ford as Vice President. Faced with what seemed almost certain impeachment, Nixon announced on August 8, 1974, that he would resign the next day to begin "that process of healing which is so desperately needed in America." In his last years, Nixon gained praise as an elder statesman. By the time of his death on April 22, 1994, he had written numerous books on his experiences in public life and on foreign policy.
Richard Nixon was elected the 37th President of the United States (1969-1974) after previously serving as a U.S. Representative and a U.S. Senator from California. After successfully ending American fighting in Vietnam and improving international relations with the U.S.S.R. and China, he became the only President to ever resign the office, as a result of the Watergate scandal. Reconciliation was the first goal set by President Richard M. Nixon. The Nation was painfully divided, with turbulence in the cities and war overseas. During his Presidency, Nixon succeeded in ending American fighting in Viet Nam and improving relations with the U.S.S.R. and China. But the Watergate scandal brought fresh divisions to the country and ultimately led to his resignation. His election in 1968 had climaxed a career unusual on two counts: his early success and his comeback after being defeated for President in 1960 and for Governor of California in 1962. Born in California in 1913, Nixon had a brilliant record at Whittier College and Duke University Law School before beginning the practice of law. In 1940, he married Patricia Ryan; they had two daughters, Patricia (Tricia) and Julie. During World War II, Nixon served as a Navy lieutenant commander in the Pacific. On leaving the service, he was elected to Congress from his California district. In 1950, he won a Senate seat. Two years later, General Eisenhower selected Nixon, age 39, to be his running mate. As Vice President, Nixon took on major duties in the Eisenhower Administration. Nominated for President by acclamation in 1960, he lost by a narrow margin to John F. Kennedy. In 1968, he again won his party's nomination, and went on to defeat Vice President Hubert H. Humphrey and third-party candidate George C. Wallace. His accomplishments while in office included revenue sharing, the end of the draft, new anticrime laws, and a broad environmental program. As he had promised, he appointed Justices of conservative philosophy to the Supreme Court. One of the most dramatic events of his first term occurred in 1969, when American astronauts made the first moon landing. Some of his most acclaimed achievements came in his quest for world stability. During visits in 1972 to Beijing and Moscow, he reduced tensions with China and the U.S.S.R. His summit meetings with Russian leader Leonid I. Brezhnev produced a treaty to limit strategic nuclear weapons. In January 1973, he announced an accord with North Viet Nam to end American involvement in Indochina. In 1974, his Secretary of State, Henry Kissinger, negotiated disengagement agreements between Israel and its opponents, Egypt and Syria. In his 1972 bid for office, Nixon defeated Democratic candidate George McGovern by one of the widest margins on record. Within a few months, his administration was embattled over the so-called "Watergate" scandal, stemming from a break-in at the offices of the Democratic National Committee during the 1972 campaign. The break-in was traced to officials of the Committee to Re-elect the President. A number of administration officials resigned; some were later convicted of offenses connected with efforts to cover up the affair. Nixon denied any personal involvement, but the courts forced him to yield tape recordings which indicated that he had, in fact, tried to divert the investigation. As a result of unrelated scandals in Maryland, Vice President Spiro T. Agnew resigned in 1973. Nixon nominated, and Congress approved, House Minority Leader Gerald R. Ford as Vice President. Faced with what seemed almost certain impeachment, Nixon announced on August 8, 1974, that he would resign the next day to begin "that process of healing which is so desperately needed in America." In his last years, Nixon gained praise as an elder statesman. By the time of his death on April 22, 1994, he had written numerous books on his experiences in public life and on foreign policy.
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