In 1776, some of the founding fathers borrowed money from France and the Netherlands to help fund the American Revolution. We owed $43 million by January 1, 1783. Congress voted to raise taxes, as well as to assume some public debt.
In 1790, with a debt estimated at $77.1 million, interest-bearing bonds were issued and the government established its good credit. Alexander Hamilton became our first Secretary of the Treasury. He helped design the strong centralized funding of the United States, including tariffs and taxes. The Louisiana Purchase cost $15 million, at just 4 cents per acre, but it derailed efforts to pay down the debt at that time.
Do you like to read, talk and eat? Would you like a way to make new friends, see things in a new way and find genres and authors that you've not considered before?
If so, you may find the perfect nexus in a book group. There are many types of book groups, ranging from a group of friends getting together monthly to discuss an essay to special-interest virtual groups, such as Thumper's Corner, which is specifically for African-American literature.
We're looking at important 2012 issues and races in Denver and in Colorado, too. In Denver, we will decide about funding for our public schools, and whether or not to reverse the limits on the Taxpayer's Bill of Rights from previous legislation.
Denver has a database for Campaign Finance Reports, and the Denver Clerk and Recorder's Office will be mailing out notices of the election soon, with summaries of the comments received for and against ballot issues.
Have you read all the books on your nightstand and depleted your Nook? Don't settle for reading the cereal box or that copy of Who Moved My Cheese someone left in the break room - you can find fresh and unexpected page-turners from a variety of sources.
Beat everyone to the waiting list by using Clues Unlimited to find upcoming mystery titles, as well as mysteries for children and British imports.
Can't remember the name of the third Harry Potter book? Check out What's Next, a comprehensive database from the Kent Library District, MI, that allows you to find a fiction series by genre, author, series name or book title.
At this phase in the election cycle, political ads are a staple of primetime TV and just about every other sort of commercial communications media. While we're accustomed to hearing the words, "I'm Barack Obama / Mitt Romney and I approve this message," the entities claiming responsibility for ads are often unfamiliar to say the least.
To evaluate claims made in political ads, voters can certainly turn to fact-checking resources but there's a case to be made for recognizing the sources of political advertisements and what biases they bring to the table. In this week's post, we'll consider the mandate for disclosure in political ads and identify ways to determine who put up the money and what they stand for.
Maybe you heard the news that downtown Denver will be the site of a new regional U.S. Patent and Trademark Office scheduled to open by September 2014. But what you may not know is that the first branch of the U.S. Patent Agency was founded by Scientific American.
Started in 1845 by Rufus Porter, Scientific American is the oldest continuously published magazine in the U.S. Rufus Porter, an inventor himself, never stayed at any job for very long and in 1846 sold the weekly paper for $800 to Orson Desaix Munn and Alfred Ely.
Montana, 1890. Copper magnate William Clark runs for the U.S. Senate. He is not elected. In 1899, however, he wins the Senate seat, but opponents expose the financial corruption and bribery behind his election.
It happens a lot during election years - a candidate confidently makes a statement of apparent fact and you wonder, “Can that possibly be true? What’s he or she basing that on?” Later, media pundits enter the fray, asserting or denying the claim’s validity with equal vehemence, muddying the water even more. What’s a conscientious voter to do?
It’s times like these when an on-call investigative journalist would come in handy to shed light on the issue before time and tide leave it behind and unresolved.
August 24, 79 AD, started out like any other day in the thriving Roman town of Pompeii, with citizens socializing at the public baths, watching gladiator contests, preparing meals and going to school. The popular resort town was located in the shadow of Mt. Vesuvius, which hadn't erupted in hundreds of years.
A series of small earthquakes in the last few days may have caused some uneasiness, however. Only seventeen years earlier, a big earthquake had caused massive damage, which the citizens of Pompeii were still trying to repair. At the time, the correlation between earthquakes and volcanic activity was unknown; but the longer a volcano is silent, the bigger the explosion when it finally does erupt.