United States or North Macedonia ? Vote for the TOP Country of the Week !


By the end of the 1960's total arms expenditures of the chief powers were running at $200 billion per year. In 1973 the total reached $225 billion. There was much general talk about peace, but the most insistent note sounded for a high level of spending on armaments.

Few companies distribute erratic and ever-declining dividends. The vast majority don't bother. The unfavorable tax treatment of distributed profits may have been the cause. The dwindling of dividends has implications which are nothing short of revolutionary. Most of the financial theories we use to determine the value of shares were developed in the 1950's and 1960's, when dividends were in vogue.

In the 1950's we helped to contain further Soviet challenges in Korea and in the Middle East, and we rearmed to assure the continuation of that containment. In the 1960's we met the Soviet challenges in Berlin, and we faced the Cuban missile crisis. And we sought to engage the Soviet Union in the important task of moving beyond the cold war and away from confrontation.

Mao and his followers had once been such rebellious youths, but by the 1960's they were mostly old men and a new youth had appeared, a generation of revolutionaries for whom the "old regime" was dim history, not reality.

Fundamental analysis is about the study of key statistics from the financial statements of firms as well as background information about the company's products, business plan, management, industry, the economy, and the marketplace. Economists, since the 1960's, sought to rebuff technical analysis. Markets, they say, are efficient and "walk" randomly.

That was this Nation's policy in the 1830's and that is this Nation's policy in the 1960's. Our own freedom and growth have never been the final goal of the American dream. We were never meant to be an oasis of liberty and abundance in a worldwide desert of disappointed dreams.

In the 1950's we helped to contain further Soviet challenges in Korea and in the Middle East, and we rearmed to assure the continuation of that containment. In the 1960's we met the Soviet challenges in Berlin, and we faced the Cuban missile crisis. And we sought to engage the Soviet Union in the important task of moving beyond the cold war and away from confrontation.

It is essential that the new Administration and the Congress continue this program to ensure complete eradication of the debilitating malnutrition witnessed and documented among thousands of children in the 1960's. At the beginning of my Administration there were over a half million heroin addicts in the United States.

But a review of the stark fiscal facts of the 1960's clearly demonstrates where the primary blame for rising prices must be placed. In the decade of the sixties the Federal Government spent $57 billion more than it took in in taxes.

It is essential that the new Administration and the Congress continue this program to ensure complete eradication of the debilitating malnutrition witnessed and documented among thousands of children in the 1960's. At the beginning of my Administration there were over a half million heroin addicts in the United States.