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Economy

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Demeter

(85,373 posts)
Fri Dec 13, 2013, 11:15 PM Dec 2013

Weekend Economists and the Accidental President December 13-15, 2013 [View all]

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Gerald Rudolf Ford, Jr., a man who never dreamed of the White House, yet ended up there, is our topic for this weekend. Who was he, really?

Gerald Rudolph "Jerry" Ford, Jr. (born Leslie Lynch King, Jr.; July 14, 1913 – December 26, 2006) was the 38th President of the United States, serving from 1974 to 1977, and prior to this, was the 40th Vice President of the United States serving from 1973 to 1974. He was the first person appointed to the Vice Presidency under the terms of the 25th Amendment, after Spiro Agnew resigned. When he became president upon Richard Nixon's resignation on August 9, 1974, he became the first and to date only person to have served as both Vice President and President of the United States without being elected by the Electoral College. Before ascending to the Vice Presidency, Ford served nearly 25 years as the Representative from Michigan's 5th congressional district, eight of them as the Republican Minority Leader.

As President, Ford signed the Helsinki Accords, marking a move toward détente in the Cold War. With the conquest of South Vietnam by North Vietnam nine months into his presidency, U.S. involvement in Vietnam essentially ended. Domestically, Ford presided over the worst economy in the four decades since the Great Depression, with growing inflation and a recession during his tenure. One of his more controversial acts was to grant a presidential pardon to President Richard Nixon for his role in the Watergate scandal. During Ford's incumbency, foreign policy was characterized in procedural terms by the increased role Congress began to play, and by the corresponding curb on the powers of the President. In 1976, Ford defeated Ronald Reagan for the Republican nomination, but narrowly lost the presidential election to Democrat Jimmy Carter.

Following his years as president, Ford remained active in the Republican Party. After experiencing health problems, Ford died in his home on December 26, 2006. Ford lived longer than any other U.S. president, living 93 years and 165 days, while his 895-day presidency remains the shortest of all presidents who did not die in office.

http://en.wikipedia.org/wiki/Gerald_Ford


http://upload.wikimedia.org/wikipedia/commons/d/dc/Gerald_Ford_on_field_at_Univ_of_Mich,_1933.jpg

they don't make them like that anymore....all around American hero, public citizen, yet a private man. Let's see if we can find out what made President Ford tick.

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A real Friday 13th--we have a bank failure in Texas! Demeter Dec 2013 #1
GERALD FORD'S Early life Demeter Dec 2013 #2
DON'T TAX MY CREDIT UNION! Demeter Dec 2013 #3
Millenial women pessimistic about gender equality in the workplace Demeter Dec 2013 #4
Five simple steps to financial freedom for women BY [i] Suzanne McGee and Alice Finn [/i] Demeter Dec 2013 #5
Or as Alice puts it Demeter Dec 2013 #7
Pope Francis understands economics better than most politicians Demeter Dec 2013 #6
Hmmm. Jesuits... ¿Has the IMF also gone neo-Franciscan? ... A few recent snippets: Ghost Dog Dec 2013 #15
The New Advocates of Inequality want to take us back to the middle of the 19th century Ghost Dog Dec 2013 #45
What does Spain make? Ghost Dog Dec 2013 #8
Chinese Military Ship Confronts U.S. Cruiser at Sea xchrom Dec 2013 #9
Wholesale Prices in U.S. Fell for Third Month in November xchrom Dec 2013 #10
Kids Living in Basements Drag On U.S. Services Spending: Economy xchrom Dec 2013 #11
Aussie Dollar’s Longest Drop in 28 Years Driven by RBA Comments xchrom Dec 2013 #12
Iran Sanctions Applied to More Companies by U.S. Treasury xchrom Dec 2013 #13
A Coming Golden Age for American Companies in China? xchrom Dec 2013 #14
Simple Answer: No. Political Answer: HELL, NO! Demeter Dec 2013 #19
Dent, Faber, Celente, Maloney, Rogers – What Do They Say Is Coming In 2014? DemReadingDU Dec 2013 #16
End of US quantitative easing at the beginning of 2014 at the latest (LEAP/E2020 May 2013) Ghost Dog Dec 2013 #29
But if QE ends, markets will collapse DemReadingDU Dec 2013 #40
I think they are trying to time to collapse Demeter Dec 2013 #42
Currency Wars And Shooting Wars Ghost Dog Dec 2013 #65
The Volcker Rule: Wins, Losses and Toss-ups xchrom Dec 2013 #17
The Backroom Deal That Could've Given Us Single-Payer MUST READ! Demeter Dec 2013 #18
... xchrom Dec 2013 #20
Makes you wish this discussion happened 5 years ago, in public, doesn't it? Demeter Dec 2013 #22
BRRRR! xchrom Dec 2013 #24
We have 3 inches wet heavy snow DemReadingDU Dec 2013 #41
Last paragraphs DemReadingDU Dec 2013 #23
Obama and the harsh reality check Mark Morford Demeter Dec 2013 #21
Nicely put. ¿What else you got? - The Saudi thing (and Egypt)... Ghost Dog Dec 2013 #28
Scouting and athletics THE ALL-AMERICAN PRESIDENT WAS JUST THAT Demeter Dec 2013 #25
No, the Budget Deal Isn't a "Compromise" (NOT AN EQUITABLE ONE, ANYWAY) By Patrick Caldwell Demeter Dec 2013 #26
A Cruel, Irresponsible and Dysfunctional Budget Deal John Nichols Demeter Dec 2013 #33
10 Countries Sitting On Enormous Mounds Of Gold xchrom Dec 2013 #27
Between Rehypothecation and Counterfeiting, One Wonders How Much Gold There Really Is Demeter Dec 2013 #31
Bill Moyers | The Great American Class War: Plutocracy vs. Democracy Demeter Dec 2013 #30
US unemployment claims rise sharply but recent economic growth intact Demeter Dec 2013 #32
EDUCATION OF A PRESIDENT Demeter Dec 2013 #34
Lurid Subprime Scams Unveiled in Long-Running Fraud Trial By Matt Taibbi Demeter Dec 2013 #35
JP Morgan facing $2bn fine for involvement in Madoff ponzi scheme Demeter Dec 2013 #36
Soothing Words on ‘Too Big to Fail,’ but With Little Meaning Demeter Dec 2013 #37
GERALD FORD'S MILITARY SERVICE Demeter Dec 2013 #38
Alas, I must be going into that frozen wasteland for a bit Demeter Dec 2013 #39
I've got to out into a wasteland myself. Fuddnik Dec 2013 #44
Waves hello and steals a line bread_and_roses Dec 2013 #43
me, neither Demeter Dec 2013 #46
Will Fed end 2013 with bang or whimper? Demeter Dec 2013 #47
U.S. finalizes Volcker rule, curbing Wall Street's risky trades Demeter Dec 2013 #48
SEC plans to take more cases to trial despite losses Demeter Dec 2013 #49
Tepid Welcome: Germany Struggles to Lure Skilled Workers xchrom Dec 2013 #50
POST-WAR PRESIDENT Demeter Dec 2013 #51
Google execs saved millions on private jet flights using cheaper Nasa fuel Demeter Dec 2013 #52
Global exchange trade group launches cyber security committee Demeter Dec 2013 #53
The Transformation of America's Energy Economy Demeter Dec 2013 #54
Are Economic Royalists Leading the US Over a Precipice? Demeter Dec 2013 #55
CAMPERS HELP AMAZON KEEP UP WITH HOLIDAY RUSH xchrom Dec 2013 #56
University of Cincinnati Sues Crayola over Patent Infringement DemReadingDU Dec 2013 #57
The EU Has Suspended Trade Talks With Ukraine xchrom Dec 2013 #58
3 New Technologies That Will Force Laws To Be Totally Rewritten xchrom Dec 2013 #59
Swiss banker in eye of U.S. tax evasion storm to face court xchrom Dec 2013 #60
Exclusive - Euro zone to share costs of bank closures gradually : proposal xchrom Dec 2013 #61
This Week in ‘Nation’ History: How Janet Yellen Can Turn the Fed to the Left xchrom Dec 2013 #62
How a Simple Idea to Rein In Banks Got Supersized xchrom Dec 2013 #63
Manhattan Apartment Rents Drop for a Third Straight Month xchrom Dec 2013 #64
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