George H. W. Bush
George Herbert Walker Bush was an American politician who served as the 41st president of the United States from 1989 to 1993 and the 43rd vice president of the United States from 1981 to 1989. A member of the Republican Party, he held posts that included those of congressman, CIA director; until his son George W. Bush became the 43rd president in 2001, he was known as George Bush. Bush postponed his university studies after the attack on Pearl Harbor on December 7, 1941, enlisted in the Navy on his 18th birthday, became one of its youngest aviators, he served until September 1945, attended Yale University, graduating in 1948. He moved his family to West Texas where he entered the oil business and became a millionaire by the age of 40 in 1964. After founding his own oil company, Bush was defeated in his first run for the United States Senate in 1964, but won election to the House of Representatives from Texas's 7th congressional district in 1966, he was reelected in 1968 but was defeated for election to the Senate in 1970.
In 1971, President Richard Nixon appointed Bush as Ambassador to the United Nations, he became Chairman of the Republican National Committee in 1973. The following year, President Gerald Ford appointed him Chief of the Liaison Office in China and made him the director of Central Intelligence. Bush ran for president in 1980, was defeated in the Republican primary by Ronald Reagan, as Reagan's running mate Bush became vice-president after the ticket's election. During his eight-year tenure as vice president, Bush headed task forces on deregulation and the war on drugs. Bush in 1988 defeated Democratic opponent Michael Dukakis, becoming the first incumbent vice president to be elected president in 152 years. Foreign policy drove the Bush presidency. Bush signed the North American Free Trade Agreement, which created a trade bloc consisting of the United States and Mexico. Domestically, Bush signed a bill to increase taxes, he lost the 1992 presidential election to Democrat Bill Clinton following an economic recession and the decreased importance of foreign policy in a post–Cold War political climate.
After leaving office in 1993, Bush was active in humanitarian activities alongside Clinton, his former opponent. With George W. Bush's victory in the 2000 presidential election and his son became the second father–son pair to serve as President, following John Adams and John Quincy Adams. At the time of his death, he was the longest-lived president in U. S. history, a record surpassed by Jimmy Carter on March 22, 2019. George Herbert Walker Bush was born at 173 Adams Street in Milton, Massachusetts on June 12, 1924 to Prescott Sheldon Bush and Dorothy Bush; the Bush family moved from Milton to Connecticut shortly after his birth. Bush was named after his maternal grandfather George Herbert Walker, known as "Pop", young Bush was called "Poppy" as a tribute to his namesake. Bush began his formal education at the Greenwich Country Day School attended Phillips Academy in Andover, Massachusetts beginning in 1938, where he held a number of leadership positions which included president of the senior class, secretary of the student council, president of the community fund-raising group, a member of the editorial board of the school newspaper, captain of the varsity baseball and soccer teams.
Six months after the United States entered World War II following Japan's attack on Pearl Harbor, Bush enlisted in the U. S. Navy after he graduated from Phillips Academy on his 18th birthday, he became a naval aviator. After completing the 10-month course, he was commissioned as an ensign in the Naval Reserve at Naval Air Station Corpus Christi on June 9, 1943, just three days before his 19th birthday, which made him one of the youngest aviators in the Navy. In September 1943, he was assigned to Torpedo Squadron 51 as the photographic officer; the following year, his squadron was based in USS San Jacinto as a member of Air Group 51, where his lanky physique earned him the nickname "Skin". During this time, the task force was victorious at the Battle of the Philippine Sea, one of the largest air battles of World War II. Bush was promoted to lieutenant on August 1, 1944, San Jacinto commenced operations against the Japanese in the Bonin Islands, he piloted one of the four Grumman TBM Avengers of VT-51 that attacked the Japanese installations on Chichijima on September 2, 1944.
His crew included Lt. William White, his aircraft was hit by flak during the attack, but Bush released bombs and scored several hits. With his engine ablaze, he flew several miles from the island, where he and one other crew member bailed out. Bush spent four hours in his inflated liferaft, protected by fighter aircraft circling above, until the submarine USS Finback came to his rescue, he participated in the rescue of other aviators. Several of those shot down during the attack were executed, their livers were eaten by their captors; this experience shaped Bush profoundly, leading him to ask, "Why had I been spared and what did God have for me?"In November 1944, Bush returned to San Jacinto and participated in operations in the Philippines until his squadron was replaced and sent home to the United States. By 1944 he had flown 58 combat missions for which he received the Distinguished Flying Cross, three Air Medals, the Presiden
George W. Bush
George Walker Bush is an American politician and businessman who served as the 43rd president of the United States from 2001 to 2009. He had served as the 46th governor of Texas from 1995 to 2000. Bush was born in New Haven and grew up in Texas. After graduating from Yale University in 1968 and Harvard Business School in 1975, he worked in the oil industry. Bush married Laura Welch in 1977 and unsuccessfully ran for the U. S. House of Representatives shortly thereafter, he co-owned the Texas Rangers baseball team before defeating Ann Richards in the 1994 Texas gubernatorial election. Bush was elected President of the United States in 2000 when he defeated Democratic incumbent Vice President Al Gore after a close and controversial win that involved a stopped recount in Florida, he became the fourth person to be elected president while receiving fewer popular votes than his opponent. Bush is a member of a prominent political family and is the eldest son of Barbara and George H. W. Bush, the 41st president of the United States.
He is only the second president to assume the nation's highest office after his father, following the footsteps of John Adams and his son, John Quincy Adams. His brother Jeb Bush, a former Governor of Florida, was a candidate for the Republican presidential nomination in the 2016 presidential election, his paternal grandfather, Prescott Bush, was a U. S. Senator from Connecticut; the September 11 terrorist attacks occurred eight months into Bush's first term. Bush responded with what became known as the Bush Doctrine: launching a "War on Terror", an international military campaign that included the war in Afghanistan in 2001 and the Iraq War in 2003, he signed into law broad tax cuts, the Patriot Act, the No Child Left Behind Act, the Partial-Birth Abortion Ban Act, Medicare prescription drug benefits for seniors, funding for the AIDS relief program known as PEPFAR. His tenure included national debates on immigration, Social Security, electronic surveillance, torture. In the 2004 presidential race, Bush defeated Democratic Senator John Kerry in another close election.
After his re-election, Bush received heated criticism from across the political spectrum for his handling of the Iraq War, Hurricane Katrina, other challenges. Amid this criticism, the Democratic Party regained control of Congress in the 2006 elections. In December 2007, the United States entered its longest post-World War II recession referred to as the "Great Recession", prompting the Bush administration to obtain congressional passage of multiple economic programs intended to preserve the country's financial system. Nationally, Bush was both one of the most popular and unpopular U. S. presidents in history, having received the highest recorded presidential approval ratings in the wake of the 9/11 attacks, as well as one of the lowest approval ratings during the 2008 financial crisis. Bush finished his term in office in 2009 and returned to Texas, where he had purchased a home in Dallas. In 2010, he published Decision Points, his presidential library was opened in 2013. His presidency has been ranked among the worst in historians' polls that were published in the late 2000s and 2010s.
However, his favorability ratings with the public have improved after leaving office. George Walker Bush was born on July 6, 1946, at Yale–New Haven Hospital in New Haven, while his father was a student at Yale, he was his wife, Barbara Pierce. He was raised in Midland and Houston, with four siblings, Neil and Dorothy. Another younger sister, died from leukemia at the age of three in 1953, his grandfather, Prescott Bush, was a U. S. Senator from Connecticut, his father was Ronald Reagan's vice president from 1981 to 1989 and the 41st U. S. president from 1989 to 1993. Bush has English and some German ancestry, along with more distant Dutch, Irish and Scottish roots. Bush attended public schools in Midland, until the family moved to Houston after he had completed seventh grade, he spent two years at The Kinkaid School, a prep school in Piney Point Village in the Houston area. Bush attended high school at Phillips Academy, a boarding school in Andover, where he played baseball and was the head cheerleader during his senior year.
He attended Yale University from 1964 to 1968. During this time, he was a cheerleader and a member of the Delta Kappa Epsilon, serving as the president of the fraternity during his senior year. Bush became a member of the Skull and Bones society as a senior. Bush was a rugby union player and was on Yale's 1st XV, he characterized himself as an average student. His GPA during his first three years at Yale was 77, he had a similar average under a nonnumeric rating system in his final year. In the fall of 1973, Bush entered Harvard Business School, he graduated in 1975 with an MBA degree. He is the only U. S. president to have earned an MBA. Bush was engaged to Cathryn Lee Wolfman in 1967, but the engagement fizzled out. Bush and Wolfman remained on good terms after the end of the relationship. While Bush was at a backyard barbecue in 1977, friends introduced him to Laura Welch, a schoolteacher and librarian. After a three-month courtship, she accepted his marriage proposal and they wed on November 5 of that year.
The couple settled in Texas. Bush left his family's Episcopal Church to join his wife's United Methodist Church. On November 25, 1981, Laura Bush gave birth to fraternal twin daughters and Jenna. Prior to getting married, Bush struggled with multiple episodes of alcohol abuse. In one instance on September 4, 1976, he was pulled over near his fami
Insider trading is the trading of a public company's stock or other securities by individuals with access to nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal; this is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could make larger profits than a typical investor could make. The rules governing insider trading are complex and vary from country to country; the extent of enforcement varies from one country to another. The definition of insider in one jurisdiction can be broad, may cover not only insiders themselves but any persons related to them, such as brokers and family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is permitted as long as it does not rely on material information not in the public domain. Many jurisdictions require.
In the United States and several other jurisdictions, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed within a few business days of the trade. In these cases, insiders in the United States are required to file a Form 4 with the U. S. Securities and Exchange Commission when selling shares of their own companies; the authors of one study claim that illegal insider trading raises the cost of capital for securities issuers, thus decreasing overall economic growth. However, some economists, such as Henry Manne, have argued that insider trading should be allowed and could, in fact, benefit markets. There has long been "considerable academic debate" among business and legal scholars over whether or not insider trading should be illegal. Several arguments against outlawing insider trading have been identified: for example, although insider trading is illegal, most insider trading is never detected by law enforcement, thus the illegality of insider trading might give the public the misleading impression that "stock market trading is an unrigged game that anyone can play."
Some legal analysis has questioned whether insider trading harms anyone in the legal sense, since some have questioned whether insider trading causes anyone to suffer an actual "loss," and whether anyone who suffers a loss is owed an actual legal duty by the insiders in question. Rules prohibiting or criminalizing insider trading on material non-public information exist in most jurisdictions around the world, but the details and the efforts to enforce them vary considerably. In the United States, Sections 16 and 10 of the Securities Exchange Act of 1934 directly and indirectly address insider trading; the U. S. Congress enacted this law after the stock market crash of 1929. While the United States is viewed as making the most serious efforts to enforce its insider trading laws, the broader scope of the European model legislation provides a stricter framework against illegal insider trading. In the European Union and the United Kingdom all trading on non-public information is, under the rubric of market abuse, subject at a minimum to civil penalties and to possible criminal penalties as well.
UK's Financial Conduct Authority has the responsibility to investigate and prosecute insider dealing, defined by the Criminal Justice Act 1993. In the United States, Canada and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers and any beneficial owners of more than 10% of a class of the company's equity securities. Trades made by these types of insiders in the company's own stock, based on material non-public information, are considered fraudulent since the insiders are violating the fiduciary duty that they owe to the shareholders; the corporate insider by accepting employment, has undertaken a legal obligation to the shareholders to put the shareholders' interests before their own, in matters related to the corporation. When insiders buy or sell based upon company-owned information, they are violating their obligation to the shareholders. For example, illegal insider trading would occur if the chief executive officer of Company A learned that Company A will be taken over and bought shares in Company A while knowing that the share price would rise.
In the United States and many other jurisdictions, however, "insiders" are not just limited to corporate officials and major shareholders where illegal insider trading is concerned but can include any individual who trades shares based on material non-public information in violation of some duty of trust. This duty may be imputed. Liability for inside trading violations cannot be avoided by passing on the information in an "I scratch your back. In the United States, at least one court has indicated that the insider who releases the non-public information must have done so for an improper purpose. In the case of a person who receives the insider information, the tippee must also
Texas Rangers (baseball)
The Texas Rangers are an American professional baseball team based in Arlington, located in the Dallas–Fort Worth metroplex. The Rangers franchise competes in Major League Baseball as a member of the American League West division. Since 1994, the Rangers have played in Globe Life Park in Arlington; the team's name is borrowed from the famous law enforcement agency of the same name. The franchise was established in 1961 as the Washington Senators, an expansion team awarded to Washington, D. C. after the city's first AL ballclub, the second Washington Senators, moved to Minnesota and became the Twins. After the 1971 season, the new Senators moved to Arlington, debuted as the Rangers the following spring; the Texas Rangers Baseball Club has made eight appearances in the MLB postseason, seven following division championships in 1996, 1998, 1999, 2010, 2011, 2015, 2016 and as a wild card team in 2012. In 2010, the Rangers advanced past the Division Series for the first time, defeating the Tampa Bay Rays.
Texas brought home their first American League pennant after beating the New York Yankees in six games. In the 2010 World Series, the franchise's first, the Rangers fell to the San Francisco Giants in five games, they repeated as American League champions the following year lost the 2011 World Series to the St. Louis Cardinals in seven games. In 2020, the Rangers will move from Globe Life Park to the new Globe Life Field; when the second Washington Senators moved to Minnesota in 1960 to become the Twins, Major League Baseball decided to expand a year earlier than planned to stave off the twin threats of competition from the proposed Continental League and loss of its exemption from the Sherman Antitrust Act. As part of the expansion, the American League added two new teams for the 1961 season–the Los Angeles Angels and a new Washington Senators team. However, the new Senators were considered an expansion team since the Twins retained the old Senators' records and history; the Senators and Angels began to fill their rosters with American League players in an expansion draft.
The team played the 1961 season at old Griffith Stadium before moving to the new District of Columbia Stadium under a 10-year lease. For most of their existence, the new Senators were the definition of futility, losing an average of 90 games a season; the team's struggles led to a twist on a joke about the old Senators: "Washington: first in war, first in peace and still last in the American League." Their only winning season was in 1969 when Hall of Famer Ted Williams managed the club to an 86–76 record, placing fourth in the AL East. Frank Howard, an outfielder/first baseman from 1965 to 1972 known for his towering home runs, was the team's most accomplished player, winning two home run titles. Ownership changed hands several times during the franchise's stay in Washington and was plagued by poor decision-making and planning. Following their brief success in 1969, owner Bob Short was forced to make many questionable trades to lower the debt he had incurred to pay for the team. By the end of the 1970 campaign, Short had issued an ultimatum: unless someone was willing to buy the Senators for $12 million, he would not renew the stadium lease and would move the team elsewhere.
Short was receptive to an offer brought up by Arlington, mayor Tom Vandergriff, trying to obtain a major league sports team to play in the Metroplex for over a decade. Years earlier, Charles O. Finley, the owner of the Kansas City Athletics, sought to relocate his baseball team to Dallas, but the idea was rebuffed and declined by the other AL team owners. Arlington's hole card was Turnpike Stadium, a 10,000-seat park, built in 1965 to house the Double-A Dallas-Fort Worth Spurs of the Texas League. However, it had been built to MLB specifications, only minor excavations would be necessary to expand the park to accommodate major league crowds. Vandergriff's offer of a multimillion-dollar down payment prompted Short to make the move to Arlington. On September 21, 1971, by a vote of 10 to 2, American League owners granted approval to move the franchise to Arlington for the 1972 season. Senators fans were livid. Enmity came to a head at the club's last game in Washington. Thousands of fans walked in without paying after the security guards left early, swelling the paid attendance of 14,460 to around 25,000, while fans unfurled a banner reading "SHORT STINKS".
With the Senators leading 7–5 and two outs in the top of the ninth inning, several hundred youths stormed the field, raiding it for souvenirs. One man ran off with it. With no security in sight and only three bases, umpire crew chief Jim Honochick forfeited the game to the New York Yankees; the nation's capital went with out Major League Baseball for 33 years until the relocation of the National League's Montreal Expos who became the Washington Nationals. Prior to the 1972 season, improvements were made to Turnpike Stadium, which reopened as Arlington Stadium, in preparation for the inaugural season of the Texas Rangers; the team played its first game on April 15, 1972, a 1–0 loss at the hands of the California Angels, their 1961 expansion cousins. The next day, the Rangers defeated 5 -- 1, for the club's first victory. In 1974, the Rangers experienced their first winning season after finishing last in both 1972 and 1973. Under the ownership of Brad Corbett, they finished second in the American League West with an 84–76 record, behind the eventual World Series champion Oakland Athletics.
The 1974 Rangers are still the only MLB team to finish above.500 after two consecutive 1