The Federal Budget
Process and Amounts. The federal budget process is defined by the Constitution, congressional statutes, and the executive policy agenda. It follows the general lawmaking process, […]
The Fed and Monetary Policy
Briefly Explained. The Federal Reserve Board is a Progressive Era independent government agency that controls and manipulates the money supply against the reserve. By altering […]
MacArthur Dismissed
Truman fires MacArthur. On this day, April 11, in 1951, President Harry Truman relieved General Douglas MacArthur of his duties as the U.S. commander of […]
Ambassador to U.N.
Chief Diplomatic Post below Secretary of State. The United States has an ambassador to every nation the U.S. recognizes, all who work within the State […]
The Lippmann Column
The Trial Balloon. Walter Lippmann, a widely read columnist for the New York Herald-Tribune and an accepted expert on many subjects, wrote this column below […]