Ridley's Believe It Or Not—August 12, 2014: Trust your day is proving to be a great one and that you enjoy the holidays of dubious distinction, along with the factoids and quote from Art Laffer with a smile on your face, a positive attitude and a bowl of julienne fries at your fingertips.
, 1. Glorious 12th—celebrating in the U.K. since 1831 the opening of grouse hunting season, loved by hunters and feared by grouse.
2. International Youth Day—another U.N. holiday enacted in 2000 celebrating the youth among us.
3. Vinyl Record Day---celebrating Thomas Edison’s invention of the phonograph on this day in 1877.
4. IBM PC Day--celebrating the introduction on this day in 1981 by IBM of its first personal computer the 5150 at a price of $1565 (well over $4100 in today’s dollars).
5. Julienne Fries Day—celebrating those delicious and tasty shoe string French fries.
On this day in
a. 1851 Isaac Singer was granted a patent for his sewing machine.
b. 1964 South Africa due to its apartheid policies was banned from participation in the Olympics.
c. 1992 the U.S., Canada, and Mexico announced completion of negotiations on the North American Free Trade Agreement.
Laffer’s view on free trade: “And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.” Arthur Laffer, noted American economist
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© August 12, 2014 Michael P. Ridley aka the Alaskanpoet