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September 10 – Donald Rumsfeld gives a speech regarding $2.3 trillion in Pentagon spending that cannot be accounted for, identifying the bureaucratic processes of the Pentagon as the biggest threat to America. [11] New York fire department personnel examining a smashed New York City police car, during 9/11.
Donald Henry Rumsfeld was born at St. Lukes Hospital on July 9, 1932, in Chicago, Illinois, the son of Jeannette Kearsley (née Husted) and George Donald Rumsfeld. [8] His father came from a German family that had emigrated in the 1870s from Weyhe in Lower Saxony , [ 9 ] [ 10 ] [ 11 ] : 15–16 but young Donald was sometimes ribbed about ...
During his term as comptroller, he was tasked to trace the Pentagon's 2.3 trillion dollars' worth of unaccounted transactions. [12] He also played an active role in the Department's system acquisition, strategic planning, programming, and budget process. [7] He was succeeded by Tina W. Jonas as the top budget official at the DoD. [13]
In August 1990, the company was purchased in a friendly leveraged buyout of $1.6 billion by the FLGI Holding. In October 1990, they announced that Hickey would be replaced by Donald Rumsfeld. He sold off several divisions to cut overhead. The company then began investing heavily in the emerging high definition television (HDTV) market. To ...
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ABC News anchor George Stephanopoulos is “apoplectic” and “humiliated” by the network’s decision to pay $16 million to settle a defamation lawsuit brought by President-elect Donald Trump ...
Goldman Sachs, JPMorgan, and Bank of America are looking ahead to a strong 2025—as long as Donald Trump’s tariff proposals on China, Europe, and Canada don’t prove too inflationary.
The Laffer curve was popularized in the United States with policymakers following an afternoon meeting with Ford Administration officials Dick Cheney and Donald Rumsfeld in 1974, in which Arthur Laffer reportedly sketched the curve on a napkin to illustrate his argument. [6]