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Six years ago, lawyer-banker-scholar Charles Morris wrote a prophetic book - 'Two-Trillion-Dollar Meltdown: Easy Money, High-Rollers and the Great Credit Crunch' - that foresaw the 2008 Great Recession before it clobbered America and the world. Now Morris has reversed course and sees good times ahead. His forthcoming book, 'Comeback,' predicts that surging U.S. energy independence will bring a buoyant rise in American manufacturing and jobs.
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The 1980 New York Mets season was the 19th regular season for the Mets, who played home games at Shea Stadium. Led by manager Joe Torre, the team had a 67-95 record, yielding a 5th place finish in the National League East.
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The expert predicted that America's gross domestic product will return to more than 3 percent yearly expansion. For example, Dow Chemical is investing $4 billion in Texas plastics production that will be operational by 2019. Such growth requires cheap oil and natural gas - and "by 2022 or so, the United States will surpass Saudi Arabia in oil output, and Russia in gas." He continued: "The big attraction is the low price of natural gas, the lowest-carbon fossil fuel, which can be produced profitably at about a third the price per unit of energy as other hydrocarbons. That is particularly attractive to chemical companies. It is the raw material for plastics, Styrofoam, tires, sealants, adhesives, films, liquid crystal screens, nylons, polyesters - nearly everything around us."
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USS Gilliam (APA-57), named for Gilliam County in Oregon, was the lead ship in the her class of attack transports serving in the United States Navy during World War II. She was launched 28 March 1944 under a Maritime Commission contract by the Consolidated Steel Corporation, Wilmington, California; sponsored by Mrs. A. O. Williams of Wilmington; acquired 31 July 1944; and commissioned 1 August 1944, Comdr. H. B. Olsen in command.
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The Peace Corps is a volunteer program run by the United States government. The stated mission of the Peace Corps includes three goals: providing technical assistance; helping people outside the United States to understand American culture; and helping Americans to understand the cultures of other countries.