Outgoing Politician
In politics, a lame duck or outgoing politician is an elected official whose successor has already been elected or will be soon. An outgoing politician is often seen as having less influence with other politicians due to their limited time left in office. Conversely, a lame duck is free to make decisions that exercise the standard powers with little fear of consequence, such as issuing executive orders, pardons, or other controversial edicts. Lame duck politicians result from term limits, planned retirement, or electoral losses, and are especially noticeable where political systems build in a delay between the announcement of results and the taking of office by election winners. Even at the local level, politicians who do not seek re-election can lose credibility and influence. Uncompleted projects may fall to the wayside as their influence diminishes. Description The status can be due to: *having lost a re-election bid *choosing not to seek another term, which would start at the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Thomas Jefferson
Thomas Jefferson (April 13, 1743 – July 4, 1826) was an American statesman, diplomat, lawyer, architect, philosopher, and Founding Fathers of the United States, Founding Father who served as the third president of the United States from 1801 to 1809. He was previously the nation's second vice president of the United States, vice president under John Adams and the first United States Secretary of State, United States secretary of state under George Washington. The principal author of the United States Declaration of Independence, Declaration of Independence, Jefferson was a proponent of democracy, republicanism, and individual rights, motivating Thirteen Colonies, American colonists to break from the Kingdom of Great Britain and form a new nation. He produced formative documents and decisions at state, national, and international levels. During the American Revolution, Jefferson represented Virginia in the Continental Congress that adopted the Declaration of Independence. As ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bear Market
A market trend is a perceived tendency of financial markets to move in a particular direction over time. Analysts classify these trends as ''secular'' for long time-frames, ''primary'' for medium time-frames, and ''secondary'' for short time-frames. Traders attempt to identify market trends using technical analysis, a framework which characterizes market trends as predictable price tendencies within the market when price reaches support and resistance levels, varying over time. A market trend can only be determined in hindsight, since at any time prices in the future are not known. Market terminology The terms "bull market" and "bear market" describe upward and downward market trends, respectively, and can be used to describe either the market as a whole or specific sectors and securities. The terms come from London's Exchange Alley in the early 18th century, where traders who engaged in naked short selling were called "bear-skin jobbers" because they sold a bear's skin (the s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bull Market
A market trend is a perceived tendency of financial markets to move in a particular direction over time. Analysts classify these trends as ''secular'' for long time-frames, ''primary'' for medium time-frames, and ''secondary'' for short time-frames. Traders attempt to identify market trends using technical analysis, a framework which characterizes market trends as predictable price tendencies within the market when price reaches support and resistance levels, varying over time. A market trend can only be determined in hindsight, since at any time prices in the future are not known. Market terminology The terms "bull market" and "bear market" describe upward and downward market trends, respectively, and can be used to describe either the market as a whole or specific sectors and securities. The terms come from London's Exchange Alley in the early 18th century, where traders who engaged in naked short selling were called "bear-skin jobbers" because they sold a bear's skin (the s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sir Horace Mann
Sir Horatio (Horace) Mann, 2nd Baronet (2 February 1744 – 2 April 1814) was a British politician who sat in the House of Commons between 1774 and 1807. He is remembered as a member of the Hambledon Club in Hampshire and a patron of Kent cricket. He was an occasional player but rarely in first-class matches. Early life Mann was the only surviving son of Galfridus Mann, an army clothier, of Boughton Place in Boughton Malherbe, Kent and his wife Sarah Gregory, daughter of John Gregory of London. He was educated at Charterhouse School and entered Peterhouse, Cambridge in 1760. His father died on 21 December 1756 and he succeeded to his estates at Boughton and Linton. He also inherited over £100,000 from his father. Mann married Lady Lucy Noel, daughter of Baptist Noel, 4th Earl of Gainsborough, on 13 April 1765. Cricket Mann had a number of influential friends including John Frederick Sackville, 3rd Duke of Dorset, with whom he shared a keen cricketing rivalry. He owned Bou ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Horace Walpole, 4th Earl Of Orford
Horatio Walpole (), 4th Earl of Orford (24 September 1717 – 2 March 1797), better known as Horace Walpole, was an English writer, art historian, man of letters, antiquarian, and Whig politician. He had Strawberry Hill House built in Twickenham, southwest London, reviving the Gothic style some decades before his Victorian successors. His literary reputation rests on the first Gothic novel, '' The Castle of Otranto'' (1764), and his ''Letters'', which are of significant social and political interest. They have been published by Yale University Press in 48 volumes. In 2017, a volume of Walpole's selected letters was published. The youngest son of the first British Prime Minister, Sir Robert Walpole, 1st Earl of Orford, he became the 4th and last Earl of Orford of the second creation on his nephew's death in 1791. Early life: 1717–1739 Walpole was born in London, the youngest son of British Prime Minister Sir Robert Walpole and his wife Catherine. Like his father, he rece ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Debt
Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase. The debt may be owed by sovereign state or country, local government, company, or an individual. Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. Loans, bonds, notes, and mortgages are all types of debt. In financial accounting, debt is a type of financial transaction, as distinct from equity. The term can also be used metaphorically to cover moral obligations and other interactions not based on a monetary value. For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person. Etymology The English term "debt" was first used in the late 13th century. The term "debt" comes ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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President-elect
An ''officer-elect'' is a person who has been elected to a position but has not yet been installed. Notably, a president who has been elected but not yet installed would be referred to as a ''president-elect'' (e.g. president-elect of the United States). Analogously, the term ''-designate'' (e.g. prime minister-designate) is used for the same purpose. History This usage of the term ''-elect'' originated in the Catholic Church, where bishops were elected but would not take office until ordained. In addition, the winner of a papal election would be known as the ''pope-elect'' until he was confirmed and actually became pope. The term entered politics with the practice of elective monarchy. For example, the Holy Roman emperor was elected by a college of prince-electors, but the winning candidate would not become emperor until he was crowned by the pope. Between election and coronation, he was known as the ''imperator electus'', or emperor-elect. By the 19th century, the term ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Roger Clinton, Jr
Roger is a given name, usually masculine, and a surname. The given name is derived from the Old French personal names ' and '. These names are of Germanic origin, derived from the elements ', ''χrōþi'' ("fame", "renown", "honour") and ', ' ("spear", "lance") (Hrōþigēraz). The name was introduced into England by the Normans. In Normandy, the Frankish name had been reinforced by the Old Norse cognate '. The name introduced into England replaced the Old English cognate '. ''Roger'' became a very common given name during the Middle Ages. A variant form of the given name ''Roger'' that is closer to the name's origin is ''Rodger''. Slang and other uses Roger is also a short version of the term "Jolly Roger", which refers to a black flag with a white skull and crossbones, formerly used by sea pirates since as early as 1723. From up to , Roger was slang for the word "penis". In ''Under Milk Wood'', Dylan Thomas writes "jolly, rodgered" suggesting both the sexual double ente ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Democratic Party (USA)
The Democratic Party is one of the two major contemporary political parties in the United States. Founded in 1828, it was predominantly built by Martin Van Buren, who assembled a wide cadre of politicians in every state behind war hero Andrew Jackson, making it the world's oldest active political party.M. Philip Lucas, "Martin Van Buren as Party Leader and at Andrew Jackson's Right Hand." in ''A Companion to the Antebellum Presidents 1837–1861'' (2014): 107–129."The Democratic Party, founded in 1828, is the world's oldest political party" states Its main political rival has been the Republican Party since the 1850s. The party is a big tent, and though it is often described as liberal, it is less ideologically uniform than the Republican Party (with major individuals within it frequently holding widely different political views) due to the broader list of unique voting blocs that compose it. The historical predecessor of the Democratic Party is considered to be the D ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bill Clinton Pardons Controversy
Bill Clinton was criticized for some of his presidential pardons and acts of executive clemency. Pardoning or commuting sentences is a power granted by the Constitution to sitting U.S. presidents. Scholars use two different models to describe the pardons process. Clinton used the presidential model, viewing the pardon power as a convenient resource that could be used to advance specific policy goals. In contrast, the agency model views the pardons process as process driven by nonpolitical legal experts in the Department of Justice. Clinton chose to make nearly a third of them on January 20, 2001, his last day in office. This was ridiculed as Pardongate. While Clinton pardoned a large number (450) of people compared with his immediate one-term predecessor Republican George H. W. Bush, who pardoned only 75, the number of people pardoned by Clinton was comparable to that pardoned by two-term Republican Ronald Reagan and one-term Democrat Jimmy Carter, who pardoned 393 and 534 respec ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |