The introduction of this section says that there were three developments that characterized the United States after world war ii. Well start moving our way towards the 19d 60s and cultural revolution. They had paid more attention to whats regarded and really had its seeds planted in the 1950s. Someone describe who the old culture is like. It is sort of a shared American Culture of the 20th centuries. The little piece that i gave you from william book that describes americans of this generation. In a way victorianism which is considered conservative it was actually liberal in its day. It was advanced in premodern cultural patterns. Liberalism is sort of a new thing and principals of classic of the 19th century are considered conservative today. They are by Police Standards conservative. There were advanced with regard to sort of old world or premoderate traditionalism. How families are formed it was arranged marriages and were considered as property and a way of preserving property. The
Our way towards the 1960s and the cultural revolution. Since historians have recently paid more attention to the ways in which whats often recorded as the 60s cultural revolution really had its seeds planted in the 1950s. So i wanted to describe what the old culture was like. Sometimes referred to as victorian, sort of the shared Anglo American culture of the 19th and into the 20th centuries. The little piece that i gave you from william oneills book on america 1945, sort of describes some of the cultural assumptions of americans of this generation. And in a way, victorianism, which today is considered, you know, conservative. In ways, its a derogatory term, puritanical, oldfashioned and retrograde, but much like liberalism, victorianism was actually liberal in its day. In the 19th century, it was an advance upon earlier, premodern cultural patterns, much as liberalism in the 19th century was sort of a progressive, new thing, and the principles of classical liberalism of the 19th centu
You. Thank you. So, when you were with us on august 7th, you said the market is fully valued. From then until then the Dow Jones Industrial average is up 6 , the s p up 4 we overvalued now . Not yet, no i would say that, you know, basically bull markets ended over valuation and i dont think were overvalued use whatever adjective you want to describe it the market is not cheap and its not expensive. So as i think ive been saying, i think were kind of approaching normalization, and to me normalization is a 17 multiple on earnings and the trick is what is the earnings youre looking at . You know President Trump and the republicans get their way, and we have a tax package, you can see earnings next year in the s p about 150 and the 17 multiple and 150, i think its 2550 that would be fair value, full value but fair values, and, you know, most bull markets end over valuations so took another 10 to 15 to that number. The trend is favorable and the conditions that normally lead to a big market
The next army secretary. Other nominees included the defense undersecretary for intelligence and for personnel and readiness and the assistant defense secretary who advises on weapons of mass destruction to the committee is chaired by her son senator john mccain. This is just under two hours. [inaudible conversations] [inaudible conversations] the Senate Armed Services Committee Meets today to consider the nominations of mark espers to be secretary of the army or robert l. Wilkie to be undersecretary of defense for personnel and readiness Joseph D Kernan to be undersecretary of defense for intelligence and roberts were Nuclear Chemical and biological defense weapons. I would like to say that ive been pleased with the reaction of the secretary of defense and the administration being cooperative and responding to our questions and to our ability to carry out our responsibilities on the Defense Authorization bill. I think most members were happy with their briefing that we received concer
Victorian. That is what we will Start Talking about today, the culture of the 1950s and leading toward the 1960s and the cultural revolution. Historians have paid more to the 1960s cultural revolution. But it had the seeds planted in the 1950s. I will describe what the old culture was like. Sometimes referred to as victorian, angloAmerican Culture of the 19th and into the 20th centuries. The little piece that i gave you from william oneills book on america in 1945 describes the cultural assumptions of americans of this generation. Victorianism is today considered conservative in that it is kind of a derogatory term, considered puritanical, oldfashioned, retrograde, but much like the term liberalism, victorianism was actually liberalism of its day. It was in advance of premodern cultural patterns. Much as liberalism was a progressive new thing and the principles of classical liberalism of the 19th century is considered conservative. Likewise, the progressive conservative developments of