Washington, D. C. -
President Barack Obama was inaugurated on Jan. 20, 2009, and the Dow was at 7,949.09. The Dow bottomed on March 9, 2009, at 6,547.05, which was then at its lowest level since 1997. The S&P 500 and the Nasdaq also hit bottom between those dates.
Ira Katznelson's new book, Fear Itself: the New Deal and Origins of Our Time, (Liveright Publishers) is the most provocative work ever written on the subject. The history it high lights is further proof that the past is not the past, but prologue.
The trailer for Bill Murray's upcoming film "Hyde Park on Hudson" has been released and features a charming, witty portrayal of Franklin D. Roosevelt as he hosts a stint for King George VI and Queen Elizabeth in upstate New York in 1939.
Barred from the White House, the Dalai Lama, the 1989 Nobel Peace Prize winner sends Obama a letter with congratulations and some good advice, but his message may be ignored just like an earlier message from Lech Walesa, also a Nobel Prize laureate.