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Thursday, March 28, 2024

Posts Tagged ‘Summers’

Who are the 1%, Vote Now

Who are the 1%, Vote Now

  Know the Facts   In just the last generation, the richest 1% almost quadrupled their incomes. The average wealth of the 1% is 225 times bigger than the wealth of the typical household – the highest it’s ever been. Three decades ago, CEOs made about 40 times as much as an average worker – now CEOs make almost 200 times as much as regular employees. Last year, half of Americans earned less than $26,000 while CEOs at top 500 companies raked in an average of $11 million. Over the ... Full Story

On This Day, November 12, 1965

On This Day, November 12, 1965

Goldenrod sets the land-speed record On this day in 1965, brothers Bill and Bob Summers set a world land-speed record—409.277 miles per hour—on the Bonneville Salt Flats in Utah. They did it in an amazing, hemi-powered hot rod they called the Goldenrod. (The car got its name from the '57 Chevy gold paint the brothers used.) Today, the Goldenrod is on display at the Henry Ford Museum in Dearborn, Michigan. The Summers brothers—Bill was the levelheaded engineer and Bob was the daredevil ... Full Story