This is August 15. Perhaps you know the historical importance of this very date more than a generation ago. Well, it marks the beginning of Woodstock, “three days of peace, love, and music,” in 1969. The music festival drew 400,000 people – and many more who would later claim to have been there! But it is also a red letter day in our country’s economic history. On August 15, 1971 events were set in motion that are driving to an unhappy finish. It was on this date 46 year ago that President Nixon severed the last remaining link of the … Continue reading August 15 – A Red Letter Day