Gerald Ford Became US President 36 Years Ago Today.

Gerald Ford became President without any votes being cast

36 years ago today in 1974, Gerald Ford became the first US President to come into office without a single vote being cast in his favour. The unprecedented transition of power under the 25th amendment officially occurred when Mr Nixon handed a letter of resignation to his Secretary of State Dr Henry Kissinger.

Speaking only minutes after taking the oath of office in the East Room of the White House, he said: “You have not elected me as your president by your ballots. So I ask you to confirm me as your president with your prayers.”

It’s hard to build your reputation and your ‘personal brand’ when people haven’t had the chance to see what you stand for.

What interests me as a marketer though is that during this time, significant research was done to establish what the average attention span of each person was, so that Gerald Ford could attempt to win over the hearts and minds of the population, using media sound-bites on tv and radio.


by jeremywaite

Gerald Ford became President without any votes being cast

36 years ago today in 1974, Gerald Ford became the first US President to come into office without a single vote being cast in his favour.  The unprecedented transition of power under the 25th amendment officially occurred when Mr Nixon handed a letter of resignation to his Secretary of State Dr Henry Kissinger.

Speaking only minutes after taking the oath of office in the East Room of the White House, he said: “You have not elected me as your president by your ballots. So I ask you to confirm me as your president with your prayers.”

It’s hard to build your reputation and your ‘personal brand’ when people haven’t had the chance to see what you stand for.

What interests me as a marketer though is that during this time, significant research was done to establish what the average attention span of each person was, so that Gerald Ford could attempt to win over the hearts and minds of the population, using media sound-bites on tv and radio. Leer más “Gerald Ford Became US President 36 Years Ago Today.”

The Complete Net Worth Of The American Presidents: From Washington To Obama

The fortunes of American presidents are tied to the economy in the eras in which they lived. For the first 75 years after Washington’s election, presidents generally made money on land, crops, and commodity speculation. A president who owned hundreds or thousands of acres could lose most or all of his property after a few years of poor crop yields. Wealthy Americans occasionally lost all of their money through land speculation—leveraging the value of one piece of land to buy additional property. Since there was no reliable national banking system and almost no liquidity in the value of private companies, land was the asset likely to provide the greatest yield, if the property yielded enough to support the costs of operating the farm or plantation.


President Gerald Ford appearing at the House J...
Image via Wikipedia

24/7 Wall St. has examined the finances of all forty-three presidents. This article provides net worth figures for each in 2010 dollars.  Because a number of presidents, particularly in the early 19th Century, made and lost huge fortunes in a matter of a few years, the number for each man is based on his net worth at its peak.

See the net worths of the American Presidents  >

In the case of each president we have taken into account hard assets like land, estimated lifetime savings based on work history, inheritance, homes, and money paid for services, which include things as diverse as their salary as Collector of Customs at the Port of New York to membership on Fortune 500 boards. Royalties on books have also been taken into account, along with ownership of companies and yields from family estates.

The net worth of the presidents varies widely. George Washington was worth over half a billion in today’s dollars. Several presidents went bankrupt.

The fortunes of American presidents are tied to the economy in the eras in which they lived. For the first 75 years after Washington’s election, presidents generally made money on land, crops, and commodity speculation. A president who owned hundreds or thousands of acres could lose most or all of his property after a few years of poor crop yields. Wealthy Americans occasionally lost all of their money through land speculation—leveraging the value of one piece of land to buy additional property. Since there was no reliable national banking system and almost no liquidity in the value of private companies, land was the asset likely to provide the greatest yield, if the property yielded enough to support the costs of operating the farm or plantation. Leer más “The Complete Net Worth Of The American Presidents: From Washington To Obama”