Happy black history Month.

January 1st 1969, Marien Ngouabi was sworn in as the President of Republic of Congo.

But who was he? And why was he assassinated 8 years later after refusing to grant the French the oil region of Cabinda

#Thread

1. This is a thread about the Bristol Beaufighter & how it was the most important (if not the absolute ‘best’) heavy fighter of the SWW. Beaufighter origins go back to the Bristol Type 142 ‘Britain First’ built as a publicity stunt for Daily Mail owner Lord Rothermere in 1935.

2. With a top speed of 278mph, this was considerably faster than the Hawker Fury, which could only manage 207mph. A specification for a fast medium bomber was issued for a revised version of the 142M, named the Blenheim.

3. By the time the war started all-metal monoplane fighters had eclipsed the performance of the Blenheim. Serious shortcomings in operational capabilities of all RAF aircraft were revealed during early wartime aerial activity, leading to heavy losses of aircraft & crews.

4. Lack of defensive armament, armour & self-sealing tanks were added to the problems of looming obsolescence. The huge number of aircraft ordered from shadow factories, along with delays to replacement models, kept the Blenheim in the front line much longer than it should have.

5. Fighter Command had 7 Blenheim IF squadrons at the outbreak of war. These were dual purpose day/night units, but by early 1940 were operating primarily as night fighters. The need to provide cover for east coast convoys led to the formation of 4 ‘trade protection’ squadrons.

Accountancy is more likely to be mocked than celebrated (or condemned), but accountants, far more than poets, are the unacknowledged legislators of the world.

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Though "bean counters" are employed by firms, they are notionally bound by a professional code of ethics every bit as serious as the Hippocratic Oath: "count things honestly." Without an accurate accounting of quantities, you can't make good decisions on quality.

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Though accountancy concerns itself with counting things, it is inextricably bound up with the realm of ideas, and accounting conventions (how you account for things) are philosophical matters, not empirical ones.

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It's no coincidence that #ModernMonetaryTheory owes more to accountancy than it does to economics. Economic accounts of the economy have an unfortunate tendency to proceed from first principles, creating models based on pure reason, without checking in on the actual world.

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For example, neoclassical econ's "homo economicus," the rational value-maximizing actor who populated so many models; or economists' insistence on targeting inflation with interest rates; or treating national "debts" like they were household debts.

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Post Independence, Army wanted to select the most experienced Indian commander as Army chief. But Nehru without consulting anyone appointed Gen Rob Lockhart, a senior British Army officer as the Commander-in-Chief (C-in-C) of the Indian Army.

Most people were shocked to know that Nehru selected a British Man after fighting for independence for over 200 years! Major Gen A A ‘Jick’ Rudra of the Indian Army was completely upset with the decision.

One day Lockhart met Nehru with a strategic plan and proposed many government directive defence policies for the country. He placed it on the table and explained the point to PM Nehru. After a while Lockhart walked out of the room and met AA Jick Rudra,+

Lockhart looked shell shocked and stunned. When asked what happened he said “The PM took one look at my paper and blew his top. Rubbish! Total rubbish! We don’t need a defence plan. Our policy is ahimsa (non-violence). We foresee no military threats. Scrap the army!”

One year after the incident the Kashmir crisis had increased and Gen Lockhart used to exchange ideas with the Gen Douglas Gracey who was commander in chief of Pakistan Army.There were many infiltrations along the border which Lockhart knew and took no action. But Lt Gen Cariappa+

Along with police, well-connected and well-intentioned people arrived at the Lindbergh estate. Military colonels offered their aid, although only one had law enforcement expertise—Herbert Norman Schwarzkopf, superintendent of the New Jersey State Police. The other colonels were

Henry Skillman Breckinridge, a Wall Street lawyer; and William J. Donovan, a hero of the First World War who would later head the Office of Strategic Services (OSS), the forerunner of the CIA. Lindbergh and these men speculated that the kidnapping was perpetrated by organized

crime figures. They thought that the letter was written by someone who spoke German as his native language. At this time, Charles Lindbergh used his influence to control the direction of the investigation.

The deepest banking crisis of the Great Depression was touched off by the pending failure of two Detroit banks in early 1933. For several weeks, by law, every bank in the entire state of Michigan was closed for business. It was from these beginnings that a national banking

crisis engulfed the final days of the Hoover Administration. What transpired to bring on such a calamitous event? How did individuals cope in that interval without a banking system?

In 1927, a young Spanish boy, aged 8, - who would become the 18th Duque de Alberquerque - sat in a cinema watching a newsreel of the Grand National.
In that moment, an impossible dream was born.
Born on the 15 December 1918, the boy - Beltran de Osorio y Diez de Rivera

- was so enchanted that he resolved one day win to the great race himself.
Aged 33, the Duke - having ridden in French steeplechases - made his Grand National debut in 1952, putting up ten pound overweight on his own eight-year-old Brown Jack lll (Pic), trained by Peter Cazalet.

The tall Spaniard fell at the sixth, sustaining cracked ribs and concussion

His second attempt came eleven years later aboard the Irish-bred Jonjo (named after its joint owners John O'Hagen and Joe Thompson).
Together the 44-year-old Duke and the 13-year-old Jonjo completed the

first circuit safely enough and were well up with the leaders when being unluckily brought down at the 21st.
In 1965 the Duke took a bad fall from Groomsman at Valentine's and was taken to Walton General Hospital with a broken leg

His ride in 1966 was on the doubtful stayer

L'Empereur who had to pulled up at the 26th

He was back again in 1973, pulling Nereo up at the Canal Turn. He finished 8th on the same horse the following year.

Yet another bad fall a week before the 1975 National resulted in yet another broken leg, ruling him out of the race,