John F. Kennedy was familiar with policy formation and the legislative process from his numerous years of experience in Congress. According to Biographer Theodore White, President Kennedy was responsible for more legislation than any other president since FDRâs administration in the early thirties.ownload. EISENHOWER & KENNEDY: WORLDS APART Two of the most memorable and influential presidents, in the history of the United States, Dwight D. Eisenhower and John F. Kennedy were living legends in their time.
The first credit card. In 1950, Diners Club and American Express launched their charge cards in the USA, the first âplastic moneyâ. In 1951, Diners Club issued the first credit card to 200 customers who could use it at 27 restaurants in New York. But it was only until the establishment of standards for the magnetic strip in 1970 that the credit card became part of the information age.
The first bank to initiate the permanent issue of banknotes was the Bank of England. Established in 1694 to raise money for the funding of the war against France, the bank began issuing notes in 1695 with the promise to pay the bearer the value of the note on demand.