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The release of two atomic bombs on Japan in August 1945 helped end World War II but ushered in the Cold War, a conflict between the United States and the Soviet Union that dragged on nearly half a century. ... Cold War calculations led to a divided Germany and U.S. involvement in wars in Korea and Vietnam
In order to insulate the courts from POPULAR PASSIONS, the founders ensure that federal judges are APPOINTED FOR LIFE. The principal objective of the life tenure given to federal judges is to insulate them external pressures. The life term provides job security for them and enable them to do what is right under the law, since they do not have to fear that their position will be terminated if they make unpopular decisions.
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Many people were on margin (that's when you put your stock up for security and the bank makes you a loan to buy more stock. Effectively the bank owns the stock). "Everybody's doing it. You can make scads of money doing it." When the market crashed, in many cases it took everything you had. Those who knew what was going on panicked.
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