In November 1919, President Wilson proclaimed November 11 as the first commemoration of Armistice Day with the following words: "To us in America, the reflections of Armistice Day will be filled with solemn pride in the heroism of those who died in the country’s service and with gratitude for the victory, both because of the thing from which it has freed us and because of the opportunity it has given America to show her sympathy with peace and justice in the councils of the nations…"   The original concept for the celebration was for a day observed with parades and public meetings and a brief suspension of business beginning at 11 am.   An Act (52 Stat. 351; 5 U. S. Code, Sec. 87a) approved May 13, 1938, made the 11th of November in each year a legal holiday - - a day to be dedicated to the cause of world peace and to be thereafter celebrated and known as "Armistice Day." Armistice Day was primarily a day set aside to hono... [Read Full Article]

Politics and Economics Obama Pledges to Act on Economy 'Immediately' After Taking Office President-elect Barack Obama vowed to confront the nation's economy crisis “immediately after” taking office in January. He also called upon Congress to pass additional economic stimulus legislation including help for small businesses and an extension of unemployment insurance. New Administration Could Change Small Business Landscape The shift in power with the Democrats in the White House and Congress could change a host of policies affecting small business, including taxes and workers' benefits. [Read Full Article]