Preparedness Notes for Wednesday — February 25, 2026
On February 25, 1791, the First Bank of the United States was chartered by the United States Congress for a term of 20 years. JWR’s Comment: Many economists point to this as the first in a chain of events that would lead the United States into perpetual debt and the positioning bankers as the nation’s ruling elite, opertating from the shadows. — February 25, 1855: Bowery Boys gang leader William “Bill the Butcher” Poole was shot in the back by the gang of archrival John Morrissey in New York City. (He died on March 8th of the same year.) — …