Asa T Burt (1934 - 1997)

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Summary

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Asa T Burt Biography & Family History

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Birth

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Obituary

Last Known Residence

Whitfield, Rankin County, Mississippi

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Middle name

T

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Gender

Male

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Timeline

1934 - In the year that Asa T Burt was born, on June 6th, the U.S. Securities and Exchange Commission was formed as a response to the stock market crash of 1929 and the continuing Great Depression. Previously, the states regulated the offering and sales of stocks - called "blue sky" laws. They were largely ineffective. Roosevelt created a group (one member was Joseph Kennedy, father of the future President Kennedy) who knew Wall Street well and they defined the mission and operating mode for the SEC. The new organization had broad and stringent rules and oversight and restored public confidence in the stock market in the United States.

1941 - At the age of only 7 years old, Asa was alive when in his State of the Union address on January 6th, President Roosevelt detailed the "four freedoms" that everyone in the world should have: Freedom of speech, Freedom of worship, Freedom from want, and Freedom from fear. In the same speech, he outlined the benefits of democracy which he said were economic opportunity, employment, social security, and the promise of "adequate health care".

1950 - By the time he was 16 years old, in February, Joe McCarthy gave a speech alleging that he had a list of "members of the Communist Party and members of a spy ring" who worked in the State Department. He went on to chair a committee that investigated not only the State Department but also the administration of President Harry S. Truman, the Voice of America, and the U.S. Army for communist spies - until he was condemned by the U.S. Senate in 1954.

1971 - By the time he was 37 years old, in March, Intel shipped the first microprocessor to Busicom, a Japanese manufacturer of calculators. The microprocessor has since allowed computers to become smaller and faster, leading to smaller and more versatile handheld devices, home computers, and supercomputers.

1997 - In the year of Asa T Burt's passing, on July 1st, Hong Kong was returned to China. In 1898, Great Britain was awarded Hong Kong for 99 years. In a subsequent agreement, China agreed to allow Hong Kong to remain capitalist. So the handing over of the area ended British rule but did not change the economic system of Hong Kong.

Asa T Burt Family Tree

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Obituary

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Asa T Burt died on September 29, 1997 at 63 years of age. No cause of death has been listed. He was born on April 30, 1934. We are unaware of information about Asa's surviving family. We know that Asa T Burt had been residing in Whitfield, Rankin County, Mississippi.

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