Charles J Jaracy (1918 - 1995)

Refresh this page to see various historical events that occurred during Charles' lifetime.

In 1918, in the year that Charles J Jaracy was born, federal spending was $12.68 billion, unemployment was 1.4% and the cost of a first-class stamp was 3 cents.

In 1934, when he was 16 years old, 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.

In 1958, when he was 40 years old, on January 31st, Explorer I, the United States' answer to Sputnik I (and 2,) was launched. America had entered the Space Race. The first spacecraft to detect the Van Allen radiation belt, it remained in orbit until 1970.

In 1969, at the age of 51 years old, Charles was alive when on January 20th, Richard M. Nixon became the 37th President of the United States. Previously the Vice President to President Eisenhower, Nixon was the only President to resign in office - in his second term.

In 1995, in the year of Charles J Jaracy's passing, on May 19th, the deadliest terrorist attack on American soil - before 9/11 - took place in Oklahoma City. A truck bomb went off outside the Alfred P. Murrah Federal Building in downtown - killing 68 people, injuring more than 680 others, and destroying one-third of the building. The most disturbing images were of children - a daycare center was hit by the bomb. The deadliest incident of domestic terrorism ever, Timothy McVeigh, Terry Nichols, and Michael Fortier were convicted of the bombing.