tag:blogger.com,1999:blog-1527840491496268397.post3451357100664666224..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Books Read - Q1 2020Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1527840491496268397.post-73962642405048897922020-04-02T09:31:16.342-07:002020-04-02T09:31:16.342-07:00Civil War History is fascinating. Joseph Johnston ...Civil War History is fascinating. Joseph Johnston would have possibly won it.<br /><br />"At the same time, Sherman approached Atlanta. His Confederate opponent, Joseph E. Johnston, had adopted the same approach the Russians had in 1812, trading territory for time and lengthening the enemy’s supply line. By the time Sherman neared Atlanta, almost 30 percent of his original strength had diminished from attrition and the need to protect his line of communications.25 Confederate political leaders had grown impatient with the apparent lack of decisive action, and Jefferson Davis replaced Johnston with John Bell Hood, who had lobbied for the job with promises he would seek immediate battle. Hood attacked three times, and the defensive advantages of Union armies led to three defeats. When Sherman cut Atlanta’s last railroad on August 31, Hood evacuated the city."<br /><br />Politicians put an aggressive Texan in charge. Johnston was never defeated in a battle, was bleeding Sherman dry. <br />The fact the Alamo is remembered as some sort of victory tells you all you need to know about Texan strategic thinking. Had Johnston held Atlanta through November, Lincoln might have lost re-election.Anonymousnoreply@blogger.com