Word: addressing
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Many Democrats like to think of Barack Obama as a reincarnated JFK, but his congressional colleagues reached further back in time Monday to resurrect FDR and his pump-priming New Deal jobs program to help bolster a wobbly economy. "We need to address the fragility of markets, the stability of our economy," House Speaker Nancy Pelosi said as she prepared to meet behind closed doors to talk about the contours of a $150 billion stimulus plan with a high-powered squad of liberal economists including Joseph Stiglitz and Lawrence Summers, both of whom held senior posts during the Clinton Administration...
...world's markets seem willing to settle for that. After last week's losses wiped between 15% to nearly 25% of value off indices around the globe, formerly freaked traders scurried to buy back stocks as slow-moving political leaders responded in union to address the credit crisis. Outdoing Wall Street's 11% romp on Monday, the Nikkei shot up 14.2% Tuesday - an all-time record - making up for lost time after Monday's national holiday. But other Asian indices continued their previous climbs as well. Hong Kong's Hang Seng was up 3.2% over its 10.5% push Monday, while...
...Like Palin's statements late last week, McCain's radio address was carefully written to avoid outright falsehoods, while effectively misleading voters about the background of Obama's votes. It is true that Obama voted against a state bill that had language similar to a federal law. But the Obama campaign says Obama would not have objected to the federal law if Obama had been in the U.S. Senate at the time...
...there's more than one kind of rousing. The last night at the Alamo was also stirring. Some rousing speeches were delivered in the trenches of the Somme. Given the dreadful litany that began his address, McCain couldn't quite shake the shadow of existential gloom...
...Though the common rules adopted under the euro-group plan will still be applied at the national level at the discretion of individual governments, the action marks the first concerted effort to address the chaos in Europe following weeks of dislocated, often controversial responses by each country on a case-by-case basis. In announcing their plan, Sarkozy and his partners applauded both its comprehensive scope and the unity of support it enjoys...