Word: alongism
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This year, Abba will be inducted along with Genesis (prog rock), Jimmy Cliff (reggae), the Hollies (British Invasion rock) and the Stooges (punk). "This is the perfect class of inductees," says Henke. "Rock 'n' roll has developed into all those subgenres. They're all related." As a rule, an artist's career must have started at least 25 years ago for Hall nomination. This avoids one-hit wonders and bands that drop off the music map after one or two albums. (Remember Bush?) But no matter who is picked, every year there's at least one inductee who inspires complaints...
...most credible scenario for an irresistible groundswell of public support would have to include a tough consumer agency that would regulate financial products the way the FDA regulates food and drugs, along the lines proposed by bailout watchdog Elizabeth Warren. It wouldn't have to be a stand-alone agency; the FDA isn't, and nobody thinks of the Office of the Comptroller of the Currency as a Treasury agency just because its employee emails end with treas.gov. But it would have to be truly independent, with its own budget, its own presidentially-appointed director, and preferably its own address...
...independent consumer agency isn't the most vital provision for preventing another meltdown, but it's the most vital provision for persuading ordinary families that reform is about them. And along with significantly less vital provisions that would help shareholders rein in executive pay, it's the starkest way to make the case that opposing reform means doing the bidding of Wall Street. Sure, disputes over systemic risk, clearinghouses for derivatives, resolution authority for failing firms and proprietary trading are all important, but they're not going to move the masses. (See the top 10 financial-crisis buzzwords...
Geldof's spirited denials (he called the BBC a "rotten old cherry" and said there was not a "shred" of evidence to support the claim) drew support from NGOs that worked in Ethiopia at the time, along with those who remember the miseries of the famine which killed hundreds of thousands of people, as well as the gumption Geldof showed by pulling together rock stars from the U.S and Britain to help feed the victims. In the days since, however, Geldof has raised eyebrows for his apparent refusal to acknowledge the possibility that money may have been skimmed...
Members of various women’s groups agreed that “Clocks: A Conversation on Balancing a Career with a Life,” along with the Spark Award Banquet, was particularly inspiring...