Word: americanizing
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...Death and Life of the Great American School System...
...partner at Kleiner Perkins. Doerr's enthusiasm and vision have been welcomed by the Obama team, just as they were by the Clinton Administration. In a recent interview, Obama mentioned Doerr as one of the corporate leaders he most admires. Doerr was also one of a handful of American executives invited to Obama's first state dinner, with India's Prime Minister in November, along with two other green-energy boosters, GE's Immelt and Honeywell's David Cote...
...Owens Corning and Dow Chemical, as well as environmental groups and labor unions. Most important, the plan has a presidential seal of approval. "Everybody on the Hill knows that the President is interested in this," explains Steven Nadel, executive director of one of the groups supporting the deal, the American Council for an Energy-Efficient Economy. Both the White House and Doerr say they see nothing improper about a campaign donor with direct industry interests helping draft policy for the White House. "The industry people are there as representatives of their industry," explains White House economist Austan Goolsbee, who advises...
Almost everyone seems to think that these mounting debts are a severe threat to American prosperity. But what if the real problem isn't too much debt but too much anxiety about debt...
Like home mortgages, much of the debt never has to be paid down. Half of the debt of trillions of dollars is owed by the federal government to itself, and a quarter more is owed to the American public. Because of the unique role of the dollar as the global reserve currency, the debt the government owes itself can simply be rolled over endlessly. Only the interest payments are a must. As long as the dollar remains central to the global system - and there is little chance of that changing in the next decade - the U.S. will have the latitude...