Word: avoider
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...good news is that in the U.S. now, as Richard Berner, chief U.S. economist for Morgan Stanley, writes, "The ultimate bastion of defense against deflation is a Fed committed to avoid it at all costs." And that's what we have. Study of the Japanese experience became something of a cottage industry for Fed researchers over the past eight years, and the Fed has responded accordingly: lending directly to banks, backstopping the commercial-paper market (which companies use to raise short-term money), trying to bring yields on both long- and short-term maturities down. Further, Fed chairman Ben Bernanke...
...Kameron A. Collins ’09 had tried to call his great-grandmother in North Carolina—a battleground state where Obama was leading by a razor-thin margin at press time. The 90-something-year-old sent in an absentee ballot for Obama to avoid long lines at the polls, Collins said...
...lest I forget my personal favorite: the “invisible” status. You know, everyone needs to be invisible every now and then. Maybe you’re trying to avoid that kid who keeps asking you for lecture notes. Or maybe you only want to talk to your “baby boo.” I get that. But don’t go invisible on me in the middle of our conversation! How do I know you didn’t just sign off on me? Are we still talking or not? Going...
...Looking back at our "Races to Watch" series, just about all the conservative Republicans in traditionally red territory held seats needed by the GOP to avoid a blowout: Senators Roger Wicker in Mississippi, Mitch McConnell in Kentucky and, probably, Saxby Chambliss in Georgia, along with House members John Shadegg in Arizona, Cynthia Lummis in Wyoming and the Diaz-Balart brothers in Florida. It looks like graft-convicted Senator Ted Stevens of Alaska will somehow retain his seat long enough to get expelled, and his ethically and temperamentally challenged porkmate, Don Young, was re-elected as well; Michelle Bachmann of Minnesota...
...Iraq, expectations of Obama among some of his foreign fans are stratospheric. Many Britons are schooled in disappointment: they elected Blair and his Labour government in a burst of goodwill in 1997 but watched him leave office last year with much of that goodwill dissipated. "Obama has to avoid repeating the mistake we made back then," said one Labour MP. "We were too cautious, and we wasted our first term when we should have been doing big, bold things with our majority." It's a point that Labour Cabinet Minister Shaun Woodward made more obliquely. Obama, he said...