Word: baracks
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...first visit to the White House, President-elect Barack Obama asked President George W. Bush to support giving some aid to the tanking auto industry but was rebuffed. A month ago, the proposal might have received serious consideration, but the atmosphere inside the Administration has changed now that the most dangerous part of the crisis appears to have passed. "There wasn't much of a debate" among Bush's top economic advisers about using part of the bailout money to help automakers, says a senior Treasury Department official. Of the first $350 billion released by Congress last month under...
Missile-defense skeptics yearning for a fresh look at the wisdom of pumping $10 billion annually into missile defense aren't going to get it from Barack Obama when he moves into the Oval Office. The Russians - along with the two men most likely to end up running the Pentagon for the President-elect - have already made sure of that. It's a bracing reminder of just how difficult it is to counter momentum once a big-league defense program achieves what aerodynamicists call "escape velocity" - that synergy of speed and gravity that lets a vehicle soar smoothly into...
...account and notes that during the debates, he was often asked about religion while the other candidates dealt with questions of government policy. Why, he asks, was a "floating cross" in the window of one of his ads such a media controversy when reporters gave a pass to a Barack Obama direct-mail piece that obviously photographed the Democrat before a large Christian cross...
...course, there are a few in the world who still claim the end of capitalism is nigh, like the leaders of Iran and Venezuela and Georgia Congressman Paul Broun, who sees Marxism in Barack Obama's mainstream policies. But if the G-20 countries, which represent some 85%-90% of the global economy, are all on board for capitalism's preservation, why does Bush feel the need to defend...
Europeans saw a fervent wish fulfilled with Barack Obama's election victory, but it could mean more than they bargained for. For all their enthusiasm over the prospect of a new tone from Washington, European governments now face the sobering realization that the new President is far better placed than his predecessor to call on Europe to put more troops in harm's way in Afghanistan. It is a call they'd rather not take, but one that some may find hard to refuse...