Word: baseness
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...state spending in order to offset the drop in business activity. But this time, the gigantic cost of bank bailouts will leave national treasuries with little room for maneuver. Indeed, the bailout plans - under which stricken banks will receive direct injections of taxpayer money to strengthen their capital base, while governments provide guarantees aimed at getting banks to lend to one another again - may well throw government finances seriously out of kilter...
...Obama has proposed a similar plan. "We're going to put two million more Americans to work, rebuilding our crumbling roads and schools and bridges," he said last Thursday in Ohio. For those wondering how Washington can afford it, he has an answer that pleases his base, if not his budget-balancers: "If we can spend $10 billion a month in Iraq, we can spend $10 billion right here in the United States, rebuilding America...
...charter school called The Equity Project promises to bring teachers into the $100,000-plus-club as well. The Equity Project, which is located in the historically disadvantaged and largely Hispanic neighborhood of Washington Heights, seeks to fundamentally change the paradigm of American public education: By offering its teachers base salaries of $125,000, the school hopes to bring the best and brightest educators into its classrooms—a logical response to the large body of empirical research that suggests that teacher quality is one of the most important factors in students’ success. Whether or not this...
...interview on Russian television. More likely, this act of benevolence is being viewed as a way for Russia to help secure a bridgehead for an advance into the Arctic regions to claim the vast hydrocarbon and other mineral deposits there. Iceland also happens to possess a once vital NATO base, which has been in mothballs since 2006, and the Russians may be eyeing that as well...
...with the notion that Obama "isn't white or black; he's a little of both." Obama receives a favorable rating from more than 2 out of 3 economically stressed voters, far ahead of the ratings for McCain or his running mate, Sarah Palin, whose appeal outside the Republican base has been evaporating. The net result is that Obama has overtaken McCain among that volatile and often decisive demographic group: white women. And he has narrowed McCain's lead among white...