Word: bille
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...entered September as the can-do dealmaker who seemed to have finally gotten the yearlong mortgage crisis under control. Now, after the expensive rescues of Fannie Mae, Freddie Mac and AIG, the failure of Lehman Brothers, and the painfully dramatic struggle to get a $700 billion financial bailout bill through Congress, he is a much-diminished figure. He has zigzagged and he has waffled and he has backtracked. His decisions and his motives have been harshly questioned on Capitol Hill and by the press. And he's just tired. He gave off the vibe today that he might just...
President-elect Barack Obama’s use of the Internet and his focus on the youth vote have transformed the way campaigns are run, according to four Institute of Politics fellows who spoke at the Forum on Monday night. The event, moderated by Institute of Politics Director Bill P. Purcell, focused on what made Obama’s campaign victorious and the future Obama administration. “The youth vote went three to one for Obama, higher than ever before,” said Jennifer Donahue, a political reporter who directs the New Hampshire Institute of Politics...
...plate. Bizarre though it was, the dish was the best part of the meal. Who knew that Wonderbread would be such a great foil to the milky-rich coconut custard? With four people ordering appetizers and entrees and drinking water (Shabu Square doesn’t serve alcohol), the bill came to a modest $63, including tax and tip, so things could have been worse.We all scrambled out of our booths and out into the blessedly cool evening as soon as the bills were paid, and probably will never go back. Frankly, I was embarrassed at having forced my friends...
...able to do both. The fact that his career has already been marked by such brilliance and achievement makes his case all the more compelling. He is a winner of the prestigious John Bates Clark Medal, a former Chief Economist of the World Bank, and a Treasury secretary under Bill Clinton. Far from requiring on-the-job training, Summers could begin guiding economic policy from his first day in office, a point that cannot be undervalued in this time of urgent economic peril.Like everyone else, Summers is not perfect. His manner can be brusque, and he does have something...
...patriotism and perhaps pity from men who, knowing what the job entails, are uniquely positioned to help. Barack Obama has an interesting array of predecessors to choose from: Jimmy Carter, the acclaimed humanitarian who has seemed at times to delight in tormenting his successors; Bill Clinton, whose own chapter in history has some extra footnotes now with Obama's win; and two Presidents named Bush, one with a more recent feel for just how crushing the job will be, the other with perhaps more useful advice in how to manage...