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...even the descendant of an East-African goatherd—can become president. Anyone, nowadays at least, who has gone to Harvard.While a government of elites may appear obnoxious to American democratic impulses, for the most part the supposed intellectual quality of the Obama administration elicits praise and not blame. For in America, the aristocracy—at least, as it considers itself—is in fact a meritocracy, since the contemporary arbiters of prestige—the elite universities—are open to anyone with a record of high achievement. Obama, eschewing party hacks and otherwise unenlightened...

Author: By Christopher B. Lacaria | Title: Rule of the Wise | 12/8/2008 | See Source »

Nixon, Richard M. •antipathy of - "I'll never let those sons-of-bitches in the White House again. Never, never, never" - toward Ivy League school presidents is voiced by •desire of to have Brookings Institution "cleaned out in a way that has somebody else take the blame" is voiced by •enemies - "The press is the enemy. The establishment is the enemy. The professors are the enemy. Professors are the enemy. Write that on a blackboard one hundred times and never forget it" - are seen everywhere...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 12/5/2008 | See Source »

...Agriculture and Construction: Blame Mother Nature, not the economy, for delayed harvests in the Richmond, Chicago and Minneapolis Districts, all of which experienced unusually wet weather. Corn farmers in the Midwest are still feeling the aftershock of a Nov. 1 bankruptcy in South Dakota (one of the nation's largest ethanol producrs). A global drop in cotton demand hurt the region's cotton farmers, who saw both a decline in prices and one of the smallest harvests in 25 years. Homebuilders in the Sixth District, which includes Alabama, Florida and Georgia, noted historically high inventory numbers, despite Florida's modest...

Author: /time Magazine | Title: The Fed's Bleak Biz Report | 12/4/2008 | See Source »

...Iraqi parliament, U.S. troops must leave no later than the end of 2011; a referendum next summer could bring that deadline even closer. As the drawdown gathers speed, it will diminish the U.S.'s ability to influence Iraqi affairs. "Very soon, we will no longer have foreigners to blame for our problems--or to solve them," says Amar Fayyad, a political scientist at Baghdad University. "Iraq will be walking on its own feet...

Author: /time Magazine | Title: When the U.S. Leaves, Will Iraq Strut or Stumble? | 12/4/2008 | See Source »

...uncovered, and certainly never released to the public. Faced with an election in May, the Indian National Congress, currently in power, will never attribute the deed to Indians, be they anti-modern Indian Muslims in a global terror network, or Hindu extremists funded by BJP. They will continue to blame rogue Pakistani nationals, but not the Pakistani state. Even if the assassins weren’t really rogue Pakistani Muslims, public discourse will remain framed in terms of Indian-Pakistani security relations. By blaming rogue extremists, the usual suspects, they limit talk of both global fundamentalist terrorism and state-sponsored...

Author: By Raúl A. Carrillo | Title: You Can Fool Us Once | 12/4/2008 | See Source »

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