Word: bondses
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But once I got to Los Angeles, I learned that the East Coast version of democracy is weak. In L.A. we vote all the time, on everything. We've already voted twice since everybody else last voted in November. Thanks to the endless ballot-initiative system, in the four years...
They could not have known how the nation of Israel would rise out of the destruction of the Holocaust and the strong, enduring bonds between that great nation and my own. And they could not have known that one day an American President would visit this place and speak of...
America's strong bonds with Israel are well known. This bond is unbreakable. It is based upon cultural and historical ties, and the recognition that the aspiration for a Jewish homeland is rooted in a tragic history that cannot be denied. (See pictures of heartbreak in the Middle East.)
That same year, Falcone joined the securities firm Kidder, Peabody & Co. in the risky business of handling high-interest junk bonds.
As messages go, it doesn't get much clearer than that. But Geithner has known all along that there were two critical first steps the U.S. had to take in order to begin the process of reassuring its creditors. It had to demonstrate that it had a grip on the...