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There is always hope for more bad news and battles between the government and large banks that would bring the issues back to the front pages of the press. The losses from credit cards, commercial real estate, corporate loans, and derivatives may be substantially greater than the government could have ever imagined. Banks could face hundreds of billions of dollars in additional write-offs. The government and bankers did not see the crisis that is just passing coming. They almost certainly won't see the next...
...oldie, but a goodie. Beautiful fountains, rich history, endless fields, and a lively atmosphere make this much more than just your average public park. And it’s absolutely free! Go there—and bring your Life Sci notes if you have to. Bound by Tremont, Beacon, Charles, Park and Boylston Streets, MBTA: Park Street Station...
...trust, partisanship in place of unity, hopelessness in place of change. Ironically, the continuation of the policies that ensured his campaign’s success has forced Obama to abandon many of the promises he made during that campaign in the first place. The administration that promised to bring change to America has instead brought only more division—a division that may ensure Obama’s election in 2012 but will sacrifice his message in the process...
...There's always the chance that some new issue - immigration? Iran? cap and trade? something nobody has thought of yet? - will blow up and bring the GOP back to life. Maybe one of the new GOP chin-stroking groups will come up with some killer new ideas to help the party reconnect with ordinary Americans. But Republicans know their best hope for recovery, whether they say it like Limbaugh or merely think it, is Democratic failure. Now that Democrats control both Congress and the White House, hubris is a real possibility; it's hard to imagine Obama floating his pitiful...
...Richard Nixon proposed a universal system in which employers would be required to pay for their employees' coverage, but Democrats blocked it because they favored a government-run single-payer system. Twenty years later, Bill and Hillary Clinton proposed a system similar to Nixon's - but failed to bring aboard moderate Republicans, who favored a universal system based on requiring individuals rather than employers to participate. In the 2008 campaign, Obama and Hillary Clinton proposed plans that looked very much like the 1993 Republican scheme - do you detect a pattern here? - and the congressional debate, which will take place this...