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...commend Nancy Gibbs for using her column to state what we are unlikely to hear from any elected official: that thrift is an important virtue and that our failure to practice it has helped bring on the current economic collapse [Oct. 13]. Those who lived through the Great Depression endured a scare that prompted them to scrimp and save, something the current generation does not do. Now Americans generally believe they are entitled to whatever they want without regard to whether they can afford it. The list of what we have come to consider necessities would stun those from most...
...ideas and attitudes, especially regarding the role of government. Consider what might be called "the tale of two Secretaries." Treasury Secretary Hank Paulson (along with Federal Reserve Chairman Ben Bernanke, who presides over an immeasurably more potent Federal Reserve system than existed in 1929) has acted with vigor to bring the full powers of the Federal Government to bear in the current crisis. In dramatic contrast, when Herbert Hoover asked his Secretary of the Treasury, Andrew Mellon, for advice on how to cope with the financial implosion of 1929, Mellon replied, "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real...
Gage: Well, maybe the question is ... To what degree does it matter? So we think of someone like L.B.J., who everybody knows had this very ... volatile temperament. He liked to kind of intimidate his staffers, bring them close, and you had this whole approach. And the question is, So to what degree did that matter? To what degree did that change political outcomes...
...they are physical structures, and perhaps should not be cut so easily from their context, stripped of their contents, and placed together in a museum. And although “Place (Village)” succeeds in suggesting a sense of melancholy, the method feels overdone. The dollhouses immediately bring to mind images of deserted Disneylands, Lilliputian worlds, and models for gated suburban housing communities. While the art is beautiful, it fails to strike the viewer in a more significant way, resulting in a pointed absence of emotion that stems from the work’s lack of originality...
...case of Nicaragua has become super emblematic in Latin America because there was a revolution here and it was supposed to bring social change," she said. "If this was Pinochet's Chile, no one would expect differently, but with Ortega, it's doubly hard...