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...above that storm. David Voetmann, along with aircraft designer Tom Hamilton, hatched the idea for the company in 1998. A former pilot who flew relief and medical-evacuation missions for a host of organizations in Africa, Voetmann realized in the '80s that someone had to develop a new bush utility plane, since refurbishing engines of old models like the Beaver was no longer cost-efficient. So he partnered with Hamilton and began tapping on the doors of nontraditional investors: missionary-aviation organizations. His hope was that they would provide seed money in exchange for Kodiaks at cost...
What a crazy idea; he might make money anyway. There is a real need for a bush turboprop to be built with the latest aerodynamic and engine technologies. Organizations serving populations in crisis in developing countries need a plane that can operate safely on short dirt airstrips. The Kodiak, with its small wingspan of 45 ft. (15 m), advanced flap technology and high power-to-weight ratio, can land and take off in less than 700 ft. (210 m) and climb at a rapid 1,700 ft. per min. (520 m per min.). The Kodiak can be retrofitted for other...
...last time we got close to writing drastic regulation on credit or debit cards was in 1991, when 74 senators voted in favor of a 14 percent interest-rate cap on credit cards. George H. W. Bush had given a fundraising speech in New York where he talked about lowering credit-card rates, a bullet point that had been included at the last minute by his chief of staff but hadn’t been approved by his economic advisors. Support from a Republican president lent congressional Democrats the air cover to move a bill that received no more than...
...Obama needed to regain control quickly, and he started by jettisoning liberal positions he had been prepared to accept - and had even okayed - just weeks earlier. First to go was the release of the pictures of detainee abuse. Days later, Obama sided against Craig again, ending the suspension of Bush's extrajudicial military commissions. The following week, Obama pre-empted an ongoing debate among his national-security team and embraced one of the most controversial of Bush's positions: the holding of detainees without charges or trial, something he had promised during the campaign to reject...
...This strategy is a conscious rejection of the Bush Administration's approach, which was never big on deference. The challenge for the President is that with almost a year in office, he has little to show for his global charm campaign beyond a Nobel Prize, soaring international poll approval and the promise of many more diplomatic dialogues to come. As Obama's foreign policy ambitions move beyond the introductory phase, harder questions are coming to the fore: When does politeness lapse into passivity? When does seeking common ground erode the soil that anchors American priorities...