Word: chairman
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Before Ben Bernanke was chairman of the U.S. Federal Reserve, he was an ivory-tower economist who trained at Harvard and MIT, taught at Stanford and Princeton and may have learned more about the Great Depression than anyone else on the planet. One thing he knew was that he never wanted to see another...
...Washington's least accountable institutions. Why should the markets decide who oversees them? Haven't the markets decided enough? Bernanke may be the ideal benevolent financial despot - a nebbishy superscholar with minimal connections to Wall Street and no previous hunger for power - but the next Fed chairman may be less ideal. And Obama has proposed to give even more regulatory power to the Fed, even though it has shown little interest in the past in curbing the excesses of the markets. At the same time, any politician who meddles with the Fed gets pilloried for threatening its hallowed independence...
...Bush Administration, I was struck by the fervor for military action from an inner circle who had largely not served in the U.S. armed forces. The odd man out during the drumbeat for war was Colin Powell, whose long military career included serving in Vietnam and as Chairman of the Joint Chiefs of Staff. His voice of caution against entanglement in Iraq resulted in his getting pushed out by the "believers." It's too bad they didn't listen to the one man who knew what he was talking about. Lieut. Commander Eric L. Jewett, U.S. NAVY (RET.), LOS GATOS...
...Bush Administration, I was struck by the fervor for military action from an inner circle who had largely not served in the U.S. armed forces. The odd man out during the drumbeat for war was Colin Powell, whose long military career included serving in Vietnam and as Chairman of the Joint Chiefs of Staff. His voice of caution against entanglement in Iraq resulted in his getting pushed out by the "believers." It's too bad they didn't listen to the one man who knew what he was talking about. Lieut. Commander Eric L. Jewett, U.S. Navy (ret.) Los Gatos...
...training programs for local officials. Last year, it supported the decision to allow some of the orphans from the Mai Hoa AIDS Center to attend the school's weekly flag ceremony and occasionally sit at the end of the table in some classes, says Le Truong Giang, deputy chairman of the Ho Chi Minh City Provincial AIDS Committee. Giang concedes that after last week's unfortunate episode, those efforts were clearly not enough...