Word: checkbooks
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...Kennedy family saga is an epic tangle of true legends and legendary truths. The father, with his bottomless checkbook and flair for p.r., cast his clan in flawless Carrara marble, more beautiful than human flesh - but in the long run, less compelling. To his younger children - especially the youngest, Ted - fell the difficult job of reconnecting a family of statues, dead icons, to the living and the vital and the real. (See pictures of a Kennedy Family album...
...hard for many Americans to believe, but the United States' checkbook hasn't always been in the red. Aside from periods of war or economic turmoil, the federal budget was actually in surplus for most of the nation's first 200 years. The government incurred considerable debt during the Civil War and the Spanish-American War but paid it off by the early 1900s. Between 1901 and 1916, the budget was almost always balanced. But then came the Great Depression followed closely by World War II, which resulted in a long succession of deficits that caused the federal debt...
...name chains. For example, Duke Dougherty, a rookie haggler in Williston, N.C., asked for - and received - 10% off a $4,000 John Deere lawn mower at Lowe's, even though the sale offer had expired. Dougherty, who works in the aerospace industry, told the rep he had his checkbook ready but would walk away unless he got the deal. "Hell, $400 is $400," he says. "It was kind of a trip I pulled that...
...need to remake our energy economy and replace fossil fuels with renewables like wind and solar is often referred to as the new Apollo project, a challenge to our scientists - and to the federal checkbook - that will be even greater than the moon race. We're moving ahead on installing new clean energy - the U.S. was the fastest growing wind-power market in the world in 2008 - and Congress, with the support of President Barack Obama, is on the road to establishing caps on carbon dioxide...
...Image Makeover I applaud Peter Beinart's suggestion to inject some economic realism into our foreign policy [Feb. 2]. An America that demonstrates an understanding of its limitations and a fiscal pragmatism in its foreign policy will command far greater respect abroad than one that takes the dogmatic, open-checkbook approach of the Bush Administration. But why stop with Iraq and Afghanistan? Obama should look at the rationale for maintaining forces in Germany, Japan and South Korea - even there our presence is not appreciated. Our days as the world's policeman are over, and that's a good thing...