Word: clear
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...Saving the banking system was not Lewis's job. Bernanke and Paulson had no right to ask him to abandon what were his very clear duties and press him into service doing something contrary to the obligations of his office. Since there will never be answers to what would have happened if B of A had abandoned Merrill it is useless to speculate about whether Paulson and Bernanke did the right thing. What happened when Lewis was asked to take a role which was not reasonably his is that the ethical obligation of refraining from force to pervert another person...
...slightly longer speech than I usually give," he told his audience at Georgetown University on April 14. "This is going to be prose and not poetry." What followed, as promised, was not poetry. Barack Obama doesn't do much poetry anymore. But in prose that was spare and clear and compelling, the President proceeded to describe how his Administration had responded to the financial crisis, the overriding challenge of his first 100 days in office. He had covered this ground before, nearly as well, in his budget message to Congress. But now Obama went further, using a parable from...
...elected in 1964." Indeed, Johnson's legislative haul dwarfs anything before or since; he quickly got Congress on track to pass landmark civil rights bills and create Medicare, among other things. "And you have to say that Reagan had a significant 100 days," Goodwin adds, "because he represented a clear break from the policies of the past, even if his signature legislation - the tax cuts - didn't pass until after the 100 days were over. But I don't think we've ever seen anything like Obama since Roosevelt." (See Mark Halperin's report card for the Obama Administration...
...want to make it clear that everything you've heard and read is true, and I am deeply sorry about that." - admitting he had an affair with his former secretary who was also his campaign manager's wife, New York Times...
...with security and stability increasingly in doubt, it's becoming clear that more urgent action is needed beyond financial donations aimed at institution-building. Neither Zardari nor opposition leaders have been able to come up with answers to the insurgency. Columnist Kamila Hyat, writing in The News, called for an overhaul of current strategies, including reaching out to Pakistan's old foe, India. If Pakistan doesn't have to worry about protecting its eastern flank, she argued, it can concentrate on solving its internal problems. "The only option for Pakistan is to break free of the militant grip, focus...