Word: coale
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Dates: during 2000-2009
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Since October, the bearded man in a white robe has wandered around this depressed coal region in Pennsylvania, where people tell stories about him. Children seem to believe he can walk in a snowstorm without getting wet and that his robe never gets dirty. One man phoned a local newspaper to say the visitor had put his palms on the hood of the man's car and fixed a problem that would have been too expensive for him to repair. The bearded man smiles at these stories and says he mostly tries to discourage them. Mostly. "There have been some...
...housed him for two months last fall: "He speaks to the deepest part of your soul." And Joseph sees possibilities in this land of shuttered mines. "There's a faith waiting to come out. It's like a beautiful heart is under there, but the coal dust has settled and needs to be brushed away...
DIED. CARL ALBERT, 91, Oklahoma Democrat and Speaker of the House of Representatives from 1971 to '77; in McAlester, Okla. A coal miner's son, he represented Oklahoma's Third District for 30 years until retiring in 1977 and twice stood a heartbeat away from the presidency. A pragmatist, he said, "I like to face issues in terms of conditions and not in terms of someone's inborn political philosophy...
CRASH COURSE? Have you been borrowing money to buy more stocks? So has everybody else, it seems. Margin debt has increased an alarming 62% over the past year. Is this the canary in the coal mine? Such thoughts are on the mind of Fed Chairman Alan Greenspan, who openly expressed worry about the increase--or at least said he was "thinking" about it, which is enough to worry the rest of us. The propensity for people to buy things that they don't have the money for is one reason the Fed is expected to raise interest rates this week...
Another Young Wild One with a chance of succeeding Schauble is Peter Muller, 44, a former judge from the Saarland, Germany's coal belt. Unlike Wulff, Muller has a successful track record against the Social Democrats, having led his party to victory in state elections last September. But Muller joined the chorus against Kohl relatively recently, raising credibility questions...