Word: congresses
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Bernanke's comments to Congress were not particularly useful because they did not increase the country's understanding of America's economic problems. The recovery is about to begin. It will be slow. Unemployment will stay high for a long time. It is still a risky period. One or two missteps and the ground the economy could gain would then be lost...
...Bernanke's comments about the recession and his reasons for believing that the economy has hit bottom could have been a mimeograph of a dozen other speeches made by Fed chairmen testifying before Congress in times of crisis over the last forty years. Arthur Burns probably made the same speech in 1973 and put it in an envelope for Paul Volker...
...gone in the first few months of the Obama Administration. At the new President's urging and by his example, the entire Federal Government has bounded into the world of social-networking. Twenty-five agencies now have YouTube channels. The Library of Congress has begun posting thousands of free historical photos on Flickr. In the past week alone, about 30 agencies, including the White House, have joined Facebook...
...Congress is weighing several bills to increase aid to the Pakistani government and step up assistance to the Pakistani military in the fight against the Taliban and al-Qaeda. But many on the Hill worry that the money will be misspent and want to attach strict conditions and benchmarks to the aid, some of which any Pakistani government might find difficult to meet...
...areas ranging from agriculture and trade to border policing and counterterrorism. But both men remain locked in complex political dynamics at home that militate against doing exactly what Washington asks of them. Which is why, in the weeks ahead, Administration officials may have to spend as much time cajoling Congress as they spend persuading the Pakistanis to do more...