Word: democratism
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...members of Congress who are overseeing the bailout funds question what spin doctors have to do with Liddy's stated mission. Representative Elijah E. Cummings, a Democrat on the House Oversight Committee that has investigated AIG, called the firm's p.r. payroll "a prime example of AIG misusing funds. Mr. Liddy should know, however, that all of the p.r. firms in the world will not distract us from getting to the bottom of what is really going on at AIG and how the company is spending taxpayer dollars...
...That's the whole culture of concealment that's helped some of our bigger financial enterprises get away with murder," Representative Peter Welch, a Vermont Democrat, told TIME. He said taxpayers are majority shareholders who are "entitled to know how company money is being spent" without the data's being "dressed up with the benefit of high-priced media folks." (Read "Five Lessons from the AIG Bonus Blowup...
...leader, the ANC is a role model and has influence beyond South Africa's borders. That's not always been a good thing. Mbeki, who succeeded Mandela as President in 1999, tried to forge a middle way between revolution and democracy by calling on the ANC to embrace a "democratic revolution" in government. The approach proved schizophrenic. Mbeki the democrat adopted liberal economics, oversaw impressive growth and won plaudits as a consensus-building peace negotiator across Africa. Mbeki the revolutionary saw his country's AIDS epidemic as a Western conspiracy, a stance which cut treatment and cost 330,000 South...
South Africa can take comfort from the knowledge that even its greatest leader had trouble making the transition from revolutionary to democrat. In office, Mandela expressed admiration for autocrats like Fidel Castro and Muammar Gaddafi, and in his farewell speech to the ANC party conference in 1997 claimed South Africa's violent crime was part of a "counter-revolution" engineered by pro-apartheid whites "to render the country ungovernable." But in retirement, Mandela rediscovered his inner democrat, speaking out against tyranny, wherever he found it - even in his own party. In March 2007, at the funeral of Adelaide Tambo, wife...
Mandela's successors would do well to remember that it was the democrat in him, not the revolutionary, which made him the greatest among them...