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Ronald Reagan did. "I didn't know when it would come, but I have to tell you, I'm an eternal optimist," the former President said in an interview with ABC's Sam Donaldson that night. "I believed in all my heart it was in the future." Two years earlier, Reagan had addressed a crowd of some 20,000 near Berlin's Brandenburg Gate and challenged Soviet leader Mikhail Gorbachev to tear down the Wall. At the time, even his closest advisers dismissed the notion as far-fetched. "It's a great speech line," Reagan's National Security Adviser, Frank...
...constant. But when he examined data back to 1860, he found that finance's share of GDP varied widely. It ballooned in the late 19th century, shrank, ballooned again in the 1920s, shrank and stayed low for decades, then began to grow again in the 1970s, reaching unprecedented levels earlier this decade. The measure Philippon uses is the economic value added of the financial sector as a percentage of GDP, which was at about 4% in the 1960s and hit almost 8% in 2006. An easier-to-understand metric - financial-sector profits as a share of overall corporate profits - followed...
...Russian writer Maxim Gorky). He may not have known that gorky means bitter in Russian, but he was certainly acquainted with bitterness. He had arrived in New York City in 1920 as an 18-year-old refugee from the Turkish campaign of atrocities against Armenians. One year earlier, his mother had died of starvation in his arms. In adulthood, from 1926 to 1942, he obsessively reworked two haunting double portraits that showed them side by side - he the tentative 10-year-old; she an impassive totem, forever out of reach beneath waves of nostalgia...
...Emma R. Crossen, a third-year in the Master of Divinity program at the HDS, this speech was particularly relevant. Crossen, who had breakfast with McFague earlier that day, is the coordinator of an Eco-Div group...
...Iannuzzi fumbled a punt return, giving Columbia the ball on the Crimson 12. Sophomore Jerry Bell, who took over for rookie Sean Brackett midway through the game, completed a nine-yard pass to senior Austin Knowlin—who became the all-time Lions leader in career receiving yards earlier in the game—before junior tailback Zack Kourouma found the endzone on a pair of quick rushes...