Word: electicity
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...with an honorary degree at a special ceremony in December. Though the University normally dispenses honorariums during Commencement, it delayed Kennedy's award because his medical treatment prevented him from appearing at the spring ceremony. The December event drew national press and political luminaries—including Vice President-elect Joseph R. Biden, Jr. and Mass. Senator John F. Kerry—to campus to honor Kennedy for his lifetime commitment to public service. Kennedy's niece, Caroline, who has said she would like to join her uncle in the senate by taking Hillary Rodham Clinton's New York seat...
...Advisors is consistent with this orientation, as she is an expert on the Great Depression and may lend support to the unwarranted focus on the Depression. Indeed, Romer has supported the Fed's current monetary policy because she sees parallels with earlier financial panics. (See who's in President-elect Obama's White House...
...race, to an already florid scandal. He announced that he was appointing a successor, former Illinois Attorney General Roland Burris, to Barack Obama's vacated U.S. Senate seat - a move that will continue to roil the political waters in Illinois and ensure a continuing distraction for the President-elect. By naming Burris, the governor blatantly ignored warnings by Senate majority leader Harry Reid that any Blagojevich appointee would not be seated by the Senate. The governor also belied the assessment of his own defense attorney, who earlier said that Blagojevich would not be naming an Obama successor. At his press...
Fortunately, the signs are looking better as U.S. President-elect Barack Obama's Jan. 20 Inauguration nears. Obama, who has said he's willing to talk with Raúl Castro, is poised to end the Bush Administration's restrictions on Cuban-American travel and remittances to Cuba. That could (and should) be the first step toward dismantling the ill-conceived, 46-year-old embargo (which Obama surely knows is also the aim of many pro-business Republicans in Washington). Either way, such gestures make it harder for the Castros to rail against gringo imperialism. For his part...
President-elect Barack Obama has repeatedly said the Iraqi government must dip deeper into its own coffers to finance the country's reconstruction projects. To date, American taxpayers have shelled out some $50 billion, according to the most recent quarterly U.S. congressional report. The Iraqi government has matched that. Still, the reconstruction of Iraq is not simply a question of who foots the bill or which companies get the contracts. Iraq's rebuilding efforts are being hamstrung by sclerotic administrative procedures that are in desperate need of modernization, after decades of inefficient centralized control, corruption, cronyism, wars and sanctions...