Word: em
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Dates: during 1990-1999
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...EM: Physical presence--yes, exactly. There is a very important phenomenon called the Physicality of Power...The physical--the body--should not be underestimated...when you're trying to explain the mesmerism of something that's past. And it's not necessarily a question of physical beauty either, although Reagan certainly was beautiful...
...EM: Thought that he was gorgeous? He was. Theodore Roosevelt, on the other hand, was not gorgeous, he was very ugly. But somehow his physical apparatus was overwhelmingly tactile. When Theodore Roosevelt walked into a room and when Reagan walked into a room, you could see people luxuriating in their physical aura. A lot of Hitler's power had to do with his strange beak, the fat curved back, awkward gestures and that hyptonisingly strange face. Never underestimate the power of the body in politics...
...EM: Well, he's got a big body, but to me he's dull. He's got a dull body, a dull face. But bigness certainly helps--short guys have a very hard time--as we know with Michael Dukakis and Jimmy Carter...
...EM: My relations with him were always the same as anybody, anybody who came into his orbit. Reagan had no interest in individual human character. Therefore it was all one, whether the Biographer walked into the oval office, or a Labor Union leader, or the President of Bangladesh. So I never got past that genial...
After months of fussing and fretting that the Fed would raise interest rates, the markets finally let their guard down ? and got a nasty shock. No, Alan Greenspan didn?t hike 'em a third straight time. But he let everybody know he?s watching, moving the Fed?s bias toward tightening and sending a recently resurgent Dow into an instant 100-point mini-tailspin (thus smothering an earlier rally and ending the day even). "It?s a clear signal that the bank is concerned that the economy isn?t slowing down fast enough," says TIME senior economics correspondent Bernard Baumohl...