Word: eras
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...wrong with the legislative process in latter-day America. There is a simple solution to this problem: a carbon tax to discourage people from using fossil fuels. That tax could be immediately refunded in the form of lower payroll taxes. But the House Democrats, still playing by Reagan-era ground rules, were too frightened to go there: they proposed instead a weak, inelegant cap-and-trade system of the sort that has provided precious little carbon reduction in Europe. It is Potemkin legislation, designed to give only the appearance of dealing with a problem...
...fact that he held onto it for so long - a stretch during which he weathered technological upheaval, receding ratings and splintering musical tastes. Kasem has always transcended industry trends: he created American Top 40 in 1970 when the genre was said to be dying, and embraced corniness as Vietnam-era cynicism peaked. Through 2,000 cartoon episodes, 10,000 commercials and nearly four decades of radio hits, he has maintained his signature earnest style. "I'm Casey Kasem," he crooned July 4. "Now, one more time, the words I've ended my show with since 1970: Keep your feet...
...antidiscretion case has been made for years with regard to Federal Reserve monetary policy. Becker's Chicago teacher Milton Friedman thought that instead of tweaking interest rates, the Fed should just automatically increase the money supply 3% to 4% a year. Measuring the money supply in an era of financial innovation has turned out to be awfully hard, so in recent years believers in an automated Fed have turned to an equation concocted by Stanford economist John Taylor that takes in inflation, current economic growth and long-term-trend growth and churns out a suggested Fed interest-rate target. Taylor...
...Washington Nationals were counting on a match made in heaven when they picked Stephen Strasburg first overall in this year’s Major League Baseball amateur draft. On the surface, it was a no-brainer. Strasburg, who went 13-1 with a 1.32 ERA in his final season with San Diego State, was unanimously agreed to be the best player available; some experts even called the 20-year-old starter “the best pitching prospect ever.” By draft day, it was unthinkable that the first-picking Nats would choose anyone else...
...requests to meet imprisoned Nobel Peace Prize winner Aung San Suu Kyi were rejected. His pleas for the government to release its 2,000-plus political prisoners were ignored. "I believe the government of Myanmar failed to take a unique opportunity to show its commitment to a new era of openness," Ban told reporters at Bangkok's international airport Saturday night...