Word: fiascos
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...companies cannot. Saddled with a deficit of $5.4 billion and counting, the Pension Benefit Guaranty Corp. (PBGC) might need a government bailout--a predicament that Treasury Secretary John Snow told the Wall Street Journal was "a brewing problem somewhat analogous to the savings-and-loan situation," the U.S. financial fiasco of the late 1980s...
...root cause of the Blair fiasco has not been addressed by the New York Times. First, the paper carried affirmative action to grotesque extremes, giving Blair breaks no young white reporter would have got. Then when Blair made mistakes that would not have been tolerated in a white reporter, the paper's editors didn't call Blair on them but instead rewarded him. When he hanged himself with the rope the Times so liberally provided, they fired him. Thus they ensured that he wouldn't learn from his initial mistakes by requiring that he face the just consequences, and then...
...deputy to Karl Rove--and wondered how he felt about the disgraceful wasteland that Bush's social policy has become. (Sadly, Pete didn't answer my call.) The tax cut, for example, is actually a double hit on poor children. In addition to the child tax credit fiasco, there is a potentially devastating impact on tax-free municipal bonds, which are used to finance major construction projects. Cities will have to offer higher interest rates to compete with private bonds now that all dividends are taxed at only 15%. That will be expensive, and it will certainly drain money from...
...book, she revisits the scene of her humiliation - reluctantly, no doubt, but with a purpose. She knew she'd have to show a little ankle to justify such a huge advance. She also knew the book would allow her to set in stone (or print) the parts of the fiasco that had proved so useful. Indeed, Hillary plays the victim card to perfection, shrouding her lawyer-like efforts to set the record straight. If Hillary had initially been an involuntary victim, she now reprises the role voluntarily. It worked once; it is working again...
Both the CASAH report and the repeal of the corroboration rule should be approved, but in order for these measures to be implemented effectively, the Faculty cannot afford to rubber-stamp these measures without critical debate. The lessons of last year’s fiasco cannot be forgotten...