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...soldiers who had arrived a month earlier to establish a combat-operations post in the Tangi Valley, not far from Kabul. An incongruous strip of greenery between two bone-dry mountain ranges, the valley has become a flash point for the Afghan insurgency. By the time Ferguson got there, 26 men of Apache company had been wounded in the seven weeks since their arrival, and one had been killed in action--all from improvised explosive devices (IEDs), the deadly little bombs that lurk anywhere...
...fight against poverty and the fact that we got heads of state to agree to development goals. For the first time, we came up with a common agenda for development...
...Fannie Mae, Freddie Mac and Ginnie Mae. That keeps the interest rates on those GSE-backed mortgages substantially lower than on mortgages that can be sold only on private markets, because taxpayers are on the hook for defaults on the former. That risk, long hypothetical, became reality as we got stuck with a $291 billion rescue bill for Fannie and Freddie in the fiscal year that ended in September. Meanwhile, the Federal Reserve is doing its part to artificially lower interest rates by buying $1.25 trillion of Fannie, Freddie and Ginnie mortgage securities this year and next. (See 25 people...
...enjoyed his rise and wanted others to as well. Once, when I got a tough book review, he didn't call to commiserate; instead he joyfully barked, "Welcome to the NFL!" At the time, it was not a cliché. He probably made it a cliché. He probably coined it. But it was in his Pulitzer Prize--winning newspaper column that Safire became Safire. There he mastered and honed a natural pugnacity--a desire to "mix it up," as he put it. You really cared what he thought and weren't sure what he'd think because he could surprise...
...weeks after announcing his candidacy for President. He was speaking in Selma, Ala., surrounded by civil rights pioneers. Obama cast his run for the White House as a fulfillment of the Moses tradition of leading people out of bondage into freedom. "I thank the Moses generation, but we've got to remember that Joshua still had a job to do. As great as Moses was ... he didn't cross over the river to see the promised land...