Word: governmentalize
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First President Obama proposed new taxes on big banks, blasting the "twisted logic" of Wall Street executives who keep awarding themselves giant bonuses while resisting government efforts to recoup the cost of their industry's bailouts. "Instead of sending a phalanx of lobbyists to fight this proposal or employing an...
Allergic to Populism Shortly after Obama unveiled a $117 billion plan to tax the riskier liabilities of larger financial firms, Geithner hosted a dinner for bankers. A few of them grumbled about Big Government, class warfare and the unfairness of scapegoating financial institutions that already repaid their bailout money while...
On policy, the President recommitted himself to health care reform, though he did not lay out a strategy for passage. He gave glancing mentions to both repealing the ban on gays in the military and confronting immigration reform but offered no clear hope for resolving those issues. He was fiercely...
You'll know when you've arrived by the number of American military aircraft lining the runway. Located 25 km north of the capital Bishkek, the U.S. air base at Manas - Kyrgyzstan's main airport - briefly hit international headlines after the Kyrgyz parliament, under pressure from Russia and China, voted...
"There is no democracy. This government is behaving like murderers." - Sarath Fonseka, Rajapaksa's challenger in the 2010 election, after the election results were announced. He immediately rejected the results, alleging vote rigging, and claimed his life was under threat from the government (TIME, Jan. 27, 2010)