Word: grahamism
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...spring of 1950, Henry Luce's friend Bernard Baruch was staying at his vacation home at Hobcaw Barony, S.C., and following the revival meetings in nearby Columbia of a young and lanky preacher named Billy Graham. "There's a young fellow down here that's not only preaching some good religion," Baruch wrote Luce, "but he's giving some good common sense." Luce, TIME's co-founder, decided to go see for himself...
...they were preparing an excerpt from their book, editors Nancy Gibbs and Michael Duffy asked Billy Graham to reflect on what he has learned and what has changed since the death of his wife Ruth on June...
...Treasury to do something about it is making its way through the Senate. Several different currency bills have been introduced in the House. The legislation for the most part is much less harsh than that proposed two years ago by Senators Chuck Schumer of New York and Lindsey Graham of South Carolina, which would have imposed a 27.5% tariff if China failed to revalue. But it is also much more likely to pass...
...when I accosted Schumer outside a Senate committee room after a 20-to-1 vote for the currency bill, he argued that politicizing the issue was the only way to bring change. "I believe the reason the yuan has appreciated 8% is only because of the efforts of Senator Graham and myself," he said. "I don't believe the Chinese move out of a sense of comity and magnanimity." He's right that Paulson's attempts at gentle persuasion, including a late-July trip to Beijing, have delivered few results. But it's possible that the Chinese will stop moving...
...same show Senator Jim Webb, a Virginia Democrat, shot back at Graham, citing Congress's move during the Korean War to stop President Harry Truman from deploying forces that had been trained less than 120 days. Levin cites a different historical precedent: how growing Republican opposition to the Vietnam, not any Congressional action, is what ultimately turned President Richard Nixon. "I believe this has to happen now as more and more Republicans actually believe we have to change course and will walk into the [Oval Office] and say we no longer support your policies," Levin said...