Word: hadn
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...Obama doesn't have to turn the economy around overnight. After all, Roosevelt hadn't ended the Depression by 1936. Obama just needs modest economic improvement by the time he starts running for re-election and an image as someone relentlessly focused on fixing America's economic woes. In allocating his time in his first months as President, he should remember what voters told exit pollsters they cared about most - 63% said the economy. (No other issue even exceeded...
...possible that the panic never would have happened if Paulson and Federal Reserve officials hadn't allowed Lehman to fail. Although, given how much criticism they got for their semi-bailout of Bear Stearns in March, it's easy enough to see where that decision came from. Less easy to understand is why Paulson initially stubbornly insisted that the bailout bill be structured as an asset-purchase plan - it's still called the Troubled Asset Relief Program, or TARP - rather than as a straightforward recapitalization of troubled banks. Treasury has since switched to the latter approach, so far putting...
...think that we were able to stand back from American culture, stand back from comic books, although we'd read them all our lives. I can't imagine that we could have done Watchmen if we hadn't had that detachment. You know? Love for the subject matter, love for the culture, but a detachment. And perhaps a slight British cynicism? Impressed, but not impressed...
...tactic had been becoming increasingly rare in today's nominally safer Iraq. But on Monday, multiple bombings just minutes apart tore up parts of Baghdad during the morning rush hour. While alarming because there hadn't been a major attack for a while, the bombs that exploded in the predominantly Shi'ite neighborhood of Kasra are unlikely to herald a return to the bad old days, according to security officials. Al-Qaeda and other extremist groups, they say, have been severely weakened and are merely shadows of their former selves, too hamstrung to conduct extended campaigns of terror. (See pictures...
...idea of China as the gravitational center of a globalized world is something most countries have gotten used to. But classical music hadn't seemed like it would be part of that mix, if only because Western opera and the Eastern world never made a natural fit. To outsiders, the traditional Peking opera seemed as much circus as song, with extraneous acrobatics and melodies that struck European ears as atonal and arhythmic. Western opera - with its volume and bombast - fell similarly flat in the East. But since Western ways were the planet's dominant ones, it was China that...