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...Even if U.S. Navy warships quickly stepped in to keep the waterway open, traders and tanker captains would be spooked, and the cost of transporting oil would rise sharply. "It is a scenario anyone who looks at security of supplies considers," says David Fyfe, head of the oil-markets division at the International Energy Agency in Paris, which represents oil-consuming industrialized countries. "It would affect up to 12 million bbl. of oil a day." (See highlights from a debate between Joe Biden and Sarah Palin...
...sicker." Since hospitals were paid a certain amount of money for each patient no matter how long they stayed, many patients were discharged sooner than was prudent, which transferred the burden of care onto nursing homes and created a "mini-industry of readmissions," according to Gail Wilensky, a former head of Medicare. "Redesigning the reimbursement system is not for the faint of heart," says Wilensky. "This is in large part about changing the way doctors behave...
...beginning of his professional career, he made a name for himself as the wunderkind who reformed the ailing Ford Motor Co. At the end, he tried to rehabilitate his reputation, as a do-gooder striving to save the globe's poorer nations as head of the World Bank. But Robert McNamara, who died early Monday morning in his sleep at home at the age of 93 (his wife Diana told the Associated Press he had been in failing health for some time), will always be best known for his role as the architect of Washington's failed Vietnam policy...
...that drove its war policy, such as whether the fall of Vietnam would lead to a communist Southeast Asia and if such an occurrence would really have posed a grave threat to the West. "It seems beyond understanding, incredible, that we did not force ourselves to confront such issues head-on," he wrote. He said he wanted to help prevent the country from making similar mistakes in the future and that he fretted that just as Washington misperceived Vietnam a generation ago, it remained in danger of making a similar mistake. "We ought to learn the history of the Muslim...
...give up his party role despite what many saw as a conflict of interest. Palin accused Ruedrich of engaging in politics on government time, and he was ultimately fined $11,000 - the largest ethics fine in Alaska's history. He resigned his AOGCC post (he remains to this day head of the Alaska GOP). Palin was perceived as a whistle-blower, willing to call out her own party. Less than two years later, Palin won Murkowski's job. "She was going to stand up to the corrupt administration, she was going to expose wrongdoing, she was going to slay...