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...Highlight Reel:1.Manufacturing and Labor: When it comes to automotive parts and major equipment in New England, folks ain't interested. Companies there reported double-digit sales declines since last winter, with some firms describing the market as "the worst they can remember." Nearly half of the manufacturers surveyed said they expect their profits to decline through the end of 2009. "The outlook," the Book notes, "is pessimistic." One Boston respondent told Fed officials that the economy's "bearish mood" has even spread to the higher-education sector. Staffing centers are gloomy on the East Coast; says one contact,"Everybody...
...highlight the unpopularity of a potential rescue package, a dozen or so protesters in the back of the room interrupted the hearing an hour later: "The bailout is a sell out! The poor are suffering!" they chanted. A few yelled additional complaints: "The homeless! The homeless!" "Money off the poor people's backs!" "Put the money in the food banks where people need...
...Highlight Reel...
...Highlight Reel:1. On the new interrogation tactics he was trained to utilize: "The quickest way to get most (but not all) captives talking is to be nice to them. But what does it mean to be "nice" to a subject under interrogation? ... It means, ideally, getting to know the subject better than he knows himself and then manipulating him by role-playing, flattering, misleading, and nudging his or her perception of the truth slightly off center. The goal is to turn the subject around so that he begins to see strong logic and even wisdom in acting against...
...Highlight Reel:1. On his fondness for toxic substances: MacDonald was something of an alcoholic, though he might be loathe to use that particular term. His ability to consume beer in impossibly large quantities had been well established at Yale. ("MacDonald, perhaps you could trade this for a six-pack?" one of his instructors had quipped when handing him a diploma.) Recalling his college days, MacDonald writes, "I had fun. Loads of it. And not the kind of fun people look back on ten years later and regret. I didn't hurt anybody. I didn't steal anything. I didn...