Word: historicization
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As a result, hardly anyone is expecting a big snapback in the first quarter of next year. Then again, nobody really knows what to expect. There's far less consensus among economists about the first quarter than about the one we're in now. Some (Merrill Lynch's David Rosenberg...
As I read Gibbs' wonderful prose on this historic election, I felt the same surge of emotion, now bittersweet, that I experienced at age 10 on hearing Martin Luther King's thrilling "I Have a Dream" speech or Robert F. Kennedy's powerful utopian oratory. It dawned on me that...
Two weeks on from an historic American presidential election, the global sense of euphoria that an Obama Administration offers the change we need (to steal a slogan) remains undimmed. At the G-20 summit in Washington, heads of governments scrambled over each other to talk to Obama's two emissaries...
The first two are good reasons for Congress to take the carmakers' pleas seriously--a shutdown of GM is not what anybody wants now. The third argument is more problematic. Yes, GM and the other automakers have cut costs sharply, especially since 2005, and the United Auto Workers union has...
A historic summit of Tibetan exiles in the north Indian hill-station town of Dharamsala ended its third full day on a note of optimism that their experiment in democracy might actually succeed.