Word: holee
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...only festivities of the evening, they are the only ones that the Obamas and Bidens are guaranteed to attend. Bars: Old Ebbitt Bar and Grill, the oldest saloon in Washington, is close to the White House and across the street from the site of Rhodes Tavern, the watering hole where British generals toasted one another as Washington burned in 1812. During the inauguration, however, Washington nightlife will be alive and well: bars will be open all night and serving alcohol until 4 a.m. Museums: In celebration of the election the Smithsonian museums will be featuring presidentially-themed exhibitions, including...
...infrastructure equivalent of buried banknotes, not when the deficit is a record $1.2 trillion and the debt a staggering $10.6 trillion. A depression would make both problems worse - tax revenues plunge when incomes plunge - but every public dollar we spend on depression avoidance also plunges us deeper into our hole. It's a bit galling to hear Republican leaders warn that Obama wants to spend money borrowed from our children when their own appetite for pork and tax breaks helped double the debt during the Bush years, but their hypocrisy does not make them wrong. If we're going...
Every year at the end of August, the high priests of the U.S. financial system - the board of governors and staff of the Federal Reserve - gather at a remote resort high in the mountains near Jackson Hole, Wyo., and there, amid the Tetons, listen to lectures by invited economists on a variety of topics, hoping the fresh air and proximity to genuine cowboy bars might lead to clear thinking and sound economic policy...
...credit markets - an unexpectedly massive intervention. It was as if the global financial system had had an angina attack, a brief, unexpectedly painful episode that signaled what a few senior Fed officials were beginning to fear: a full-blown economic heart attack might well be coming. During the Jackson Hole meetings, Geithner pressed the view that Fed policy was behind the curve; the problem in the credit markets was big and likely to get worse, and the Fed needed to get out in front of it, to err on the side of being aggressive. (See who's who in Barack...
...only thing that is certain is that every symbol of Hamas' rule in Gaza, every government building, police station and office block, has been replaced by a very large hole. It will take years for Hamas to rebuild Gaza's infrastructure and to offer basic services to the war-dazed 1.5 million Palestinians inside the sealed-off territory...