Word: hooverness
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Dates: during 2000-2009
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...Senator John McCain, who was put there, according to an official, to provide "instant credibility." But retired U.S. appellate court Judge Laurence Silberman, the panel co-chair, is a Nixon-era friend of Defense Secretary Donald Rumsfeld's and Vice President Dick Cheney's. Panel member Henry Rowen, a Hoover Institution scholar and former Rand Corp. president, worked under Cheney at the Pentagon during the first Gulf War. In September 1990, with Cheney's backing, Rowen cooked up Operation Scorpion, a secret plan to invade Iraq from the west, go all the way to Baghdad and topple Saddam. (The plan...
...presidency and 7.7% in year four vs. less than 6% in year one and year two. But within those averages lurk vast annual variations. Under F.D.R., year one produced a 66.7% gain. The market's lousiest annual return ever--a 52.7% loss--occurred in the third year of Herbert Hoover's Administration. So you can lose your shirt betting the cycle will repeat itself...
...show that he is both optimistic about the economy and empathetic to the plight of people who haven't felt the turnaround yet, there are some discomforting realities. Chief among them: Bush looks certain to go into the election with the distinction of being the first President since Herbert Hoover to see the total number of jobs shrink during his term in office...
Kerry may be the one using the Real Deal as his slogan, but there's a sense that he's protesting too much. Herbert Hoover once said of Franklin Roosevelt that "he was a chameleon on plaid," and there has been something of that quality throughout Kerry's campaign. He has written poetry and wind-surfed and ridden a Harley. He has played both hockey and his guitar. It was meant to make him seem more human, change the scale, since he looms over the field like a tall dark cloud. For months nothing seemed to work. He still came...
...were certain to discover places and things of immediate value to the new nation. Third, the Lewis and Clark venture cost next to nothing by today's standards. In 1989 NASA estimated that a people-to-Mars program would cost $400 billion, which inflates to $600 billion today. The Hoover Dam cost $700 million in today's money, meaning that sending people to Mars might cost as much as building about 800 new Hoover Dams. A Mars mission may be the single most expensive nonwartime undertaking in U.S. history...