Word: initialers
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Congress's initial rejection of the Bush Administration's $700 billion bailout plan calls to mind an unhappy precedent. Back in 1930, the Senate passed the Smoot-Hawley Tariff Act, which raised duties on some 20,000 imported goods. Historians define this as one of the critical steps that led...
But in mid-September, the plan was disrupted by real-world events. The financial crisis now knocking over banks and rocking the world economy forced McCain to shift gears. His big gambit - suspend the campaign and return to Washington - was undercut from two sides. First, upon arriving he found he...
Timing made a difference between market reactions in Asia and Europe on Tuesday. While the Nikkei and Hang Seng rallied to limit losses to 4.1% and .8% respectively by the closing bell, they combined with an early 3.5% drop on Mumbai's Sensex and declines in Australia, South Korea, Singapore...
“The beauty of this is that if you want to use the cells therapeutically—if you want to put them in somebody—it basically gets rid of the dangerous transcription factors that were used in the initial integration,” said Gordon...
But the candidate with the most riding on Monday's vote is McCain, who backed the concerns of conservatives in the House over the initial agreement. "John McCain stood up for House Republicans," said Representative Spencer Bachus, an Alabama Republican who was involved in early negotiations. "He stood up to...