Word: insistency
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...lesson Summers draws from this is that Washington must "insist that reforms be put in place so that the mistakes of the past are not repeated." That makes more sense than singling out Goldman and JPMorgan for being too good at what they do. The question, though, is whether such reforms can actually be enacted. In the past, Goldman and JPMorgan - and the rest of the financial industry - put their highly talented employees to work dismantling any regulation that might get in the way of higher profits. If they try that again, maybe "swine" and "vampire squid" will prove...
...secure his legacy by other means, Cheney is settling in for a long siege in Washington, where he will soon be installed in a conservative think tank and where, Republicans say, he will pull levers on Capitol Hill to make his voice heard. Above all, Cheney will continue to insist that the Commander in Chief and his lieutenants had almost limitless power in the war on terrorism and deserved a measure of immunity for taking part in that fight. That's a conviction Cheney made clear to all those involved in the Libby affair - including, in his final hours...
...Daniels. Entitled 10 Conditions of Love, the movie is showing at the Melbourne International Film Festival (MIFF), which begins July 24. Festival Director Richard Moore said that he refused demands by the Chinese Embassy to drop the film, and hung up on an official who called last week to insist he justify its inclusion. "MIFF stands firm by its decision to include the documentary in the program," Moore said in a written statement. (Read "Why the Uighurs Feel Left Out of China's Boom...
...What sacrifices will Americans have to make under his proposals? Why hasn't the White House been more transparent about the policymaking process, as then candidate Obama promised? Would he insist that members of Congress face the same limits on choice and access to care as the people getting their insurance from the new public health-care plan he advocates? Those were among the excellent questions hurled at the President, and he countered only with partial responses and vague rhetoric...
...because Hamas has little incentive to make the concessions that Fatah is demanding. Hamas believes it has the momentum at home and abroad. Just last week, it was revealed that Thomas Pickering, former U.S. ambassador to the U.N., had met with Hamas leaders, though the Obama Administration continues to insist that it will not engage with Hamas until the organization renounces violence, recognizes Israel and abides by past agreements. (While Hamas has signaled a willingness to talk to the U.S. about finding a formula to coexist with Israel, it refuses to embrace terms that it deems a symbolic surrender...