Word: johnings
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...John Maynard Keynes famously warned that "the markets can remain irrational longer than you can remain solvent." Considering the recent volatility in stocks worldwide, irrationality appears to be the order of the day. Rarely have investors been so prone to bouts of panic selling, punctuated by spasms of equally frenzied buying. The Dow Jones Industrial Average index lost nearly a quarter of its value between Oct. 1 and Oct. 27, including an epic 700-point drop on Oct. 15. The carnage was followed on Oct. 28 by a 900-point rise, the second largest points gain on record...
...Obama Effect The media make much ado about the so-called Bradley effect [Nov. 3]. And it doesn't take a genius to see that John McCain and Sarah Palin have counted on this racial motivation to help them overcome the consequences of their poorly run campaign. But we must now factor in an even more potent quotient: the Obama effect - that quality whereby the more you get to know a politician, the more you like and trust him or her. This likability and perceived trustworthiness continue to grow over time. Across the board, Obama's ratings have steadily increased...
...have proven more effective. “Obama had an advantage in that he was able to use new technology in a creative way,” Hillygus said after her talk, which was part of the weekly Berkman Luncheon Series. Obama used his fundraising advantage over Republican candidate John McCain to buy advertisements in online video games, including the racing game “Burnout Paradise” and role-playing game Second Life. Republican presidential candidate John McCain also had an avatar on Second Life, but Obama supporters playing Second Life painted virtual graffiti and virtually double-parked...
...there are dissenters. A majority of Israelis would have felt more comfortable with a Republican President. Bush gave Israel generous military aid, supported the government during the controversial 2006 Lebanon war and didn't press too hard for the closure of illegal Jewish settlements inside the Palestinian territories. John McCain, a solid advocate of Israel and like many Israeli politicians an ex-soldier, appeared a better bet to security-minded Israelis than a black American with a Muslim middle name. "Obama's an enigma to us," said one Israeli official. "We're trying to figure out what his victory means...
...ironies of Fawkes' legacy is that he was a late addition to the infamous "Gunpowder Plot." Born a Protestant in 1570, Fawkes enlisted in the Spanish army in the Netherlands around 1593, shortly after converting to Catholicism. Co-conspirators Robert Catesby, Thomas Winter, Thomas Percy and John Wright enlisted Fawkes as a ringer, reasoning that his military skills - he had participated in the 1595 capture of Calais, France - and his anonymity as a foreign soldier made him an ideal candidate to help execute their plan...