Word: lefts
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...Christmas Day bombing attempt tells us that anybody, anywhere can wage war on the U.S., with or without promoting or invoking bin Laden's name. But with each failure of al-Qaeda's, and with the mess al-Qaeda has left in Afghanistan and Pakistan, it should be clearer to the world that it's time to get over bin Laden and start dealing with more serious problems...
...doesn't he do something about it? Why talk so much about the eventual need to undo his extraordinary money-easing interventions and not at all about additional interventions? The mostly left-leaning doves believe that Bernanke, as bold as he was during the crisis, is now being outrageously cautious. They want him to buy even more mortgages and pump even more liquidity into the economy. They would welcome a little inflation, which could make Americans feel a bit poorer but could also encourage lenders and investors to put more money to work rather than hoarding it. Some of them...
...Republicans who want to obstruct anything President Obama wants and Democrats who want to obstruct anything Wall Street wants. But while Bernanke performed brilliantly during the worst financial panic in 75 years, it's fair to ask why he isn't doing more now to fight unemployment (the left's chief complaint) or inflation (the right's chief complaint). (See pictures of Ben Bernanke...
...spent nearly six hours with Bernanke for TIME's Person of the Year story, and I asked versions of the "Now what?" question a dozen times. Bernanke always left wiggle room, but he made it clear that he basically intends to stay the course. After pouring unprecedented money into the financial system to try to revive the economy, he has no plans for additional monetary stimulus because he doubts it would create many jobs. He also made it clear that he's in no hurry to start pulling money out of the economy to try to fight inflation because...
...driver and I left the petroleum announcement and headed back toward the Hamra Hotel, we saw a dusty cloud rising deep in the neighborhood to our right. "Perhaps a mortar into the Green Zone," he suggested. We tried to find out but the phones were already jammed. We had almost arrived at the rear access road to the Hamra when the second bomb exploded, near the Babylon Hotel. We had driven by it just minutes before, and our car jumped. We sped closer to the rear checkpoint of the Hamra compound, where the security guards were already out in full...