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There was a similar unveiling in 1992. Like Obama, Bill Clinton campaigned for the White House on a platform of middle-class tax cuts and a free-market-friendly approach to public policy. The government doesn't "spend" tax money in the New Democrats' lexicon. It "invests" in the future. And like Obama, Clinton saw another version of himself painted by the opposition: a pot-smoking, war-protesting, bureaucrat-loving, income-redistributing radical...
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...carefully and large, institutional banks that have gambled and lost is playing out across the American economy. So far, Bair has worried about Main Street while working overtime to limit the damage on Wall Street. In the past month, she's overseen the "resolution" (meaning, in a banker's lexicon, the "failure and sale") of the country's sixth largest bank, Washington Mutual, and helped negotiate the forced sale of superregional Wachovia bank to Citi (only to see the deal, in an embarrassing turn, break down when Wells Fargo snatched up Wachovia instead). She got Congress to boost the ceiling...
...founders of the Massachusetts Bay Colony. Among the vaunted cast of America’s founding patriarchs (and matriarchs), the icons of John Winthrop, Roger Williams, John Endicott, and Anne Hutchinson are increasingly obscure—and Vowell knows it. But their virtual anonymity in the American cultural lexicon leaves them as blank slates for Vowell to fill in with tireless research and her own humanizing perspective.Fans of “This American Life” will know that, like most contributors, Vowell has an innate ability to forge strong connections between research and personal experience...