Word: localizes
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...unimaginable, thanks in large measure to the psychological reassurance provided by a landmark New Deal innovation, the Federal Deposit Insurance Corporation (FDIC), whose authority to guarantee bank deposits has recently been expanded. And today's federal outlays make up nearly 20% of GDP, with state- and local-government spending adding another 10%--weighty ballast in the face of economic bad weather...
...first 30 minutes of last night's final debate, a sharper, more spirited John McCain took on Barack Obama. He had a clear message of low taxes and smaller government. He targeted an equally clear-cut audience: Joe the Plumber. (A real guy, who must be dodging every local news crew within 100 miles today.) McCain - henpecked by an incumbent he never liked, a dire economy he can't control and a newcomer with less baggage than the Tooth Fairy - suddenly seemed free from worry. He remembered his years as a leading man in those dramatic episodes of yesteryear - campaign...
...recent months, Chicago has bathed in pride as the place Barack Obama calls home, in spite of the attendant scrutiny on people like the Rev. Jeremiah Wright Jr. and Tony Rezko. But it is now particularly defensive, if not irate, about the latest local figure to haunt Obama's presidential candidacy: Bill Ayers...
Ayers' Illinois roots run deep. His father was a top executive at Commonwealth Edison, a local utility company. The young Ayers, inspired by the 1960s civil rights movement, later emerged as a leader of the Weather Underground, a group that bombed the U.S. Capitol and the Pentagon. He and other members of the group soon fled into seclusion, taking on assumed names. He and his wife, fellow radical Bernardine Dohrn, turned themselves in after charges were dropped because of tainted evidence. (Ayers' famous quote afterward: "Guilty as hell, and free as a bird. It's a great country...
...Sandinista inquisition is escalating from threats to actions. Last Friday, state prosecutors and police raided the central office of the Autonomous Women's Movement (MAM) and another local NGO that has helped finance the feminist movement and removed all the files, computers and bookkeeping from their offices, in what Public Prosecutor Armando Juarez called a raid to "find evidence" to mount a case against them. The local opposition press denounced the raid as a "Gestapo" tactic, and women's rights activists from across Latin America released a joint statement from Guatemala denouncing the Ortega government's "institutionalized misogynism" and "campaign...