Word: mattering
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There was always a sweet bit of fiction in the notion that Ford (F) was so much better financially than GM (GM) or Chrysler that it could weather the global economic downturn no matter how brutal it turned. All of that magical thinking came to an end as the No.2 American car company said it would have to "restructure" its balance sheet, which has always been short-hand for finding a way to remain in business...
...Such students do not want to work in a field where in-house opportunities for career advancement are so uncertain. No matter how passionately we feel about public service, dismal-looking advancement opportunities packaged with lower salaries and a lack of immediate prestige make this field a difficult choice. No number of info sessions by OCS or heartfelt appeals from the commencement dais will change this...
...systematically script telephone conversations among themselves in order to mislead the Americans, Iranians and Turks, who the Kurds know are listening to their phone calls. Since transcripts of these calls carry the weight of scripture in Washington, we risk being led into another intelligence failure in Iraq. For that matter, how do we know that al-Qaeda in Pakistan's tribal areas is not transmitting spoofed messages as disinformation, causing our Predators to strike innocent targets with the purpose of turning the locals against us? (See pictures of the battle against the Taliban...
...Which is not to say that appearances don't matter at all. Geithner was chosen as Treasury Secretary over the rough-edged but more experienced former Treasury chief Larry Summers in part because Geithner was considered a smoother salesman. And Geithner will always be saddled with the hard-to-explain $34,000 tax shortfall that almost cost him the nomination. For now, though, Democrats are defending the Treasury Secretary against the bad reviews. "Every Administration official responding to this economic crisis, especially Treasury Secretary Geithner given his role, is working under the equivalent of an electron microscope that dramatically magnifies...
...detailed bank-bailout plans in the next few weeks, Geithner will have another chance to salvage his reputation as a salesman. But the truth is, if the plans fail on their own, it won't be Geithner's tone of voice or his demeanor that brought him down, no matter what the Washington crowd...