Word: messed
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Reaping What We Sow Re "Life Without Credit" [Nov. 3], Bill Powell is spot on in identifying what this financial mess is all about: too much debt. But it is distressing that the only proposed solutions involve rewarding more debt. Let's, at least for the short term, raise taxes on well-off corporations and wealthy individuals, stop senseless wars financed by debt and eliminate the income-tax deductions for home-mortgage interest. Plus, don't artificially lower interest rates - this punishes those who saved sensibly. And we must all prioritize our spending wisely. I'd rather have fewer mortgage...
...waffled and he has backtracked. His decisions and his motives have been harshly questioned on Capitol Hill and by the press. And he's just tired. He gave off the vibe today that he might just be counting the days until he gets to hand off the whole mess to Larry Summers, Tim Geithner or whoever President-elect Barack Obama chooses to succeed him. (Read more about TARP...
...smart President for the tough years ahead. But voters in many Western democracies, Ireland included, have a tendency to shy away from politicians who are far more intelligent than themselves. Adlai Stevenson was one of the best examples of this. As for any politician completely understanding the global financial mess, well, sadly Einstein is not on any ballot. Robert Liffey, DUBLIN...
...somewhat haphazardly, under pressure from demanding tasks - such as rescuing the country from utter economic failure. Roosevelt's planning-on-the fly led to the creation of ad hoc "agencies outside the departmental framework" as former Presidential adviser Stephen Hess wrote in his book Organizing the Presidency, - a bureaucratic mess that may have been avoided had Roosevelt's transition process been better planned...
...Gary, Ind., polling station to cast his vote. But he was turned away. The reason: his name appeared on a list of people who had already cast absentee votes. Johnson left the station dismayed. He spent the next five hours driving across Lake County, Ind., sorting out the mess with election authorities in Crown Point, the county's seat, before eventually returning to the Gary polling station. He says the polling station's managers applauded when they saw him. "They didn't think I was coming back," the hotel dishwasher said late Tuesday. "But this election was just too important...