Word: move
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...with recent sharp declines in the prices of oil and other commodities. Now policymakers are opening the money taps again. In September China's central bank lowered its key interest rate to 7.2%, the first cut since 2002. More central banks are expected to follow. "We're going to move from monetary tightening to monetary loosening in Asia," says Manu Bhaskaran, a Singapore-based economist with the Centennial Group. "Inflation is yesterday's story...
...long lines for gas and paying big prices to fill up, which could be "partially responsible for people's desire not to bail out Wall Street." An editorial in Tuesday's Marietta Daily Journal gave a thumbs-up to the thumbs-down on the bailout, calling it the "right move from a long-term perspective, but what it means for the shaky economy in the short term is anybody's guess...
...move angered the grass roots even more, and they handed Symington a humiliating defeat. Haney won again in 2008, and estimates that after this primary, his faction still has the power in the state GOP structure. "We have a right to speak up if we feel our leaders are abandoning principles; we have a right to say no to our leaders. He's telling us to shut up," says Haney...
...McCain's boldest move was selecting Palin, a governor with scant national experience. For a few weeks, the gambit seemed to pay off handsomely. White women voters overwhelmed campaign events and boosted the ticket's poll numbers. But doubts about Palin's qualifications and competence remained unanswered, and after a series of stumbling television interviews, voters - and even some conservatives - have begun to sour on her. "Everyone was high-fiving each other after they picked her because their goal was to steal Obama's momentum for a week," says a second GOP consultant, who also did not want...
...relinquished some gains he had made with independents and women voters. Like so many times before, McCain finds himself in a crisis situation, facing an uphill battle for the prize he has always sought. This is his political comfort zone. The betting money says he will make a bold move, and hope it doesn't backfire...