Word: nationalism
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...November, and has since begun a policy of phased devaluation. That's calling up bad memories of the ruble's collapse in 1998, and prompting nervous talk around kitchen tables about what to do this time around. On Dec. 4, Putin fielded vetted questions from around the nation on a televised call-in show. One of the most poignant was a text message from an unnamed viewer: "What will happen to the ruble, and what is the best currency to keep deposited in the bank?" Putin's hopeful reply: "There will be no sharp fluctuations in the ruble's exchange...
...paying their debts - including Oleg Deripaska, a metals tycoon who until recently was Russia's richest man. It is also playing an increasingly intrusive role in the private sector. At a meeting in Moscow on Nov. 25, for example, Igor Shuvalov, Putin's First Deputy Prime Minister, told the nation's major retailers that the Kremlin would ensure they gained access to credit on condition that they demonstrated "social responsibility" by not raising prices...
...less attention to her positions on issues or policy proposals than they would her legendary lineage. At heart, the American political process is about opening positions of leadership to all, not to a select few lucky enough to have been born into a particular (aristocratic) family. As a nation, we rely on underdogs to revitalize the status quo, and we thrive on dynamism and perpetual regeneration. Ironically, that was a large part of the appeal of John F. Kennedy ’40 in 1960. But another Senator Kennedy—especially a temporarily unelected one—would only...
...lack of reason. Does that sound angry? Terry Eagleton, an English philosopher, declared that Amis’s writings read like those of a “BNP thug”—or, to put it in American, a Neo-Nazi skinhead. “The Obama Nation: Leftist Politics And The Cult of Personality” by Jerome Corsi: It’s no exaggeration to call this extra-long political pamphlet a labor of pure hate. It was born out of one purpose: to sink the ship of Obama like Corsi did to that of John...
...most ambitious reform efforts is Michelle Rhee’s revamping of the Washington, D.C., public-school system, widely regarded as one of the worst in the nation. The Economist reports that if the district were a state, its test scores would be the lowest in the country. Rhee has taken aggressive steps to change this. Her proposal would increase baseline teacher salaries from around $40,000 to $78,000 a year, and high-performing teachers who were willing to forgo tenure would receive a salary of up to $130,000. A combination of improved efficiency and private donors would...