Word: nationalization
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...pictures of Barack Obama's nation of hope...
...President: Right, it's expensive. Mrs. Obama: I mean, would this administration love to see those numbers increase? I'd probably say yes. But there's costs. And that gets back to responsibility - how much are we willing to spend as a nation to ensure that every single young person has an opportunity to do service in exchange for government-supported education is a wonderful idea. But you'd probably get some pushback on how much should be spent on it and what are the priorities and do we do it at this time. There may be a time...
...This is a new idea in a nation where our most iconic economist, Milton Friedman, wrote in 1970 that a corporation's only moral responsibility was to increase shareholder profits. Since 1995, the number of socially responsible investment (SRI) mutual funds, which generally avoid buying shares of companies that profit from such things as tobacco, oil or child labor, has grown from 55 to about 260. SRI funds now manage approximately 11% of all the money invested in U.S. financial markets - an estimated $2.7 trillion...
Those words cut in politics. When directed at the President of the United States - during a prime-time address to the nation, no less - they cut deep...
...when Representative Joe Wilson, a little-known Republican and Army Reserve veteran from South Carolina shouted them at the nation's Commander in Chief on the night of Sept. 9, heads snapped. The House chamber took a collective gasp. Nancy Pelosi, sitting behind Obama, tensed and scowled as if she had just witnessed a crime, her disgust unhidden. (See TIME's photo essay "The Health-Care Debate Turns Angry...