Word: nationalizes
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...think Charlie took Amtrak to Washington to meet the President? Even if he did, it's fairly routine for the networks to ferry their precious anchors around by private jet these days. (And while we're at it, why can't Bush take a carpool to Camp David? This nation isn't exactly flush, and he's not exactly essential any more. Doesn't the Secret Service own an armored Suburban...
...financial system has collapsed over the past year, everyone from policymakers to media commentators has fretted about whether or not the crisis would spillover into the broader economy. Yesterday, the fears were confirmed when the Cambridge-based National Bureau of Economic Research officially declared that the U.S. economy is in a recession, and has been for nearly a year. The bureau’s seven-member Business Cycle Dating Committee, which is officially charged with determining when the U.S. is in a recession, announced yesterday that the last peak in economic activity occurred in December 2007, marking that month...
...That's one more reason today's runoff is a big deal. A Chambliss victory would not send much of a message to the nation; it would just confirm the obvious fact that Georgia is more conservative than the nation. But it could reinforce the dangerous message that recent electoral results have been sending to Republicans. GOP moderates like Connecticut Congressman Christopher Shays and GOP pragmatists like North Carolina gubernatorial candidate Pat McCrory keep losing, while most Republican survivors have been conservatives from conservative districts and conservative states. So the party keeps looking more like Chambliss and moving further...
That wasn't quite the result Chávez got. The PSUV did win 17 of 22 state governorships, the lion's share of mayoral posts and 53% of the total vote, proving that Chávez and his Bolivarian Revolution are still the nation's most potent political force. But el comandante's celebration was blunted by the fact that the opposition won governor seats in three of the most populous states, including Zulia, the nation's oil powerhouse, and Carabobo, an important automobile producer. (Earlier last month, Chávez had threatened to send in tanks...
...Delhi proclaiming itself to be the party that would have prevented such attacks. The turnout for state polls in New Delhi on Nov. 29 was considerably higher than expected. When India's Prime Minister, Manmohan Singh, chaired an all-party crisis meeting this weekend to discuss the nation's security situation, his direct rival in the BJP, the 82-year-old L.K. Advani, failed to show up because he had duties campaigning in the western state of Rajasthan...