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...Thankfully, in the face of mounting bad news on the budget front, Hatoyama is not stubbornly clinging to pledges of fiscal austerity. Major spending cuts have been rendered unrealistic by the current economic climate. Falling real wages and low business investment mean Japan's recovery is fragile. A recent Nikkei newspaper survey showed that 38% of top Japanese executives rated the likelihood of another downturn next year as high or somewhat high. The biggest risk, cited by 69% of respondents, was "the effect of fiscal stimulus measures wearing off." Hatoyama appears to be willing to continue stimulus spending under...
...That's bad news not just for the oceans, but also for John Heitz and millions of others who make a living from these fish. General Santos earned its motto as the "Tuna Capital of the Philippines" when fishermen could go out in the morning and return at dusk with two or three 150-lb. (70 kg) yellowfin or bigeye, two tuna species that, like the bluefin, are sold for sashimi. Now, even the smallest of those tuna are at least a two- or three-day trip out to sea. These waters, like so many others, have been fished...
Civility is so 20th century. In today's Congress, the propriety of a gentleman and $5 will get you lots of committee work and a ham sandwich. Embrace the new media landscape, however, and you can break out in the national media fun house as an Internet and cable-news populist. Fame and campaign cash await...
...Grayson and Bachmann, the objective is both to rally their loyalists and to rile the other side. Cable news embraces this sort of stuff, having turned August into the summer of town-hall fury. The liberal MSNBC host Keith Olbermann joyfully turned Bachmann into a "worst person in the world," just as Grayson became a star of conservative broadcasting as a sort of public enemy No. 1. "They gave us enormous free media exposure," Grayson says of his political opponents after his "die quickly" performance. "They were running my speech unedited on Fox for an entire...
...meantime, the Establishment is obligated to roll its eyes. Obama has likened cable news to professional wrestling and said in a recent TV interview, "The media encourages some of the outliers in behavior because, let's face it, the easiest way to get on television right now is to be really rude." But Obama plays the game too: his online fundraising pitches read like populist fairy tales, with the big insurance industry playing the wicked witch of K Street. And at a fundraiser in Miami on Oct. 26, the President called Grayson an "outstanding member of Congress...