Word: openness
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...hubris and misjudgment - lots of both - have gotten us into the mess we're in. Yet at the same time, I must honestly say I'm proud of America's global achievements. Behind U.S. global expansion was an ideal of a world based on free enterprise, mutual prosperity and open societies. It was that ideal that brought my Holocaust-survivor grandparents through Ellis Island in 1949 in the hopes of rebuilding their lives and finding better opportunities for their 3-year-old daughter - my mother. These ideals have too often been trampled by greed or myopic self-interest...
...Chinese system - not just its banks and companies but also a system of governance that was still heavily dominated by power blocs at the provincial and local level. And his concerns over sustainability were specifically aimed at pollution and environmental degradation - unmistakably negative externalities of China's fixation on open-ended, manufacturing-led economic growth. To the extent that the Chinese experience is a microcosm of the broader Asian development model, Wen's "four uns" are very much a blueprint of what it will take to realize the aspirations of the Asian Century. Just as the financial crisis...
Brooker rubs a big blackened thumb over the clod of dirt in his hand, and a coin appears - minted, it turns out, sometime from 1625 to 1649. "That's a Charles I rose farthing," he explains, pointing to the vague outline of a royal crest. On the open market, it's not worth much - maybe $60 - but "to a mudlark, your first Charles I should be priceless." He tosses it into the bucket with the rest of our haul for the morning, which includes several Tudor hairpins, Victorian clay pipes and a 17th century ferry token...
...usual with this President, all the cadences were right. "It is a privilege to be here tonight to open for Lady Gaga," he ad-libbed, again a deft and knowing line for an audience probably as eager to hear her performance as his. During one clamorous ovation, Obama said, simply, "I love you back...
Weather officials blamed the heavy rains in Karnataka and Andhra Pradesh on a low-pressure system over the Bay of Bengal. So far, over 250 people have died in flooding made worse when officials were forced to open dams for fear they might burst. Some 1,500 relief camps have been set up for the estimated 2.5 million people who were displaced as the raging water destroyed entire villages, washing away roads, bridges, crops and livestock. (See pictures of India's 2008 floods...