Word: politicians
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...shrewd and effective a pol as he was, Kennedy would probably have been the first to tell you not to count on it. When lawmakers cut their deals and cast their votes, it is rarely with another politician's legacy in mind. If anything, Kennedy's death has made the prospects for the bill dicier, because it has deprived Senate Democrats of the 60th vote they would need to block a filibuster (assuming everyone else in the Democratic caucus voted as a bloc, which is far from certain). (See pictures of the lion of the Senate, Ted Kennedy...
...Kennedy, even more than for most great men, these accomplishments are difficult to separate from the turmoil and tragedy that he endured throughout his life, including trials both personal and professional that arose both by fate and by his own doing. There is perhaps no other politician in American history who has achieved so much despite such public controversy and personal loss. (Read TIME's tribute to Ted Kennedy...
...previous hunger for power - but the next Fed chairman may be less ideal. And Obama has proposed to give even more regulatory power to the Fed, even though it has shown little interest in the past in curbing the excesses of the markets. At the same time, any politician who meddles with the Fed gets pilloried for threatening its hallowed independence; it's like the Supreme Court, if the Supreme Court could pour trillions of dollars wherever it wanted...
...video conference with U.S. relatives. But the BBC reported last week that British business minister Peter Mandelson had held a brief conversation earlier this month with Seif Gaddafi, when the two men met on the Greek island of Corfu, where they were both vacationing. Mandelson's staff said the politician made no assurance of Megrahi's release. Still, says Mohammed-Ali Zainy, senior economist at the Center for Global Energy Studies in London, "There can be no dispute that this strengthens the relationship between Britain and Libya." Mandelson has since said that the allegation of a trade deal between...
...course I want to go back to Tripoli. I have my wife and my five children are growing up. But I want to go back an innocent man." - As recounted by Scottish politician Sir Tam Dalyell, on his appeals (The Times of London...