Word: resetting
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Author Kurt Andersen's new book, Reset: How This Crisis Can Restore Our Values and Renew America, examines the economic, political and cultural opportunities to be found in the wake of the financial crises. In this excerpt, the first of five on TIME.com, he glances back through history to see how national destinies can change...
...coherent narrative after one has experienced a few decades of it, so does the future. Having been an adult for 30 years now, I find I have a pretty fair ability to imagine how American life will and won't change during the next 30. Thus my new book, Reset: How This Crisis Can Restore Our Values and Renew America, in which I explain how the recent meltdown was both inevitable and a long time coming, and how it amounts to one of our rare but regular national opportunities to give ourselves a sensible and sustainable makeover...
...spokesman Philip Crowley said the U.S. had not ruled out rearming Georgia, whose military was crushed during its brief war with Russia last August. The possibility of such a deal, or even the discussion of it, puts the Obama Administration in a difficult position, forced to choose between a reset of relations with Russia or indulging Saakashvili's request. "It is a huge political mistake to support Saakashvili. By giving him weapons, the U.S. would be putting guns in the hands of a criminal," Sergei Markov, a Duma deputy and one of the chief ideologists of Prime Minister Vladimir Putin...
...transparently, without under-the-carpet games and not at the expense of others' interests." United Russia's Markov said Russia does not want a sphere of influence, but that historically, Russia has a "privileged interest" in Georgia and Ukraine and that in order for U.S.-Russian relations to be reset, "the U.S. has to recognize Russia's legitimate interests - that Russia has the right to not be surrounded by enemies, enemies that are controlled by Washington, but to be surrounded by friends, as all other countries strive to achieve...
...nearly a year since that spat, time enough for passions to have cooled somewhat. U.S. Secretary of State Hillary Clinton and Vice President Joe Biden have said they want to press a "reset" button with Russia, while Moscow, for its part, seeks a normal, stable and predictable relationship with the U.S. But neither side knows where and how to start. "Both are trying to figure out what they can get out of the relationship," says Coit Blacker, a Russia expert at Stanford University and former adviser to the Clinton Administration. "There's a lot of head-scratching going...