Word: respectability
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...month internship in India this summer, I was curious to see how Indians viewed America. Had the aftermath of the Bush administration left them with a negative view of our country, as it had for most of the world? Or had the presidency of Barack Obama inspired them to respect our country? To my surprise, I found that India—a country in the midst of a sweeping economic and social transformation—has a much more favorable impression of the United States than I had expected...
...America are not uniformly positive, of course. Many Indians are skeptical of American prodding on issues such as climate change and relations with Pakistan. They also fault the American market for the crash that brought down the global economy with it. Yet, as a whole, the people admire and respect a country that, more often than not, treats them as an equal partner, introduces new business models and economic ideas to their country, and sets a model for tolerance and diversity. As we work to rebuild our bonds with the rest of the world, these lessons are worth keeping...
...least in the portion read aloud, there was no mention of the issues that divided him from Church teaching, like abortion. "I have always tried to be a faithful Catholic, Your Holiness, and though I have fallen short through human failings, I have never failed to believe and respect the fundamental teachings of my faith. I continue to pray for God's blessings on you and on our church and would be most thankful for your prayers...
What are seasonal stock-market patterns pointing toward? Right now investors have a tremendous amount of doubt with respect to the stock market. With the economy just coming out of recession and stocks up more than 40% from the lows, people are thinking, 'It's gotta correct, it's gotta correct.' But historically, it doesn't have to correct, and that's what these seasonal patterns show - following big runs in the summertime, the stock market does not, on average, turn negative in the fall...
...political calculation might have been at play. (Polls supporting Bush tended to spike when the terrorism threat level went up.) But he is not about to accuse either Rumsfeld or Ashcroft of letting politics cloud their judgment. "I'm not trying to second-guess two colleagues whose service I respect," he says...