Word: richard
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...word: deflation. "Sure, we're very cognizant of it," one source familiar with Fed's thinking on the matter told TIME this week. "We don't think we're there yet, but we're very aware of the possibility." So is Wall Street. At Merrill Lynch, chief investment strategist Richard Bernstein issued a report within hours of Barack Obama's election, listing three developments for investors to monitor closely: fiscal stimulus, taxes and deflation. (See pictures of TIME's Wall Street covers...
...sure Richard Corliss and I watched the same movie [Nov. 3]. Oliver Stone most certainly did have a point of view in filming W., his slice-of-life depiction of George W. Bush. The genius of Stone is that he can duplicate the emotions in the movie theater that we all feel in real life: confounded disbelief that a person like Dubya could ever become the President of the United States. Bush is perhaps the worst President we have ever had or, hopefully, will ever have. The first election, in 2000, was engineered, jockeyed and ultimately stolen. The second...
...While getting up to speed on the complexity of the international challenges he will face, Obama will start filling the senior national-security posts in the new Administration. Candidates for secretary of state are believed to include former U.N. ambassador Richard Holbrooke and Chuck Hagel, a GOP senator from Nebraska who did not seek re-election and has been critical of the war in Iraq. A spokeswoman for John Kerry denied rumors that the Massachusetts senator and failed 2004 presidential nominee was also seeking the job. In the running to serve as Obama's national security adviser are James Steinberg...
...Should Gates be passed over or decline to continue serving, former Clinton Navy Secretary Richard Danzig is a leading contender to run the Pentagon. And Danzig made clear last month where an Obama Administration might lean in the wars currently underway. Iraq in "now a political problem; security and the presence of military is important, but we need to get the Iraqis catalyzed to come to grips with handling front line combat issues themselves," said Danzig in a breakfast with reporters. While the Pentagon must begin "moving additional combat brigades to Afghanistan," Danzig stressed that "there are opportunities...
...many, Palin was a godsend, a true populist in the spirit of Ronald Reagan. For others, she was a nightmare. With no leader in sight, factions are maneuvering behind the scenes to assign blame and take control. "It's not going to be business as usual," says Richard Viguerie, a 75-year-old direct-mail wizard who joined the conservative movement before becoming a foot soldier for Barry Goldwater. "There are going to be just some massive battles for the heart and soul of the Republican Party." (See pictures of John McCain's campaign farewell...