Word: rightness
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...repeated repeated saying in sports is to go “Win one for the Gipper.” This weekend, the “Gipper” will be Alex Wawrzyniak, a three-year-old listed as a shortstop and right-handed pitcher on the Harvard baseball team’s roster...
...White House has mostly avoided direct public engagement with its unlikely critic. On ABC's This Week recently, White House economic aide Larry Summers dodged a question about Kaufman's complaints. "Senator Kaufman is exactly right," he said instead, sympathizing with the concern about large bank failures. In fact, on whether to dismantle the largest banks, it would be hard for the two men to disagree more...
...luck - and Baghdad's - didn't get better. On Tuesday, at least seven apartment buildings were leveled by explosives that had been planted inside them. One of them had a lovely tea shop on the roof. Nothing makes sense in Iraq right now. High-profile attacks are becoming more frequent, but U.S. officials say it is just proof that al-Qaeda is desperately lashing out and thus on its last legs. (See how Ben Lando survived the attack on Baghdad's Hamra Hotel in January...
...Seeing China Clearly It would be comforting to think, as some of Obama's advisers do, that the tensions between China and the U.S. in recent months - the falling-out at the Copenhagen climate-change summit, angry words over Tibet, disagreement about the right way to handle Iran, the woes of U.S. companies in China and a rumbling unhappiness over China's mercantilism - can be passed over as normal strains. But no serious student of history would believe this. As China grows, as it scrapes against international norms and habits of a different era, the sparks won't stop coming...
...Both politically and economically speaking, this gets it about right. The reason it's in China's economic interest to allow the RMB to rise a bit is plain enough: At a moment when much of the world is still trying to climb out of a disinflationary hole, China's got a burgeoning inflation problem. Prices are rising at about 3% annually now, and it's now got its own real estate bubble to deal with. Cooling things off a bit is clearly the government's priority this year, and a rising currency helps. It makes imports more affordable...