Word: roberte
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...patriarch, Joseph P. Kennedy, spent a big part of his life in the movie business, so it's fitting, perhaps, to quote from a film as we reflect on the family he built. The Man Who Shot Liberty Valance opened in 1962, when John F. and Robert F. Kennedy ruled Washington and young Edward M. Kennedy was winning his first of nine U.S. Senate elections. It is the story of a decent, but entirely human, fellow whose fame doesn't quite match the ambiguous facts of history. And there comes a point when the myth assumes a reality...
...Thus the weight of two unrealized lives dropped onto Robert's shoulders. He added a deeper dimension: a mission of compassion to go along with the steel and the wit and the will to win. And then, with a gunshot in a Los Angeles hotel, everything fell to Ted - the youngest, the mama's boy, the slipstreamer...
...didn't think you could have two in one family," he quotes her as saying. Publisher Henry Luce reported a conversation with Joseph P. Kennedy: "He told me once that he didn't think Jack would get very far, and he indicated he wasn't very bright." As for Robert: "In the high stakes of inheritance, Bobby seemed to have drawn the worst card," Leamer writes. "Unlike his brothers, he wasn't a handsome child ... scrawny and small, always struggling to keep up." (See pictures from Ted Kennedy's life and career...
...This is good news for sure, but the data don't come without caveats. First of all, as economist Robert Shiller has pointed out, the index that bears his name has shown signs of turning a corner in the past. In early 2008, the rate of monthly home-price declines started dropping (that is, the housing situation looked to be moving from really bad to less bad). That momentum didn't stick, though, owing to the broader economic downturn. This time around, a first-time homebuyer tax credit is giving a huge boost to the market - nearly a third...
...former press secretary and speechwriter for Senator Kennedy, Shrum is now a senior fellow at New York University's Robert F. Wagner Graduate School of Public Service...