Word: roomed
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...That's where the focus of investors ought to be: not on bailouts or the economic stimulus package du jour, but on the economy itself. All over the world, indicators are flashing red. American consumer confidence and spending have plunged. China's Guangdong province, the boiler room of the global expansion earlier this decade, recently reported its economy in the first nine months of 2008 grew at the slowest pace in 15 years. Most of the G-7 economies have already experienced one quarter of negative growth and will likely experience a recession. Small emerging economies are under serious strain...
...early 2007, John McCain sat down to breakfast at a back table in the Senate Dining Room with Ken Duberstein, Ronald Reagan's last White House chief of staff and one of the few big-name Republicans to have supported McCain rather than George W. Bush in 2000. It stood to reason that the fabled Washington wise man would back McCain again. Instead, Duberstein said he was troubled by McCain's efforts to ingratiate himself with the conservative wing of their party. He cited a fence-mending commencement address McCain had given at the Rev. Jerry Falwell's Liberty University...
...Obama, derided as so ethereal compared with the battle-tested McCain, was the clear-eyed realist in the room; he was a child of change - changed countries and cultures and careers, even his very name: Barry became Barack. You can't stop change from coming, he argued; you can only usher it in and work out the terms. If you're smart and a little lucky, you can make it your friend...
...accident of birth that made him ineligible for a White House run. Westminster is far less diverse than Washington, but if Obama's birth certificate were unexpectedly to reveal him as a Brit, opinion polls suggest he could romp into Downing Street without breaking a sweat. In the green room of a London TV studio, David Lammy, Minister for Higher Education and one of Britain's most prominent black politicians, watched mute and damp-eyed as Obama's family joined him onstage at Grant Park. "There are two families: the royal family and this one," said Lammy finally. "This...
...rejected his request. A ministry official said the government determined that bin Laden did not "meet the conditions necessary for entering Spain." (The ministry official spoke on condition of anonymity in line with government policy.) He has 24 hours to make an initial appeal and remains in a holding room at Barajas airport...