Word: short
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Dates: during 2000-2009
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...costs." And that's what we have. Study of the Japanese experience became something of a cottage industry for Fed researchers over the past eight years, and the Fed has responded accordingly: lending directly to banks, backstopping the commercial-paper market (which companies use to raise short-term money), trying to bring yields on both long- and short-term maturities down. Further, Fed chairman Ben Bernanke went out of his way recently not to object to the possibility of further fiscal stimulus from Congress. In other words, the Fed is throwing everything but the kitchen sink at avoiding a deflationary...
...series of high-profile Hollywood donations, as well as a frantic, nationwide push for gays to get out their checkbooks, turned out to be quite successful in the short term. East Coast gays had been lulled into inaction by the Oct. 10 Connecticut Supreme Court decision granting gay couples the right to marry - a decision that hadn't required gays to write a single check. But gay people in Los Angeles and San Francisco cajoled and shamed their Eastern friends into opening their wallets. Thousands of California gay couples got married in the past few weeks, and I didn...
Before hundreds of Republican activists, the Republican nominee refused to play to partisan passions or score political points. In blunt terms, he praised the historic significance of Barack Obama's victory and embraced the pain of his own defeat. "Though we fell short, the failure is mine, not yours," he told the crowd, earning jeers along with cheers...
...Short of ideas and running low on cash, Republicans are in need of new leaders. South Carolina party chair Katon Dawson, a probable candidate for the national chairmanship, will be hosting a meeting of state leaders in Myrtle Beach later this month. Republican governors, a group that includes such potential 2012 presidential candidates as Sanford, Utah's Jon Huntsman Jr. and Louisiana's Bobby Jindal, plan to meet in Florida. Social conservatives, a faction that Mike Huckabee is positioning himself to lead, were scheduled to caucus in Virginia. No one is quite sure yet whether Palin will become the darling...
...idealistic white teenage mother and the charismatic African grad student who abandoned them - a man who grew up without money, talked his way into good schools, worked his way up through the pitiless world of Chicago politics to the U.S. Senate and now the White House in a stunningly short period. That achievement, compared with those of the Bushes or the Kennedys or the Roosevelts or the Adamses or any of the other American princes who were born into power or bred to it, represents such a radical departure from the norm that it finally brings meaning to the promise...