Word: shrewd
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...their cost of money has dropped; There is almost certainly no truth in that. Many banks still want to keep as much capital as they can in the event of future losses. The same bankers may have been slow-minded enough to dump money into derivatives, but they are shrewd enough to stay out of lending into a real estate market which may well still be dropping...
...plotting to overthrow him so they can push through tax hikes and generally bully all future governors. Blagojevich then surprised all observers by going ahead with an appointment to replace Obama; his choice of Roland Burris, a veteran African-American politician of impeccable credentials, turned out to be a shrewd move that Senate leaders in Washington reluctantly had to accept. And his stunning press conferences, during which Blagojevich has quoted poetry and presented himself as a defender of the ill and infirm, have made the entire impeachment process seem like a joke...
...Inaugurations did not include prayers. Instead, the vice-presidential swearing in took place at a separate ceremony in the Senate chambers, after which the Senate chaplain usually offered a prayer. Roosevelt decided to merge the two events and brought the chaplain along to participate as well. But in a shrewd political maneuver, Roosevelt also opened up a second religious slot on the program for Father John Ryan, an influential figure in Catholic social teaching and a prominent supporter of the New Deal. As Mark Silk, professor of religion at Trinity College, has written, Ryan was not only known...
...face the new threats of terrorism. New intelligence and security departments and offices were created, emergency management plans improved across all levels of government, legal reforms implemented, and borders made more secure. In addition to overseeing a rapid recovery from the 2001 recession due to tax cuts and shrewd economic policy, the administration has made consequential efforts to shore up America’s economy in this latest financial crisis. As the largest buyers of sub prime mortgages from 2004 to 2007, Fannie Mae and Freddie Mac helped fuel the housing bubble and exacerbate the burst. The Bush Administration tried...
...central question the book raises is how much inhumanity is justified in the cultivation of a talent--especially in an age when (as Naipaul is shrewd enough to realize) writers are judged on the basis of their personality more than their art. Even as he turned himself into a bespoke English gentleman, after all, while Pat became the obedient and self-denying Indian wife of legend, Naipaul's strength lay not just in the clarity of his observations but in the passion--the grief and terror and rage--that trembled just beneath them. When Pat finally died, in 1996, French...