Word: speeches
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...might have noticed a particular word missing from the speech President Obama gave on Wednesday in rolling out the Administration's massive housing-rescue plan. That word is "subprime." That might ring a little odd, considering how religiously we've been talking about the "subprime mortgage crisis" - all the loans made to borrowers with bad credit who couldn't really handle them. The thing is, subprime isn't the entire story. In fact, looking forward, it's not even the biggest problem. While the raw percentage of subprime loans in delinquency and foreclosure still far outstrips any other sort...
...told reporters that she wouldn't allow discussions over key issues like the global economy, security and climate change to be sidetracked by talk about China's human rights record, a topic that has long been a source of friction between the two nations. Clinton herself gave a strident speech promoting human rights during a 1995 women's conference in Beijing. (Read "Will Beijing Respond to Clinton?s Diplomatic Wish List...
...discussions of the financial crisis. As China's manufacturing sector reels from the global drop in demand for its wares, trade will likely dominate all near-future discussions with the U.S., China's biggest trade partner, and could become the primary source of bilateral friction. In a January speech at Davos, Chinese Premier Wen Jiabao lectured about the "inappropriate macroeconomic policies of some economies" with low rates of savings and high consumption - an "unsustainable model of development." In other words, the U.S. When outgoing U.S. Treasury Secretary Paulson was quoted as suggesting that China's high rate of savings helped...
...massive housing projects and hopes for the best. We can't keep wishing kids into success by simply declaring that no child will be left behind. We must stop treating the poor as laboratory subjects that we tinker with in our pricey think tanks and universities." - in a 2007 speech, New York Times...
...been so cordial. Ronald Reagan and Brian Mulroney, both of Irish descent, became fast friends who enjoyed fishing together and singing duets. The closeness of their friendship was a significant factor in the eventual signing of NAFTA. But Lester Pearson, Prime Minister in the '60s, delivered a scathing antiwar speech in Washington at the height of the Vietnam War. The next day at the White House, Lyndon Johnson issued a stern reprimand: "You peed on my rug!" Relations between the two never recovered. And Richard Nixon once famously called Pierre Trudeau a "pompous egghead," to which Trudeau replied...