Word: spins
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Most damning is their attempt to pooh-pooh their defeats as the result of voter anger against incumbents. People have legitimate objections to Obamacare, and no amount of spin can change that. For Democrats to try, they make themselves look ridiculous—and desperate...
China, contending with a huge trade surplus with the U.S., bought more and more Treasury bonds, pushing down yields and making Treasuries less attractive to other foreign investors. As a result, the rising demand for higher yielding U.S. debt opened the door for Wall Street investment bankers to spin out new classes of fixed-income securities, most notably collateralized debt obligations or CDOs. Much of the money raised by those investments was funneled in the mortgage market. That gave lenders the ability to make more loans, allowing more people to buy houses and push up real estate prices. Many...
Most of the fallout from climate change is likely to be disruptive, to put it mildly. It's hard to put a positive spin on rising seas, increased drought and wildfires, shrinking water supplies and more acidic oceans. For the plants that form the very foundation of the food chain, though, an argument can be made that both global warming itself and the rising carbon dioxide levels that cause it are actually a good thing. CO2, after all, is essential for the photosynthesis that most plants depend on for nourishment. And as winters get milder and shorter, plants will have...
That assurance was given at a time when Blair was publicly pushing the U.N. to force Saddam into compliance. Campbell denied any lack of sincerity in the efforts to secure a solution through the U.N. The former spin doctor has already given evidence to a number of inquiries with narrower investigative remits and has published a thick volume of his diaries. His central narrative remains consistent: Blair believed there was a growing threat from Saddam's weapons of mass destruction; he worked hard for a peaceful solution and to steer an overeager Washington away from precipitate action against Iraq. Campbell...
...tell, has to do with isolation: we live in this little village on the Potomac - actually, I don't, but no matter - constantly intermingling over hors d'oeuvres, deciding who is "serious" (a term of derision in the blogosphere) and who is not, regurgitating spin spoon-fed by our sources or conjuring a witless conventional wisdom that has nothing to do with reality as it is lived outside the village. There is, of course, some truth to this. Washington is insular; certain local shamans are celebrated beyond all logic; some of my columnar colleagues have lost touch with everything beyond...