Word: spokes
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When the plane touched down at Malpensa airport outside Milan, I froze in my seat. I was spending a year here? In a country where I barely spoke the language and didn’t know anyone? And not even getting credit for it? What did I think I was doing...
...crisis - those ideas had support from White House economists like Christina Romer and Austan Goolsbee of the Council of Economic Advisers and Jared Bernstein in Vice President Joe Biden's office. Volcker was never really persona non grata; he's friendly with Biden, and Goolsbee says Volcker spoke "extensively and repeatedly" with all the key players - including Obama. Still, White House officials were increasingly frustrated that they weren't getting credit for going after Wall Street. "It came up in every meeting: This bank stuff is killing us and killing us," a Treasury official told TIME...
...President Obama spoke the first 676 words of his State of the Union address on Wednesday night before the first hand clap. His tone was so somber, and the room's mood so grave, that no one moved when Obama said, "We must answer history's call." There were no ovations when he called for "Democrats and Republicans to work through our differences, to overcome the numbing weight of our problems." He got no love for saying, "The worst of the storm has passed." (See "Judging Obama's First Year, Issue by Issue...
...When Obama spoke about creating jobs for small business, Boehner spread his hands and cocked his head as if to say, "So now you're getting it." When Obama congratulated himself for not raising income taxes by "a single dime," Boehner looked incredulous - as if to say, "Really, he wants credit for that?" When Obama asked "if anyone from either party has a better approach" to health care reform, Boehner shot out of his seat and raised his hand. He was not called...
...offered no clear hope for resolving those issues. He was fiercely critical of the Supreme Court's recent ruling to allow corporate and union contributions to political campaigns, earning himself a disapproving head shake from Justice Samuel Alito, who sat in his robe in the second row. Obama also spoke at length about the deficit, saying he would freeze government spending, but not until next year. When some Republicans snickered at the delay, suggesting through their derision that the President was not as serious as he claimed to be, Obama shot them a quick rejoinder. "That's how budgeting works...