Word: talks
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Even oversimplified, it's an extremely complicated thing to figure out. Take sea level, for example. Most studies on climate change talk about the average rise worldwide. But things can look very different when you zoom into specific stretches of coast. Ocean currents can make local sea level higher or lower than the world average. So can the continuing rebound of land from the weight of glaciers from the last ice age, even though they melted more than 10,000 years ago. Factors like the extraction of oil and gas, like in the Gulf of Mexico, can also make...
...Obama as the President described the proposed ban on proprietary trading by commercial banks as "the Volcker rule." Other White House economic aides have also chafed at the influence of Geithner and Summers; one of them recently told me that if I wanted to understand financial reform, I should talk to MIT's Simon Johnson, who until last week was trashing the Administration's reforms as a cave-in to Wall Street. (See 10 things that have and haven't changed during Obama's first year...
...tells of a family outing derailed by an accident, then by the revelation of betrayal. Before things started going south, the father had planned to show his son a bit of Danish history, a German bunker from World War II. "We were supposed to have had a nice little talk about the Occupation," he notes. The emotions unleashed in this tale couldn't be contained in any nice little talk. They are painfully universal. Yet you know exactly where in the universe you are. This is the hallmark of great short stories, from Chekhov's portraits of discontented Russians...
...Gates helped win are ones that this town completely discounted when we started. We are scrubbing the budget once again to make sure that every program that we're funding actually has some justification - it actually works. Yesterday we had a whole bunch of CEOs and innovators here to talk about modernization of government. The infrastructure bank falls in that broader category of, How do we make these dollars work better? Because we're going to have to make some very difficult spending decisions moving forward...
...foreign policy question. My sense is that - just my own personal sense, but also from people I talk to - the overall conception of your foreign policy has been absolutely right. Necessary, corrective. Subtle, comprehensive. We have a good team...