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...where the Bernstein performance was shown on eight giant screens in Times Square, just blocks from the spot where Bernstein's West Side Story had its Broadway premiere more than half a century earlier. Next year's BMF is already being planned, and Long is looking at other long-term projects, including a collaboration with Israel and Germany to produce an opera about the small Jewish community in Shanghai that sheltered Holocaust refugees during World...
...costs." And that's what we have. Study of the Japanese experience became something of a cottage industry for Fed researchers over the past eight years, and the Fed has responded accordingly: lending directly to banks, backstopping the commercial-paper market (which companies use to raise short-term money), trying to bring yields on both long- and short-term maturities down. Further, Fed chairman Ben Bernanke went out of his way recently not to object to the possibility of further fiscal stimulus from Congress. In other words, the Fed is throwing everything but the kitchen sink at avoiding a deflationary...
...long enough to get expelled, and his ethically and temperamentally challenged porkmate, Don Young, was re-elected as well; Michelle Bachmann of Minnesota survived her McCarthyite rant on Hardball, and Ohio's similarly obnoxious Jean Schmidt once again avoided a well-deserved early retirement. Republicans even ousted four first-term Democrats before they could get entrenched in deep-red districts - not only the clearly doomed Casanova Tim Mahoney of Florida, but Nancy Boyda of Kansas, Dan Cazayoux of Louisiana and Nick Lampson of Texas. (See the Top 10 video campaign moments...
...generation will repeal them because the mainstream is shifting as Americans get more comfortable with homosexuality every year. A July poll found that a shocking 75% of Americans believe gays should be able to serve openly in the military, up from 44% in 1993. Republicans already have a long-term demographic problem, with the country getting browner and minorities flocking to the Democrats. The GOP will be able to gin up its base with gay-marriage peril for only so long before they have a tolerance problem...
...Blair and his Labour government in a burst of goodwill in 1997 but watched him leave office last year with much of that goodwill dissipated. "Obama has to avoid repeating the mistake we made back then," said one Labour MP. "We were too cautious, and we wasted our first term when we should have been doing big, bold things with our majority." It's a point that Labour Cabinet Minister Shaun Woodward made more obliquely. Obama, he said, "is not only making history but learning from it." There's that H word again. But as the whole world turns...