Word: threatenings
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When short-term shocks do threaten to raise prices noticeably, people have a way of getting pissed, and the administration is usually quick to take action. Only four months ago the President refused to tap into the nation’s Strategic Petroleum Reserves, arguing that doing so “would put America in a dangerous position in the war on terror.” But Bush changed his mind after Hurricane Ivan disrupted oil imports. It was probably the right policy move on the merits, but let’s not fool ourselves about the administration?...
Were Dean the nominee, the Bush campaign would probably be going after him not as a flip-flopper but as a lefty. Lefty isn't exactly a term of endearment. But at least it evokes issues rather than character. Character debates sank Al Gore and threaten to sink John Kerry now. A debate about issues, on the other hand--especially the biggest issue of all, Iraq--is something Democrats could...
...from Verheugen this week - his recommendation will be voted on by E.U. government leaders at a summit on Dec. 17 - has focused the minds and unstopped the pens of critics around Europe. Joseph Cardinal Ratzinger, the Vatican's conservative theologian, warned that admitting Muslim Turkey to the E.U. would threaten the Continent's "cultural richness." French Prime Minister Jean-Pierre Raffarin pointedly asked in the Wall Street Journal: "Do we want the river of Islam to enter the riverbed of secularism?" Austrian E.U. Commissioner for Agriculture Franz Fischler opined that Turkey was culturally "oriental," geographically "Asian" and that accession would...
Accused of flip-flopping on the war in Iraq, Kerry defends his force-authorizing vote by claiming that he voted to threaten force rather than to actually use it. But the fact is that in an interview with George Stephanopoulos of ABC News on May 4, 2003, after Saddam Hussein had been disarmed, Kerry clearly said, “I think it was the right decision to disarm Saddam Hussein, and when the President made the decision, I supported him, and I support that fact that we did disarm him.” In direct contradiction to his most recent...
More importantly, by divesting the stock of these companies, Harvard would send a clear signal to companies that provide large-scale revenue flows and advanced technologies, equipment and expertise to governments that support terrorism: Choose between your business in countries that threaten American security interests and our investment in your company. I believe they will choose the latter...