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...most of the past 25 years, but it can also accelerate a turn to the left, as it did in the early 1960s. Or the social discombobulations provoked by a given zig, as with the late '60s, can make the zag that follows more extreme; thus the long political period we've just been through...
...Thus Kroft's bizarrely meta question: "Are people going to look at this and say, 'I mean, he's sitting there just making jokes about money'?" - asking the President to analyze the public's reaction to his tone in an interview he was in the middle of. And thus the hyperventilating over Obama's Leno sit-down, coverage of which focused not on substance but on Obama's comparing his bowling skills to the "Special Olympics." Here's another thing F.D.R. didn't have to deal with: a public jaded by superficial, 24/7 political spin...
Though politicians on Capitol Hill have made less of it thus far, the other change that Geithner is seeking is even farther-reaching and arguably more controversial on Wall Street. As banks must do now, big hedge funds, private equity firms, insurance companies and others who play in the financial markets would have to open their books (on a confidential basis) regularly to government overseers. Hand in hand with that requirement would be much tougher limits on how much risk any financial firm could take, so that the days of making huge bets on the markets with relatively little...
...Thus began Demjanjuk's tangled journey toward justice - or, as political commentator Pat Buchanan put it, a series of Salem witch trials. Demjanjuk, who has long maintained his innocence, became just the second accused Holocaust war criminal sentenced to death by the state of Israel, but he was released when exculpatory evidence withheld at his trial later emerged. He has had his U.S. citizenship revoked, then reinstated. In March 2009, after a protracted period of diplomatic wrangling, Demjanjuk was extradited to Germany, where a German court charged the 89-year-old with being an accessory to at least...
...International Peace in Washington D.C. argues that the real danger for China is likely to come from discord among the top leadership rather than street demonstrations. As Pei writes in a recent Foreign Policy article, internal Party turmoil could render authorities "less capable of containing social instability and thus creating a vicious cycle of events that could result in progressive destabilization...