Word: turnings
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What do you think of President Obama's fiscal stimulus package in helping to turn the economy around? The bill that provided something like $800 billion for spending on government projects was supposed to make people willing to spend their own money. But that hasn't happened. The implicit belief of the Obama Administration is that you needed fiscal stimulus [i.e., more government spending], and that's why they passed this enormous stimulus bill. But from my observation of how, historically, expansions have come to an end and how recovery has happened, it's always in terms of monetary stimulus...
...Palin, the question might be, How thin a résumé and how unconventional a background will voters embrace? Obama - a first-term Senator with roots in Hawaii, Kenya and Indonesia - moved the bar quite a distance. But would the same country that picked the lofty, cerebral liberal turn around four years later and embrace an earthy, instinctive conservative? After all, President Obama will also be a lot more experienced in 2012. (Read "Sarah Palin's Alaskonomics...
...Indeed, notable achievements have been attained during its 34 years. With no topic off limits, areas of mutual interest such as the economy, energy, environment, foreign affairs, health, labor, terrorism and trade tend to get discussed. And these discussions, in turn, get written about in the press, sparking conversation among like-minded people around the world. Look past those quintessential G-8 buzzwords like "consultation," "global social integration," and "millennium development goals" and you can see that, in recent years, the summit has given eventual rise to debt forgiveness for poor countries, a significant aid package for Africa...
...commander of NATO's International Security Assistance Force (ISAF) in Afghanistan, U.S. General Stanley McChrystal has inherited a 7½-year war that appears to be getting worse. Yet U.S. Congressmen have given him only a year to turn it around. In a wide-ranging interview with TIME magazine on the back porch of his office at ISAF headquarters in downtown Kabul, McChrystal discussed his new approach to the Afghan fight, why the military alone can't be a solution and what he's currently reading on his new Kindle...
...fired but you achieve control, the population is going to feel a lot better. On the other hand, if you come in and you destroy buildings, homes, you may take the ground, but the population is left impoverished - they may have suffered casualties among their civilians - and then to turn and ask for their support, it will be different. So what we really want is the equivalent of a peaceful takeover, where the Taliban are forced...