Word: whitely
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With stimulus spending doing little to combat an unemployment rate at 10.2% and rising, U.S. leaders are starting to take further action. President Barack Obama is holding a jobs summit Dec. 3, followed by a White House to Main Street Tour to "share ideas for continued recovery." Congressional Democrats, meanwhile, hope to tackle a new jobs bill by the end of the year. (See the top 10 recession surprises...
Still, President Franklin Roosevelt - who rode into office on a platform of deficit reduction - initially hedged his bets, taking stabs at public-works projects and farm subsidies while also rolling out balanced-budget initiatives. When a British economist visited the White House in 1934 saying deficit spending was the best engine to boost consumer demand and create jobs, Roosevelt balked. (Two years later, the economist - John Maynard Keynes - published that advice in his seminal work, The General Theory of Employment, Interest and Money, which revolutionized economic thought by debunking the widely held belief that the market naturally tends toward full...
...gentleman pottering around an English house and garden. What that misses is the way his ideas were abused in the 20th century and the way in which Darwin was wrong about certain key issues. He asserted that different races of mankind had traveled different distances along the evolutionary path - white Caucasians were at the top of the racial hierarchy, while black and brown people ranked below. [Racism] was a widespread prejudice in British society at the time, but he presented racial hierarchy as a matter of science. He also held that the poor were genetically second-rate - which inspired eugenics...
Whatever Leon Panetta lacked in formal intel experience he would make up for with his political smarts. That was one of the chief points made in his favor when the Obama Administration named the former California Congressman and Clinton White House chief of staff as its CIA director. So many CIA veterans were not happy over the summer, when they felt that Panetta had failed to protect the agency from the political backlash over its Bush-era detention and interrogation practices. "There was a feeling [Panetta] had not done enough to defend the CIA from the politicians," says a former...
...same time, Makhmalbaf warned that the West should not "trample" on the Green Movement by fully embracing Iran's regime if it eventually reverses course on nuclear talks. He and other prominent opposition members are also urging the White House to more actively condemn the brutal crackdown since the election that gave Ahmadinejad a second term despite opposition claims of widespread fraud. The limited reaction has allowed the regime to believe the outside world is indifferent to what is happening inside Iran, he said...