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Monthly Archive

September 2008
Indispensable

“Big Government to the Rescue,” by Fareed Zakaria, Newsweek, Sept. 29, 2008.

As of this writing, we don't know the details of the plan that is being crafted by Henry Paulson and Ben Bernanke to restore confidence in the U.S. financial markets. It is impossible to be certain... ...

Trojan Horse

“House Republicans Rejoin Talks on Bailout Plan,” The Washington Post, Sept. 26, 2008.

House Republicans agreed to rejoin negotiations today on a massive administration plan to stabilize the U.S. financial system, sending their second-ranking leader to talks on Capitol Hill, and Democratic leaders expressed hope that a deal... ...

This Side of Paradise

“Milton Regained: A Hulluva Party,” by Charles McGrath, The New York Times, Sept. 25, 2008.

John Milton won’t turn 400 until Dec. 9, but a number of institutions have already jumped the gun on celebrating his quadricentenary. The New York Public Library, for example, gave him a show... ...

An Interesting Experience

“Lawmakers Battle Over Rescue Plan,” The Wall Street Journal, Sept. 22, 2008.

WASHINGTON -- Lawmakers are scrambling to put their mark on the Bush administration's $700 billion plan to save financial markets -- a fast-moving test of wills that could reshape one of the biggest bailouts in U.S.... ...

Put Your Financial House in Order

“Derivatives and Dangerous Times,” by Robert Lenzner, Forbes.com, Sept. 16, 2008.

When Merrill Lynch CEO John Thain entered the Federal Reserve Bank of New York building Saturday and realized that nobody was going to bail out Lehman, a chill went through him. He recognized the threat to Merrill, which is... ...

Difficult Circumstances

“Heart Failure Claims Basketball Legend,” by Bill Knight, El Paso Times, Sept. 8, 2008.

EL PASO -- Don Haskins, Hall of Fame basketball coach and El Paso's own legend, died in his sleep late Sunday afternoon at his West Side home….

"You're talking about a Hall of Fame... ...

The Usual Strain

“It's Time for Sarah Palin, John McCain, and the GOP to Abstain From Abstinence-Only Education—It Doesn't Work,” by Bonnie Erbe, U.S. News and World Report, Sept. 2, 2008.

Sen. Barack Obama took the high road in refusing to answer reporters' questions about Alaska Gov. Sarah Palin's pregnant 17-year-old... ...

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