Word: downs
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"The Federal Reserve has pressed the cost of the capital for the banks down to zero, and they still can't earn a large profit," says top Wall Street strategist Robert Arnott of Research Affiliates. "That's a problem."
Yet the leaders of the two-month Pentagon review, former Army Secretary Togo West and the Navy's onetime top admiral, Vernon Clark, told reporters last week that they didn't drill down into Hasan's motives. "Our concern is with actions and effects, not necessarily with motivations," West said...
But without a motive, there would have been no murder. Hasan wore his radical Islamic faith and its jihadist tendencies in the same way he wore his Army uniform. He allegedly proselytized within the ranks, spoke out against the wars his Army was waging in Muslim countries and shouted "Allahu...
Three years ago, the commander's sentiment seemed overly bleak. For soldiers hunkered down on an isolated base that regularly took fire, giving candy to children seemed like a pretty innocent way to lift spirits. These days, however, his warning seems prescient. Just last week, soldiers inspecting a project outside...
Though U.S. policy subsequently shifted, and the Iraqi parliament has nominally watered down de-Baathification laws, the early effort to purge the old regime still haunts Iraqi politics. Last week, the Accountability and Justice Commission, the remnant of a de-Baathification committee set up by the Americans, banned 499 Iraqi...