Word: handedly
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...first week on the stump clarified some things: She never banned library books, though she raised the possibility in a conversation with a librarian. She never joined a political party that openly discussed Alaska's secession from the U.S., though she did address its members. On the other hand, the government plane she says she "put on eBay" was never actually sold there. She once supported the prizewinning piece of pork known as the "bridge to nowhere" that she claims to have opposed. And though it was legal under Alaskan law, some found it unseemly that she claimed thousands...
Treasuries are explicitly backed by the full faith and credit of the government. Fannie's and Freddie's paper, on the other hand, have long included the disclaimer that they are "not guaranteed by the United States." But both firms were creations of Congress and had access to a Treasury line of credit. As a result, Paulson said when he announced the takeover, "central banks and investors throughout the United States and around the world ... believe them to be virtually risk-free." And because the U.S. government created this perception, Paulson felt he had little choice but to make perception...
...money--it's not a direct cost to taxpayers. Then there are the $4.5 trillion in bank deposits insured by the FDIC. The first big bank bust of the current crisis, that of mortgage specialist IndyMac, cost an estimated $8.9 billion, leaving the FDIC with just $45 billion on hand to cover a likely rash of failures. But while the agency may hit up taxpayers for a loan, this would eventually be paid back with interest by surviving banks. "It becomes an issue only if the banking industry can't pay the bill," says Ely. If things get that...
...call it a trip of a lifetime, since it also included visits with wounded soldiers in Germany - a stop the McCain campaign repeatedly charged Obama with refusing to make during his trip overseas in July. Asked if she'd ever met a head of state, she raised her unshaken hand like a badge of honor: "We've got to remember what the desire is in this nation at this time," she said. "It is for no more politics as usual and somebody's big fat résumé maybe that shows decades and decades in that Washington establishment where...
...understand what has come before." That includes recognizing strengths - and weaknesses. Cameron voted, with reluctance, for military action in Iraq and later sent constituents copies of a speech Blair made in support of the invasion. "The problem with Blair is that he was a liberal interventionist without a hand brake," says Cameron now. "There was no limit to his ambition." That led, in Cameron's view, to a serious imbalance in relations with Washington. "Blair was too much the new friend telling you everything you want to hear rather than the best friend telling you what you need to hear...