Word: stimulus
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...Dems. With Grassley bailing out too, the only Republicans who might side with the Democrats now are Maine's Olympia Snowe and Susan Collins - though their GOP street cred is undercut by the fact that they were also the only current Republicans to vote for Obama's economic-stimulus package. Some Democrats now wonder whether Grassley had been toying with them - and particularly his good friend Baucus - from the start. One joked that Baucus needs to see the movie He's Just Not That into...
...fear that people were expressing - afraid for the country. Health care was a big issue, yes, and it took up most of the questions at the town meetings. But it seemed to me it was the straw that broke the camel's back. People were bringing up the stimulus bill not doing any good and [costing] $800 billion. Or the Federal Reserve shoveling $2 trillion out of an airplane and not seeing it does any good. And the nationalization of banks and [General Motors...
...contrast to Thaksin's iron-fisted approach, the current government led by Prime Minister Abhisit Vejjajiva has adopted a far more conciliatory attitude toward Thai Muslims. He has unveiled a $1 billion-plus economic stimulus plan for Thailand's deep south in an effort to counter deep-seated Muslim antipathy toward the central government. But despite the rubber-plantation and road projects, these three southernmost provinces have also turned into a giant militarized zone over the past couple years. Some 60,000 Thai military and police forces patrol the region, a troop surge that has frightened many locals who complain...
...When the market sees the second dip looming, panic will be more intense and thorough," he warns. Xie expects this economic slowdown to gather force in the fourth quarter, coinciding with a second-dip recession in the U.S. as inventory restocking and fiscal stimulus there, which are driving today's recovery, peter out. "By the middle of the second quarter next year, most of the world will have entered the second dip," he concludes. "By then, financial markets will have collapsed...
...departure from the scene, much of the political urgency has drifted away from stand-up comedy. Pay a visit to a typical comedy club these days and you're more apt to get pummeled with details of the comedian's dating life than with his views on Obama's stimulus plan. "I'm not hearing a ton of political stuff," says Kevin Flynn, a New York-based stand-up who has a couple of Obama jokes in his repertoire but, like a lot of his colleagues, is still feeling his way along with the change in Administrations. But he doesn...