(’76 Contributor) Alan Greenspan, an august recent chair of the Federal Reserve, articulated what is generally believed; economic bubbles are hard to identify and little can be done about it anyway. If you consult Wikipedia you will discover that since the creation of the Fed in 1913, we have had numerous depressions and recessions in a pattern not unlike before the Fed began tinkering with the economy. This means we are constantly playing catch–up after ma and pa’s pension is decimated, their home loses it value and everyone but trust fund babies and attractive women lose their jobs.
Decades ago, I was a reporter in Albany, N.Y., working for a newspaper at the foot of a hill that could be ascended only with huffing, puffing, knee endangerment and sweat unless you employed a trick. It was this. You first went down a flight of stairs from the newsroom to the composing room, left by a backdoor, went across a metal walkway and a littered stretch of earth to the bottom floor of an adjacent office building and took the elevator up several levels.
(Denver Post, Dec. 25) Senator John was a political man, a driven man, some would say a hard man. At dusk on Christmas Eve, he squinted from his office window through falling snow toward the Capitol, and grumbled to his assistant about the latest Bill Ritter gimmick: low–energy holiday lights.
(’76 Contributor) I have often wondered what propels the Douglas County economy and enables it to be the 8th most affluent and highly educated county in the United States. Many believe that the engine of growth was real estate development or big box retailing. Maybe, but a recent project I managed suggests a labor force concentrated in the health care field is the real underlying strength of the local economy.
(Centennial Student Intern) The past few days, with CCU sophomore Drew Goorabian, I have had the distinct pleasure of making a brief pre–Christmas stop in the frozen swamp that is Washington D.C. in the winter. AIPAC or the American Israeli Public Affairs Committee has been both our motivation and gracious host for this trip bringing Drew and me to D.C. to attend the biannual Saban Leadership Seminar.
(’76 Contributor) As the latest Wikileaks saga unfolded I couldn’t help but recall the scene in the film Sneakers where Martin “Marty” Bishop (Robert Redford) and Cosmo (Ben Kingsley) discuss the “code breaker.” Cosmo: There’s a war out there, old friend.
If you’ve somehow been in a Rip Van Winkle sleep and have awakened without knowing what season it is, you might catch on by seeing how niceness is suddenly directing traffic or how smiles surround us wherever we go.
“A prison cell, in which one waits, hopes—and is completely dependent on the fact that the door of freedom has to be opened from the outside, is not a bad picture of Advent.” Those words of Dietrich Bonhoeffer, a Christian prisoner and eventual martyr in Hitler’s Germany,
Throughout the 2010 midterm election, Democrats vibrantly portrayed the Republican party as ‘the party of no.’ No to healthcare for 50 million uninsured Americans, no to a second stimulus bill, no to extending unemployment to hundreds of thousands of unemployed Americans, and no to increasing the government’s role in shoring up our distressed economic climate. Republicans overtly accepted this notion, and rode a tidal wave election in which the GOP regained majority in the House and sustained moderate gains in the Senate.
So Muhammad Ali Hasan, twice an unsuccessful Republican candidate (treasurer this year, legislature in 2008) says he is done with the GOP and now getting chummy with Nancy Pelosi. “GOP Loses Hasan,” the headline says. No, I would say a better term would be the GOP has finally gotten rid of the man!