April 8, 2013 |
Margaret Thatcher had no small talk. At a private lunch which I can't quite date — her husband, Denis, was there, drinking whiskey out of a large tumbler, so it must have been well over a decade ago — I was seated across from her, and at one point I became the object of a tirade about the Russian president. "What are we going to do about Mr. Yeltsin?" she demanded, as if either she or I could do anything at all. She'd been out of power for several years at that point and was already forgetting thoughts in the middle of...
March 28, 2013 |
Thomas M. Hoenig is vice chairman of the Federal Deposit Insurance Corp . Imagine if the United States had an airline industry in which the biggest carriers that fly both domestically and internationally received a larger government fuel subsidy than those flying only domestic routes. Unfair? Yes — and that's exactly how the U.S. financial system works. The fuel of the largest firms in our financial services industry is subsidized, and the public bears the cost.
January 21, 2013
Here's a full transcript of President Obama's second inaugural address, delivered on Jan. 21, 2013 . MORE COVERAGE: The Grid: Obama takes oath | A lighter crowd than four years ago | Obama starts term with eye on legacy PRESIDENT OBAMA: Thank you. Thank you. Thank you so much. Vice President Biden, Mr. Chief Justice, members of the United States Congress, distinguished guests, and fellow citizens, each time we gather to inaugurate a president, we bear witness to the enduring...
January 13, 2013
With Italy heading into a pivotal election month, Pier Luigi Bersani, head of the center-left Democratic Party, is now the front-runner to be Italy's next prime minister. The following is an edited transcript of his interview on Thursday with Anthony Faiola of The Washington Post. Q. During the election campaign, there has been back and forth attacks between interim Prime Minister Mario Monti and former prime minister Silvio Berlusconi. You have seemingly been watching their fight...
January 13, 2013 |
ROME — At the tender age of 12, Pier Luigi Bersani led his fellow altar boys in a strike against their parish priest to win back tips from Easter services. Today, the former communist turned friend of the free market is poised to face a far greater challenge: saving the world's eighth-largest economy. In a race worthy of surrealist director Federico Fellini, Italy is lurching toward elections next month with Bersani's center-left coalition running substantially ahead of those backed by his...
January 10, 2013 |
Adam LaRoche set reasonable expectations as he entered free agency this winter, certainly lower than what could have been justified. He had been the most productive first baseman in the National League in 2012: a 33-homer, 100-RBI force and the winner of both the Silver Slugger and Gold Glove, perhaps the most valuable player on the 98-win Washington Nationals . He sought a three-year contract without an outrageous annual price tag, and recent...