July 31, 2012 |
Back in 2004, when James Mann wrote "Rise of the Vulcans: The History of Bush's War Cabinet," he took full advantage of the sarcastic nickname that President George W. Bush's foreign policy advisors gave themselves. It not only captured their ideological zeal and outsized egos, but was an inside joke: the neo-cons liked the allusion to "Star Trek's" über - rational humanoids, and future Secretary of State Condoleezza Rice had grown up near a statue of another Vulcan, the Roman god of fire.
February 20, 2013 |
Last August, then-Secretary of State Hillary Rodham Clinton and then-CIA Director David H. Petraeus proposed that the United States change its policy and send weapons and other aid to the rebels fighting the Syrian government. Defense Secretary Leon E. Panetta and Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, signed on too, an unusual step for the normally cautious Pentagon. President Obama's national security advisor, Thomas Donilon, opposed the proposal, and in the end, the president sided with him. As a result, U.S. assistance to Syria's opposition remains limited to "nonlethal" aid to unarmed political groups, plus humanitarian aid to civilian refugees.
September 28, 2011 |
Even as President Obama crosses the country selling his jobs plan, his advisors aren't banking on an economic turnaround to make voters more upbeat about his record come the 2012 election. During his three-day Western swing, Obama faithfully pitched his $447-billion proposal, asserting that it would give the wheezing economy a lift by putting more money in workers' pockets and 2 million people back to work. But his campaign team concedes that game-changing drops in the unemployment rate won't happen any time soon.
June 17, 2012 |
WASHINGTON - Mitt Romney has already had one run-in with the vice presidential selection process, and it did not end well. In late May 2008, well after John McCain had sewed up the Republican presidential nomination, he summoned Romney and other vice presidential contenders to his Arizona ranch. None was picked, and the prize ultimately went to a little-known governor, Sarah Palin of Alaska. Soon the party nominee himself, Romney may not subject his finalists to a similar display.
March 22, 2012 |
On Oct. 28 and 29, 1929, when the great crash devastated the stock market, Herbert Hoover had been president just shy of eight months. For more than three years, he lingered in office as the nation's economy sank into Depression. By the time ofFranklin D. Roosevelt's inauguration, hard times and Hoover had become near synonymous. Barack Obama's timing resembled Hoover's far more than Roosevelt's. The 2008 financial panic hit on George W. Bush's watch with the collapse of Lehman Brothers less than two months before the election.
January 7, 2014 |
WASHINGTON - President Obama became progressively more pessimistic about prospects for a successful ending to the war in Afghanistan, goaded by inexperienced White House advisors and a dislike of Afghan President Hamid Karzai , according to his former Defense secretary, Robert M. Gates. In a forthcoming memoir that mixes strong praise with scathing criticism for Obama and his administration, Gates says Obama doubted his own policy after he decided to send 30,000 more troops to Afghanistan early in his first term.
CALIFORNIA | LOCAL
July 3, 1996 |
Over the last 28 years, Frank Norwood had often wondered about the South Vietnamese Army captain he advised during his 1968 combat tour. He assumed that his counterpart, Capt. Le Tan Lao, did not survive the war and perished either on the battlefield or in a Communist prison camp after South Vietnam's defeat in 1975. Earlier this year, Norwood was "shocked" to learn that Lao was alive and living in Minnesota.
March 11, 2003 |
Capital One Financial Corp. gave advance notice to some of its lenders and advisors that its finance chief planned to resign amid an insider trading probe. The McLean, Va., consumer credit company said that it had discussions with some of its "lenders under its corporate credit facility, advisors, rating agencies and regulators shortly before the public announcement" last week of the probe and the resignation of Chief Financial Officer David Willey.
April 5, 2013 |
Exchange-traded funds have taken Wall Street by storm in the last few years. But the boom in ETFs may leave some investors confused about how to make the best use of the portfolios, which come in a dizzying array of flavors. Here's a practical tipsheet on investing in ETFs versus their main rivals, traditional mutual funds: Going with ETFs is going with the market flow. The vast majority of ETFs were created to track sectors of financial markets. So using them means you are betting on specific parts of the market, and expect to earn whatever average returns those sectors generate - or suffer whatever losses they incur.
June 26, 2011 |
The Obama administration's top national security officials were gathered around the polished wooden table of the White House Situation Room to hear Army Gen. David H. Petraeus argue for a slow drawdown of U.S. troops in Afghanistan. The military needed time, he said, to secure the eastern part of the country as it had done in the south. President Obama quickly made clear his disagreement. More important, he said, was the administration's goal of shifting responsibility for the country's security to the Afghan government, which would let him bring home troops.