With his feet planted firm on the sand, Hank Iori squinted as he scanned the beach shoreline – spotting ramshackle homes, transplanted utility pipes, and scattered debris in every glimpse of his hometown Rockaway, Queens. “FEMA and the federal government have done a marvelous job cleaning up the blocks and getting sand off the streets, but that money dries up,” [...]
Letting go is hard to do. So hard, in fact, that I called up Hillary earlier this week to give her the once-in-a-lifetime opportunity to serve as Columbia Political Review’s next editor-in-chief once she ends her State Department gig. I hate to say it, but she politely declined.
While Mitt Romney’s “47 percent comment” stirred up an enduring cloud of debate centered on the American notion of self-reliance and personal responsibility, the idea of responsibility in politics – what is and should be expected of our various layers of government and what are and should be the obligations of American and world citizens – has been on the stage of world events for much a longer time.
Amid the discussion of credit default swaps, capital requirements, and mortgage restructuring, Bair stressed the importance of trust – not only that financial institutions need to gain trust from the public, but also that the public needs to trust regulators.