On the basketball court of Rome’s Liceo Massimo high school about five decades ago, Mario Draghi modeled his playing on that of future Hall of Fame hoopster and U.S. Senator Bill Bradley , then shooting for Olimpia Milano.
The U.S.’s national transportation program is broke. We borrow about $12 billion from the Treasury annually for the Highway Trust Fund. But our real annual transportation deficit is more than $100 billion when you include interest, deferred maintenance and other spending.
The title of Dave Sheinin’s new book screams volumes. It’s simply “RG3,” and in those two letters and single digit lies the message that Washington Redskins quarterback Robert Griffin III is famous enough to be identified by only three strokes on a keyboard (like a few players of that other Washington contact sport, politics).
At the world premiere of Cirque du Soleil’s new show, “Zarkana,” a man climbed a ladder with a woman standing on his shoulders. Another did flips off a moving contraption that looked a lot like a hamster wheel.
President Barack Obama needs a new Treasury secretary. Timothy Geithner has made clear that he intends to leave. Furthermore, it is time to bring some fresh thinking to two vital issues: fiscal policy and financial-sector oversight.
President Barack Obama said in a Bloomberg Television interview today that a Republican offer on averting the so-called fiscal cliff doesn’t go far enough and won’t raise the revenue needed to shrink the deficit by $4 trillion over the next decade.