The loser wins. That’s the way it can go in presidential elections. Especially when the ballot involves a likable incumbent who happens to be failing when it comes to his task of helping the U.S. economy.
Here’s my advice for President Barack Obama as he embarks on his second term: Follow the example of one of your heroes, Franklin Delano Roosevelt. Not the Roosevelt of the first two terms but the Roosevelt of the next two. The Roosevelt who won the war.
As the actions of his first term made clear, and as his second inaugural address declared, President Barack Obama is committed to a distinctive vision of American government. It emphasizes the importance of free enterprise, and firmly rejects “equality of result,” but it is simultaneously committed to ensuring both fair opportunity and decent security for all.
New York’s East River swirls around a roofless room, an unfinished shrine built of massive stones. It’s the first visible part of what will be a five-acre memorial to Franklin Delano Roosevelt at the southern tip of the island renamed for him.
The U.S. homeownership rate, which soared to a record high 69.2 percent in 2004, is back where it was two decades ago, before the housing bubble inflated, busted and ripped more than 7 million Americans from their homes.
In the snake-infested jungle of southeastern Ecuador, the American explorer David Lowell found himself sliding over a waterfall and heard his head bounce off a rock “like a melon being hit by a hammer,” he says.