It was not Webvan or Pets.com this time. It was Lehman Brothers, Merrill Lynch, AIG and Wachovia. Gone or sold for pennies on the dollar. It was $700 billion - taxpayer dollars - rushed through Congress to avert the "greatest crisis of our time." What actually happened, and what can we learn from it?
December 1 is a special day on my calendar. It's the birthday of one of my heroes, a man I've admired since we met exactly a decade ago. He's a champion of rivers, conqueror of polluters and destroyers, defender of wild things, campaigner for justice.
For any Georgians still wondering about the need to see what government is up to with their tax dollars, it's highlighted by a Cobb County's special election on extending a Special Local Option Sales Tax this fall. How special? Scheduled on an "off" day, it cost taxpayers $500,000 or so, according to the Marietta Daily Journal.
Democrats see the road to economic recovery, and it has been bulldozed, flattened out by a road grader and covered with pavement.
The buzz is getting louder. Former Gov. Roy Barnes is said to be thinking of running again.
One of Barack Obama's acts of courage as a presidential candidate, his campaign maintained, was to give a speech in Detroit excoriating the auto industry for its carbon-emitting sins. Obama noted how the industry had long played "typical Washington politics" with an "army of lobbyists."
The past week has seen new revelations in the ongoing saga of Gena Evans, nee Abraham, the woman whom Gov. Sonny Perdue put in charge of the state Department of Transportation. Perdue pushed Evans for the job supposedly to clean up a deeply troubled agency, which is facing a staggering funding shortfall in excess of $7 billion over the next six years for needed road construction and improvements. According to DOT's own estimate, its expected funding shortfall over the next 25-30 years is an almost incomprehensible $51 billion.
Once he is sworn in on Jan. 20, our new president will command all eyes. After a long campaign during which he and his rival traded policy prescriptions and accusations about their respective flaws, the country will be anxious to see the White House's agenda. Congress, it seems safe to say, will be an afterthought, its views given weight only insofar as they might hinder or abet the president's plans.
All hail the end of the Reagan era! That's the cry going up throughout liberaldom as the financial crisis and the Democratic electoral sweep threaten the Reaganite troika of deregulation, low taxes and free trade.
Unintended consequences: Sen. Saxby Chambliss would have won re-election without a runoff if his fellow Republicans in the Legislature had not messed with election rules in a misguided effort to help the GOP.
On Nov. 11 (Veterans Day), my father, brother Christopher and I will be conducting a wreath laying ceremony at the two tombs of our grandfathers in Arlington National Cemetery. I have planned this visit for over a year now as a respectful gift to my father Adna Romanza Chaffee IV.
I want endless summer.
To what do we owe our 20-pound Butterball turkeys, our high-definition TVs, our spacious and warm homes this Thanksgiving? Something that won't be high on anyone's list of things to be grateful for, but undergirds our way of life - a centuries-old economic revolution that changed the very terms of human existence.
People are often flabbergasted when they learn slaves outnumbered free whites 3-1 in the 1860 U.S. Census of Liberty County. But when you consider the labor needed to clear virgin timber for crop cultivation, to build the dikes to manage available water, and for planting, maintaining and harvesting rice and other crops, it's no longer a wonder. Add to that the craftsmen needed to sustain the plantations and the domestic help pressed into service, plus the fact that a person was a "slave" before they were weaned from their mother's breast and long after they could swing ...
Just as the fat lady prepared to sing to bring down the curtain on the 2008 election, Georgia became a battleground state - not for the presidency but for unchallenged control of the U.S. Senate.
One Sunday, while sitting around the dinner table, my sister Louise and I began to tell "Daddy stories" - the ones that stretched back to the early days of his preaching life. Since I was born 12 years after he was "made a preacher," as our folks said back then, I could only contribute what he had told to me about those days, not what I had seen.
Right after my daughter's birth, I thought I never had enough time to get things done. I had a new baby, I'd just returned to work and I was adjusting to a lot of "firsts." While I enjoyed my precious, new little one and devoted as much time as I possibly could to my career, laundry stacked up, dishes went unwashed, tumbleweeds of dog hair and dust rolled lazily across the kitchen floor and a thin layer of dust coated nearly every surface in my house.
Today's Scripture reading: Acts 19: 11-16 (NIV).
Are you HomeProud? Thankfully, many homeowners in our community are, and we are delighted to showcase a few of them this month.
Some national business organizations have hammered the Environmental Protection Agency (EPA) for proposing new rules on carbon pollution from existing power plants, cutting carbon emissions by 30 percent by 2030, using 2005 levels as a baseline. What planet are they on?
If Congress actually listened to small-business owners, the minimum wage would be going up.
As far back as 2010, the Ogeechee River has been called one of the most threatened rivers in the country by environmental groups such as the Southeast Environmental Law Center.
Editor, I never would have thought a small block of wood measuring about 1.5 inches by 2 inches could make me so angry.
In 1997, then-Gov. Zell Miller appointed me to fill a vacant seat on the five-member State Ethics Commission and then reappointed me to a full term, in which I served until 2002.
To this conclusion I have come: the most deadly years of our lives are the ages of 16 to 21. Those years give us a headiness that comes from new freedom - a driver's license - and the passing of the torch from strict childhood rules to more trust, different restraints and relaxed curfews.
Editor, Mexico and Guatemala have finalized a deal that will allow Guatemalans (who normally would be arrested and deported or imprisoned in Mexico) to travel on 72-hour passes through Mexico on their way to our Southern border.
I love a good rainstorm - I always have. My mother used to check the weather forecast for thunderstorms because I was fascinated by them and wanted to watch them outside. However, it's not really a good idea to sit outside during a thunderstorm.
My 2-year-old is a chatterbox. I have no idea where she gets it from. (I'm being sarcastic, of course; it's obviously a trait passed down directly from me.)
Not a single person in my breakfast club has mentioned the "blood moon." And that includes me, until now. I wasn't really sure what it was even though my emails from some preacher have hammered me recently with a "better beware" kind of verbiage.
Editor, Lately your newspaper has printed several letters stating that Buddy Carter is just like Jack Kingston. These claims are extreme exaggerations and pretty farfetched.