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.
April is Child Abuse Prevention Month in Georgia, as proclaimed by Gov. Nathan Deal. Child abuse is a subject I don't like to think about, let alone write about, and you probably would just as soon not read about. But it is there, and we need to acknowledge it and demand some solutions.
In the Georgia Legislature, even a relatively simple bill can turn into one of the most important pieces of legislation that is considered.
Just a wisp of time elapsed, and the almighty sand-gnat is back with a vengeance. Like a swallow returning to Capistrano or a martin to a gourd, the little varmints are back just in time for the Blessing of the Fleet. They just refuse to give up.
They all come with some kind of a price and all with a certain amount of disappointment, but still, Rodney keeps trying.
Call me an old-timer, but moms and dads just did things differently when I was a child. The overall approach to parenting seems to have changed so much. My parents fostered independence in my siblings and me. They wanted us to learn early on that we needed to be able to speak and do things for ourselves, and the sooner we understood that, the better off we'd be.
Editor, Hmm. I read in the Coastal Courier that Liberty County's government and various cities' political leaders have declared a war on blight. You know - yada, yada, yada.
In 1965, Wilbur Mills, the chairman of the powerful Ways and Means Committee, brought legislation establishing Medicare and Medicaid to the floor of the U.S. House.