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.
In the week leading up to Independence Day, several news stories prompted us to contemplate what freedom means in 2014.
"I have gotten bad news and am much the worse for it.
Their histories, accurate and complete, are lost to time and buried with them and those who knew them. I wish I knew more because their stories would read like a page-turning novel.
I've always heard and read that it's a good idea to involve children in meal-preparation efforts, because they're more likely to eat dishes that they helped cook. That makes sense.
Q: The sassiness that I have heard so much about from my friends started a few months ago with my 5-year-old daughter.
Politically speaking, perhaps the biggest news story this election cycle is the historic loss of U.S. House Majority Leader Eric Cantor in a primary election.
As Americans hop in their cars this summer, gasoline prices are at a six-year high. Thanks to surging demand and continued turmoil in Iraq, gas is quickly approaching $4 per gallon.
Editor, I saw an item in Friday's paper informing me about the fireworks at 9:30 p.m. at Cottrell Field on Fort Stewart. Having been raised here, I already knew that, but was surprised to see they were shooting off their fireworks at 9:30 p.m., instead of closer to July 5, if you catch my drift. As I reflected on years gone by, my blood began to boil.
Ogeechee Riverkeeper Day is Saturday over at Loves Seafood. That's a good thing.
Editor, The special purpose local option sales tax is another example of Liberty County spending taxpayers' money before it is even collected, making the taxpayers liable for county expenditures.
With the July 22 runoff elections fast approaching, I called Junior E. Lee, general manager of the Yarbrough Worldwide Media and Pest Control Company in Greater Garfield, Georgia, to get his thoughts on the various races and to see who he thinks will make it to the finals of the November general election and who will be eliminated this round.