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Analysis: Barack Obama takes big risk by addressing race conflict (U.S., 63 articles)
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The speech - the most sweeping discussion of race in a presidential campaign in memory - was an attempt to broaden the focus from Obama's immediate political problem to the collective problem of America's struggle with racial issues. While 77 percent of white voters surveyed by Rasmussen Reports said the Rev. Jeremiah A. Wright's remarks were racially divisive, only 58 percent of African-American voters said so. Barack Obama said today that the controversy over his former pastor that led to the speech has reminded him of the audacity of his White House bid. Newspaper editorial boards across the country and many commentators effusively praised the speech, saying that Obama had tackled the thorny issue of race with an honesty and complexity rare for a politician. PHILADELPHIA (AP) und Barack Obama confronted the nation's racial divide head-on Tuesday, tackling both black grievance and white resentment in a bold effort to quiet a campaign uproar over race and his former pastor's incendiary statements. Over the past few weeks, the issue of race exploded in Obama's and Sen. Hillary Clinton's, D-N.Y., presidential campaigns when supporters from both campaigns made controversial race-based remarks.
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Fed cuts discount rate; JPMorgan to buy Bear Stearns (Finance, 35 articles)
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The central bank lowered its federal funds rate - the rate it charges banks for overnight loans - by three-quarters of a percentage point, to 2.25 percent, and left the door open to additional rate cuts in the months ahead. The Federal Reserve yesterday followed its unprecedented actions to stabilize financial markets with another aggressive interest rate cut, but many analysts say the central bank will still need help from Congress and the Bush administration to right the struggling economy. As the housing market has crumbled and stock prices have slumped, many individuals and institutions have been hoarding trillions of dollars in safe, short-term accounts such as money market mutual funds and bank savings certificates.
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China's quandary on Tibet's future (World, 51 articles)
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Despite violent protests in Tibet, China remains steadfast in its plan to take the Olympic torch to Tibet and to Mount Everest, officials in the Beijing Olympics organizing committee said Wednesday. Tibet's regional government said 105 people involved in violent protests in Lhasa on Friday had surrendered to the police by Tuesday night, the official Xinhua news agency said Wednesday. The London-based Free Tibet Campaign said 20 people were arrested in the ensuing violence, and a local official said seven people were injured, as authorities scrambled to quell the worst protests against Chinese dominion over Tibet in two decades
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Bush Defends Iraq War in Speech (World, 26 articles)
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In a speech not far from North Carolina's Fort Bragg military base, the Democratic presidential hopeful told military families and local officials that the war has emboldened al-Qaida, the Taliban, Iran and North Korea. With the war entering its sixth year, their youthful resolve raises a lingering question: How much longer? Most likely, the war will go on for years, say many commanders and military analysts. President Bush defiantly defended the Iraq war Wednesday as U.S. troops began a sixth year of combat in the long and costly conflict that has dominated his presidency.
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The Chat House (U.S., 15 articles)
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Columnist Jeffrey Birnbaum was online Tuesday, Jan. 2 at 1 p.m. ET to discuss the intersection of business, politics and government. Welcome to another edition of where Post columnist Michael Wilbon was online Monday, Sept. 11 at 1:15 p.m. ET to take your questions and comments about the latest sports news and his recent columns. Washington Post theater critic Peter Marks was online Monday, Sept. 10 at 11 a.m. ET to discuss the and take your questions about the shows appearing on area stages in the coming months.
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blaster@cs.columbia.edu
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