Obama’s tragedy is written in his unlucky auspices. The quandary that America is facing is structural in nature, and nothing that any one president could solve by simply relying on his own power to turn the tide.
Strictly speaking, America’s involvement in World War I actually violated the Monroe Doctrine’s principle of mutual nonintervention, which means that from then on America no longer upheld the Monroe Doctrine.
The U.S. government is as always an old miser; its miserly ways are particularly self-evident in the case of White House interns, as they do not earn a cent for their work.
Dimon made JPMorgan Chase the leading bank of the United States — and now he believes the whole country ought to benefit from his managerial qualities.