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Bully Pulpit

The term "bully pulpit" stems from President Theodore Roosevelt's reference to the White House as a "bully pulpit," meaning a terrific platform from which to persuasively advocate an agenda. Roosevelt often used the word "bully" as an adjective meaning superb/wonderful. The Bully Pulpit features news, reasoned discourse, opinion and some humor.

Sunday, September 04, 2005

Strategic reserves -- no strategy

by Alan Reynolds

Alan Reynolds is a senior fellow at the Cato Institute and a nationally syndicated columnist.

Hurricane Katrina slashed U.S. oil production by 1.4 million barrels a day -- the global equivalent of suddenly losing two-thirds of all oil produced by Iraq or Kuwait.

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