Jeffrey Sachs

We, being the Western world, wouldn't let Russia off the hook on debt. So there were demands on debt servicing in the early days until they ran out of reserves. There was no real aid program, just a fictional aid program.

If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.

You make your first album, you make some money, and you feel like you still have to show face, like 'I still go to the projects.' I'm like, why? Your job is to inspire people from your neighborhood to get out. You grew up there. What makes you think it's so cool?

In 2008, Barack Obama did get Democrats hyperventilating, whipped up to a creamy froth, while John McCain creaked ahead like a cranky granddad whom Republicans let move to the front of the buffet line, deferring to seniority, as they had in 1996, when Bob Dole turtled to the top of the ticket.