Some quotations from Jimmy Carter: We have a tendency to exalt ourselves and to dwell on the weaknesses and mistakes of others. I have come to realize that in every person there is something fine and pure and noble, along with a desire for self-fulfillment. Political and religious leaders must attempt to provide a society within which these human attributes can be nurtured and enhanced. — from 1975 book “Why Not the Best?” Our government can express the highest common ideals of human beings — if we demand of government true standards of excellence. At this Bicentennial time of introspection and concern, we must demand such standards. — “Why Not the Best?” I am a Southerner and an American, I am a farmer, an engineer, a father and husband, a Christian, a politician and former governor, a planner, a businessman, a nuclear physicist, a naval officer, a canoeist, and among other things a lover of Bob Dylan’s songs and Dylan Thomas’s poetry. — “Why Not the Best?” Christ said, “I tell you that anyone who looks on a woman with lust has in his heart already committed adultery.” I’ve looked on a lot of women with lust. I’ve committed adultery in my heart many times. This is something that God recognizes I will do — and I have done it — and God forgives me for it. But that doesn’t mean that I condemn someone who not only looks on a woman with lust but who leaves his wife and shacks up with somebody out of wedlock. — Interview, November 1976 Playboy. This inauguration ceremony marks a new beginning, a new dedication within our Government, and a new spirit among us all. A President may sense and proclaim that new spirit, but only a people can provide it. — Inaugural address, January 1977. It’s clear that the true problems of our nation are much deeper — deeper than gasoline lines or energy shortages, deeper even than inflation and recession. ... All the legislation in the world can’t fix what’s wrong with America. ... It is a crisis of confidence. — So-called “malaise” speech, July 1979. But we know that democracy is always an unfinished creation. Each generation must renew its foundations. Each generation must rediscover the meaning of this hallowed vision in the light of its own modern challenges. For this generation, ours, life is nuclear survival; liberty is human rights; the pursuit of happiness is a planet whose resources are devoted to the physical and spiritual nourishment of its inhabitants. — Farewell Address, January 1981. We appreciate the past. We are grateful for the present and we’re looking forward to the future with great anticipation and commitment. — October 1986, at the dedication of the Carter Presidential Library and Museum. War may sometimes be a necessary evil. But no matter how necessary, it is always an evil, never a good. We will not learn to live together in peace by killing each other’s children. — December 2002, Nobel Peace Prize acceptance speech. Fundamentalists have become increasingly influential in both religion and government, and have managed to change the nuances and subtleties of historic debate into black-and-white rigidities and the personal derogation of those who dare to disagree. ... The influence of these various trends poses a threat to many of our nation’s historic customs and moral commitments, both in government and in houses of worship. — From 2005 book “Our Endangered Values.” I think that this breakthrough by Barack Obama has been remarkable. When he made his speech (on race) a few months ago in Philadelphia, I wept. I sat in front of the television and cried, because I saw that as the most enlightening and transforming analysis of racism and a potential end of it that I ever saw in my life. — August 2008, commenting on then-Sen. Barack Obama’s candidacy. I think it’s based on racism. There is an inherent feeling among many in this country that an African-American should not be president. ... No matter who he is or how much we disagree with his policies, the president should be treated with respect. — September 2009, reacting to Rep. Joe Wilson’s shout of “You lie!” during a speech to Congress by President Barack Obama. I’m still determined to outlive the last guinea worm. — 2010, on The Carter Center’s work to eradicate guinea worm disease. You know how much I raised to run against Gerald Ford? Zero. You know how much I raised to run against Ronald Reagan? Zero. You know how much will be raised this year by all presidential, Senate and House campaigns? $6 billion. That’s 6,000 millions. — September 2012, reacting to the 2010 “Citizens United” U.S. Supreme Court decision permitting unlimited third-party political spending. I have become convinced that the most serious and unaddressed worldwide challenge is the deprivation and abuse of women and girls, largely caused by a false interpretation of carefully selected religious texts and a growing tolerance of violence and warfare, unfortunately following the example set during my lifetime by the United States. — From 2014 book “A Call to Action.” I don’t think there’s any doubt now that the NSA or other agencies monitor or record almost every telephone call made in the United States, including cellphones, and I presume email as well. We’ve gone a long way down the road of violating Americans’ basic civil rights, as far as privacy is concerned. — March 2014, commenting on U.S. intelligence monitoring after the Sept. 11, 2001, terror attacks We accept self-congratulations about the wonderful 50th anniversary – which is wonderful – but we feel like Lyndon Johnson did it and we don’t have to do anything anymore. — April 2014, commenting on racial inequality during a celebration of the Civil Rights Act’s 40th anniversary. I had a very challenging question at Emory (University) the other night: “How would you describe the United States of America today in one word?” And I didn’t know what to say for a few moments, but I finally said, “Searching.” I think the country in which we live is still searching for what it ought to be, and what it can be, and I’m not sure we’re making much progress right at this moment. — October 2014 during a celebration of his 90th birthday. The life we have now is the best of all. We have an expanding and harmonious family, a rich life in our church and the Plains community, and a diversity of projects at The Carter Center that is adventurous and exciting. Rosalynn and I have visited more than 145 countries, and both of us are as active as we have ever been. We are blessed with good health and look to the future with eagerness and confidence, but are prepared for inevitable adversity when it comes. — From 2015 book, “A Full Life.”
President-elect Donald Trump's repeated support for TikTok has sparked speculation about potential solutions to prevent the app's impending ban in the United States, though the path forward remains unclear. "We got to keep this sucker around for a little while," Trump told supporters on Sunday, just days after meeting with TikTok CEO Shou Zi Chew in Florida. Trump, who credits the wildly popular platform with delivering him a large young user base, opposes banning TikTok partly because he believes it would primarily benefit Meta, the Mark Zuckerberg-led company behind Instagram and Facebook. The situation is complex, according to University of Richmond School of Law professor Carl Tobias, given the various potential solutions and Trump's unpredictable nature. Congress overwhelmingly passed legislation, signed by President Joe Biden in April, that would block TikTok from US app stores and web hosting services unless Beijing-based ByteDance sells its stake by January 19. US officials and lawmakers grew wary of the potential for the Chinese government to influence ByteDance or access the data of TikTok's American users. Even with Trump's decisive election victory and incoming Republican-led Congress, acquiescing to the president-elect's desire and preventing the ban faces significant hurdles. The law enjoyed rare bipartisan support in a divided Washington, making its outright repeal through a vote in Congress politically unlikely even with Trump's influence over Republicans. The Supreme Court may offer the clearest path forward. TikTok has appealed to the nation's highest court, arguing the law violates First Amendment rights to free speech. The court, which is dominated by Trump-aligned conservatives, will hear the case on January 10, just nine days before the ban takes effect. This follows a lower appeals court's unanimous decision to uphold the law in December. Another possibility, according to Tobias, is that a Trump-led Department of Justice could determine ByteDance has addressed the law's national security concerns. However, such a move would likely be seen as caving to China by Congress and others. The final option is ByteDance selling to a non-Chinese buyer, though the company has consistently refused this possibility. With 170 million monthly active users, acquiring TikTok's US operations would require substantial resources. As president, Trump could extend the ban deadline by 90 days to facilitate a transaction. Few potential buyers have emerged, with major tech companies likely deterred by antitrust concerns. Former Trump Treasury secretary Steve Mnuchin, who runs a private equity fund backed by Japan's SoftBank Group and Abu Dhabi's Mubadala sovereign wealth fund, has expressed interest. During a recent event with Trump, SoftBank CEO Masayoshi Son pledged to invest $100 billion in the US economy, though specific investments weren't detailed. Other contenders include US real estate billionaire Frank McCourt, who aims to make social media safer through his Project Liberty organization. Elon Musk, given his proximity to Trump and ownership of X, could also have a role to play, as he has expressed plans to transform the text-focused platform into something more like TikTok. A senior Republican lawmaker recently suggested Trump might orchestrate a "deal of the century" satisfying both US concerns and ByteDance's interests. The chairman of the US House committee on China, John Moolenaar, told Fox News Digital that once ByteDance accepts it must comply with US law, the situation could progress rapidly. Any agreement would need Beijing's approval, with US-China relations expected to remain tense during Trump's upcoming term. This isn't the first attempt to resolve TikTok's US status. In 2020, Trump also threatened a ban unless ByteDance sold its US operations. While Oracle and Walmart reached a preliminary agreement with ByteDance for ownership stakes, legal challenges and the transition to the Biden administration prevented the deal's completion. arp/mlmThe Mariners need to upset another unbeaten team if they hope to claim the sixth section title in school history and advance to a CIF NorCal bowl game.NETGEAR stock soars to 52-week high, hits $25.07
Unless otherwise specified, all sizes in this post are listed in women's. 1. A set of cami bras for those days when you're lounging around the house but still want to keep the girls supported. Promising review: "Loved the five colors, very VERY comfortable and worth the price. The material is very soft, feels like you have nothing on. I HIGHLY RECOMMEND this product." — Amazon Customer Price: $25.99+ for a set of four (available in sizes S–3XL and in six color sets) If you like these, check out our picks for the best tank tops with built-in bras ! 2. A Maidenform convertible push-up bra that goes from strapless to secured in seconds. You'll get a lil' extra boost thanks to the push-up design and the monochrome colors make it the perfect pick under any outfit. Promising review: "Bought this to wear as a strapless to a wedding. I didn’t have to constantly pull it up, which has always been why I stay away from strapless. It was tight, and I did receive a size bigger than I ordered, so keep that in mind. Glad it was tight though!" — Kara Price: $17.76+ (available in sizes 34C–40DD and in two designs) 3. A seamless medium-low support workout bra so you can stay supported while still looking super cute. I honestly wouldn't blame you if you wore this cutie sans anything over the top of it (aka, as a shirt). Promising review: "I'm a 32DDD and it's so hard finding good sports bras. The cups add nice shape so I don't get an underboob look and it's so cute from the back!" — H Price: $19.99+ (available in sizes XS–XL and in 14 colors and designs) You can also find this bra at #1 in our list of chic sports bras ! 4. A wire-free and bulge-free bra because bra bulge is the one thing that no one needs in their lives. Yes, it's a relief when you take off your bra at the end of the day, but what makes it even better is not having any indents on your skin. Promising review: "The product is exactly what was needed. It is soft and supportive. It doesn’t hide your shape and is not too tight. Soft material and Excellent fit." – Anna Price: $16.94 (available in sizes S–XXL and in four colors) 5. A padded push-up bra to add an entire cup size in an instant. Seem too good to be true? Just take a look at the almost 10,000 5-star ratings. Promising review: "For all my natural big-breasted sisters...get this bra!! This is by far one of the best bras I have ever owned. This bra is super comfortable and attractive. I totally recommend. Can't beat it for the price." — Amazon Customer Price: $29.99+ (available in sizes 32A–40DDD and in 16 colors) 6. A Hanes ComfortFlex foam bra so light and comfortable that you'll probably think, "did I remember to put a bra on today?" Promising review: "I hate bras. I find almost all of them TOTALLY uncomfortable no matter what...UNTIL NOW!!!!!!! THIS BRA IS THE BEST!!!! It's so comfy and I never have to adjust it because it's bothering me. Just enough padding that you don't see nipple bumps in a T-shirt. Sometimes I even continue to wear it after I get home from work, unlike others I would NEED to take off immediately the second I could. I will forget I'm wearing this!!! Highly recommend!!!" — Brandy Lunn Price: $12.99 (available in sizes S–3XL and in six colors) 7. A lace halter bralette , because nothing is fancier than a lacy bralette. This bb will look amazing with your shirt draped off your shoulder — why wouldn't you want to show it off? Promising review: "There’s a reason why this bra is is popular: it’s really cute and super comfortable. It doesn’t have any padding or much support but still held me well. " — Candy Price: $12.59+ (available in sizes S–XL and in eight colors) 8. A half-cup mesh bra to make you feel *so* good. This is the ideal bra to wear under your fancier clothes, but it's also comfy enough for every day. Promising review: "I am picky with bras and this really surprised me. It fits so well and makes the girls look amazing. I bought it in more colors. It runs true to size." — Kindle Customer Price: $25.99+ (available in sizes 32A–38DD and in 12 colors) 9. A padded bra top so you can wear your underwear as outerwear. Reviewers love this 2-in-1 so much, many say they often sleep in it. Promising review: "This got delivered less than 10 minutes ago and I’ve already purchased two more colors. This sports bra is so comfy and the perfect crop length for biker shorts or leggings. The material is high quality and super soft. I am a 34D wearing a medium and it’s the perfect amount of support for training. Might want something tighter or go down a size if you're a runner and don’t want anything to move. You need this in your closet!!" — Alyssa Price: $21.99 (available in sizes S–XXL and in 27 colors and styles) 10. A secure Glamorise front-closure bra , because who has time to contort themselves for 20 minutes each morning until they *finally* hook the back clasp? This game-changing bra also has an underwire that cradles your bust so the wire never touches your body. FYI, it is included in Prime Wardrobe so you can give it a trial run if you're a member! Promising review: "I hate ordering bras online because I never know what size to order. I took a risk, thinking that I would just return it if it didn’t work. But this one did!! She holds the (big) girls in so well! There’s also that lift and separate action that I love so much! I highly recommend this very comfortable and beautiful bra!" — BSong Price: $47.20 (available in sizes 34B–50H and in 11 colors) 11. A vintage-inspired balconette underwire bra that'll be perfectly paired with your ever-growing collection of retro dresses (or by itself under a blazer 😉). Promising review: "Size 34FF fits great, although typically I wear a 34DDD in American sizes. I have narrow shoulders and a narrow back. Finally, not a minimizer, but a great-looking bra to make my beauty shine. It has just enough padding to be appropriate to wear with a T-shirt, not over-padded. Absolutely recommend this bra to those of us who are well-endowed!" – Lydia32 Price: $39+ (available in sizes 30D–44GG and in 12 colors) 12. An ultra-light smoothing bra because your bra showing through your top is not always the vibe. (Unless it is, you do you!) For around 20 bucks, you can't go wrong. Promising review: "I'm so glad I purchased this bra. It’s hard finding my size bra (34DD) in stores. It seems as if it’s nonexistent. I don’t feel like paying double the price at VS for my bra size (just to get a DD bra you have to pay $10 more...there isn’t $10 more worth of fabric so I don’t see the justification). The bra is very comfortable, buttery soft, and no boob spillage. Definitely would buy again. Just wish there were more color options." – MillB Price: $22.66+ (available in band sizes 34–42, cup sizes B–DD, and 12 colors) 13. A lightly padded satin bra with over 4K 5-star reviews and a comfortable, gorgeous design. FYI, bra is included in Prime Wardrobe so you can give it a trial run if you're a member! Price: $53.99+ (available in sizes 34D–44DD and in 14 colors) 14. A darling Natori plunge contour bra that magically molds to your shape to give you the best fit yet. Promising review: "I now own this bra in three colors; it's that amazing. This bra looks and feels incredible; you scarcely feel it at all when it's on. It's invisible under nearly all clothing, as the lace at the top lies flat; to me, this is very important, as I hate seeing the tops of bra cups poking through the fabric of your shirt! Not a problem here. I wear this bra daily with confidence, and I can't recommend it highly enough." — Amanda H. Smith Get it from Amazon for $46.80+ (available in band sizes 30–38, cup sizes A–G, and dozens of colors). 15. An unlined Calvin Klein bra ~sheer~ to be your new favorite. It's super soft, comfortable, and will bring some designer goodness to your underwear drawer. Promising review: "Exactly what I was looking for. I did not want any thick material, just the shaping from the underwire and a more natural feel and look beyond that. These bras have only sheer mesh material in the cup, and I love it. Super comfortable, make me feel like I look great. I ended up buying four more for this to be my go-to everyday bra. If you don’t want thick layers of fabric this bra is for you. Note on colors: 'nymph's thigh' is really closer to very light pink, and 'nude' is a darker tan. I only wish there was a white option for wearing under white layers. Other than that, this bra is a great, simple (and also sexy) product. If you are looking for thick padding, then this will not be what you want. The fit was perfect to my expectations (based off of my measurements)." — E N Allen Price: $9.45+ (available in band sizes 30–38, cup sizes A–DD, and in seven colors). 16. A Lilyette by Bali minimizer bra for compressing the girls and making them look smaller while still giving you a beautiful silhouette and a ton of support. This bra can reduce your bust projection up to 1.5 inches! Promising review: "Why did no one tell me the wonders of minimizing bras?!? But all is forgiven now that my 38DD otherwise unwieldy breasts are now properly contained! All my life, I've worn 'regular' bras, and all my life, they've wiggled, jiggled, pooched over the cups, and I've hated them. But now, I might be OK with a larger chest! This bra is phenomenal. I'm DD, sometimes DDD, and wearing regular bras correctly sized was horrible. Professional fittings, those $70 bras I'd still look jiggly in, and I'd still end up with boobage up out of the cup. Looked ridiculous. This bra nicely does whatever it does to push your breasts down enough that they don't pop out. But you don't look like you have smashed breasts or a uni-boob! They stay nicely separated; I've worn it several times and not once had spillage over. I'm ordering two more, pleased as punch. FINALLY, after over 25 years of bra wearing, found what I didn't know I was missing! I hope someone else is able to have the joy of nicely contained boobs!" — 3LittleFish Price: $21.99+ (available in band sizes 34–42, cup sizes C–DDD, and in eight colors). For more bust-reducing styles, take a look at our picks for the best minimizer bras . 17. A buttery soft wireless comfort bra that will become your new everyday go-to. Bras that feel like you're not wearing one? Sign me up. Promising review: "Absolutely love this bra! It's incredibly comfortable and offers great support without feeling restrictive. The fabric is soft and breathable, making it perfect for all-day wear. It fits true to size and provides a flattering shape. I’m so happy I found this, it’s now my go-to! Highly recommend!! Truly sooo Comfortable." — Gisele Marson Price: $16.99+ (available in band sizes 32–40, cup sizes A–D, and in 21 colors) 18. A floral lace bralette for a classically chic look that will enhance any outfit thanks to its incredible support and darling design. Promising review: "Love this bra! Sexy and comfortable. I ordered it in black but ordering other colors. My boyfriend loves this on me." — Rocio Andrade Price: $28.99+ (available in band sizes 32–44, cup sizes B–G, and in five colors) 19. An unlined lace bra that will keep everything right where you want it to be, but with ~elegance.~ Promising review: "To preface this, I NEVER go out of my way to leave reviews for things, but have to say this is one of the best bras I’ve ever put on my body! Being plus size, I’ve found that it’s always been hard to find something comfortable and cute for my size and I felt so much relief after putting this on. Finally a bra that lifts and supports the way it should and makes me feel confident. I’ll definitely be ordering more!! Not to mention it has a super thick strap and connector on the back that leaves that whole area looking seamless. No back fat spilling over whatsoever. 1000/10 recommend." — jessica Price: $24.99+ (available in band sizes 34–46, cup sizes C–I and in 14 colors) 20. A crisscross sports bra for jogging, dancing, boxing, or in the words of Rebel Wilson in Pitch Perfect , horizontal running (aka laying on your couch and binge-watching your latest Netflix obsession). Promising review: "I own a hundred sports bras and this one’s my favorite. Firstly, it is very easy to put on and remove and it looks really nice when paired with a pair of black leggings. They come padded, and I found them to provide good support during high-intensity exercises as well. The blue shade also looks very elegant. Overall great product." — AA Price: $12.99 (available in sizes S–3XL and in six colors) 21. A high-impact sports bra designed with strenuous activity in mind. It's made from a comfy four-way stretch, moisture-wicking fabric so you can stay supported and dry no matter what you're doing. Promising review: "Oh my, where to start!? It is very well made and comfortable to wear! I love that the padding is sewn in place, so you don’t have to worry about removing them or worse trying to get them back in place! It offers great support for running, but is cool and comfortable enough to just wear when you don’t feel like wearing a regular bra. This bra stays in place and holds *everything* in place as you run, exercise etc. and all at a great price. I highly recommend trying this sports bra!" — Tamara Price: $22.99+ (available in sizes S–3XL and in 38 colors) 22. A full coverage bra that will give the twins the *ultimate lift* without an underwire. Promising review: " I have been buying this same style of bra since the 1990s and have never found a rival for attractiveness, coverage, comfort, and good fit. These bras also last for years and years when laundered in a bag on gentle cycle and hung dry. I added this bra to have another color in my collection and anticipate many years of good fit. Playtex 18 Hour bras are genuinely so comfortable you can wear them all day and night, if need be." — Susan L. Price: $12.99+ (available in band sizes 34–54, cup sizes B–G, 19 colors, and various sets of two) 23. A super sexy sheer bra for feeling like your best self. Best worn while listening to Taylor Swift's Vigilante Sh*t . Promising review: "Great quality. See-through material makes it very sexy. Comfortable." — Robin C Meade Price: $19.99+ (available in band sizes 34–44, cup sizes B–F, and in seven colors) 24. A Bali Breathe T-Shirt bra that holds the girls in place well enough for everyday wear but adds a sultry edge with a lace finish. I own a couple of these bras, and when I tell you they are my favorite bras EVER! I'm a DD cup, and they are so incredibly comfortable and supportive. Thanks to the lacey material, they also make me feel so good. Plus, they're WIRELESS!!! Promising review: "This bra has a beautiful style, a great fit with a very accurate sizing chart, and is very comfortable. I am buying another in a different color." — fbk Price: $25.99 (available in sizes S–3XL and in six colors) 25. A wire-free and seamless scallop-detail bra to add a fun and playful pop to your underwear drawer. Promising review: "As a petite woman with a larger bust, well-fitted and comfortable bras are hard to come by. This one is so comfortable and cute and I really like the way the clasps are sort of magnetic. It makes it easier to find the right hook while uncomfortably reaching your arms completely behind your back, lol." — Amber Way Price: $26.99+ (available in sizes S–3XL and in 11 colors) 26. A longline bralette for those who are partial to a sexy lace number but don't want to compromise on comfort. Reviewers with *bustier* chests are fans, so know you don't have to settle for something drab just because you're a D+. Promising review: "The fit and support of this bralette for larger busts is so good! Fits true to size per the size chart and has great coverage. Will be getting other colors!" — Nat Price: $10.48+ (available in sizes S–XXL, 11 colors, and in two-packs and three-packs) Reviews have been edited for length and/or clarity.
BIG TEN THIS WEEK
Capitol rioter who tried to join Russian army is sentenced to prison for probation violationThe Bank of Scotland’s business barometer poll showed 73% of Scottish businesses expect to see turnover increase in 2025, up from 60% polled in 2023. Almost a quarter (23%) of businesses expect to see their revenue rise by between six and 10% over the next 12 months, with just over a fifth (21%) expecting it to grow by even more. The poll found that 70% of businesses were confident they would become more profitable in 2025, a two per cent increase when compared with the previous year. Revenue and profitability growth was firms’ top priority at 52%, though 40% said they will be targeting improved productivity, and the same proportion said they will be aiming to enhance their technology – such as automation or AI – or upskill their staff (both 29%). More than one in five (22%) want to improve their environmental sustainability. Other areas businesses are hoping to build upon AI-assisted technology (19%), and 24% will be investing in expanding into new UK markets and 23% plan to invest in staff training. The business barometer has surveyed 1,200 businesses every month since 2002, providing early signals about UK economic trends. Martyn Kendrick, Scotland director at Bank of Scotland commercial banking, said: “Scottish businesses are looking ahead to 2025 with stronger growth expectations, and setting out clear plans to drive this expansion through investments in new technology, new markets and their own teams. “As we enter the new year, we’ll continue to by their side to help them pursue their ambitions and seize all opportunities that lie ahead.”Trump wants to turn the clock on daylight saving time
Saudi Arabia makes foray into cricket with IPL auctionA Handful Of Big Tech Companies Surged By $8 Trillion In Market Value Since ChatGPT's Launch – Marking A New EraAnge Postecoglou fights on as Tottenham return to scene of Antonio Conte rant
Stocks to Watch on December 30: Reliance Infrastructure, JSW Energy, IOL Chemicals and more
Rogers Provides Update on Its Acquisition of Bell’s 37.5% Stake in MLSENone
Some quotations from Jimmy Carter: We have a tendency to exalt ourselves and to dwell on the weaknesses and mistakes of others. I have come to realize that in every person there is something fine and pure and noble, along with a desire for self-fulfillment. Political and religious leaders must attempt to provide a society within which these human attributes can be nurtured and enhanced. — from 1975 book “Why Not the Best?” Our government can express the highest common ideals of human beings — if we demand of government true standards of excellence. At this Bicentennial time of introspection and concern, we must demand such standards. — “Why Not the Best?” I am a Southerner and an American, I am a farmer, an engineer, a father and husband, a Christian, a politician and former governor, a planner, a businessman, a nuclear physicist, a naval officer, a canoeist, and among other things a lover of Bob Dylan’s songs and Dylan Thomas’s poetry. — “Why Not the Best?” Christ said, “I tell you that anyone who looks on a woman with lust has in his heart already committed adultery.” I’ve looked on a lot of women with lust. I’ve committed adultery in my heart many times. This is something that God recognizes I will do — and I have done it — and God forgives me for it. But that doesn’t mean that I condemn someone who not only looks on a woman with lust but who leaves his wife and shacks up with somebody out of wedlock. — Interview, November 1976 Playboy. This inauguration ceremony marks a new beginning, a new dedication within our Government, and a new spirit among us all. A President may sense and proclaim that new spirit, but only a people can provide it. — Inaugural address, January 1977. It’s clear that the true problems of our nation are much deeper — deeper than gasoline lines or energy shortages, deeper even than inflation and recession. ... All the legislation in the world can’t fix what’s wrong with America. ... It is a crisis of confidence. — So-called “malaise” speech, July 1979. But we know that democracy is always an unfinished creation. Each generation must renew its foundations. Each generation must rediscover the meaning of this hallowed vision in the light of its own modern challenges. For this generation, ours, life is nuclear survival; liberty is human rights; the pursuit of happiness is a planet whose resources are devoted to the physical and spiritual nourishment of its inhabitants. — Farewell Address, January 1981. We appreciate the past. We are grateful for the present and we’re looking forward to the future with great anticipation and commitment. — October 1986, at the dedication of the Carter Presidential Library and Museum. War may sometimes be a necessary evil. But no matter how necessary, it is always an evil, never a good. We will not learn to live together in peace by killing each other’s children. — December 2002, Nobel Peace Prize acceptance speech. Fundamentalists have become increasingly influential in both religion and government, and have managed to change the nuances and subtleties of historic debate into black-and-white rigidities and the personal derogation of those who dare to disagree. ... The influence of these various trends poses a threat to many of our nation’s historic customs and moral commitments, both in government and in houses of worship. — From 2005 book “Our Endangered Values.” I think that this breakthrough by Barack Obama has been remarkable. When he made his speech (on race) a few months ago in Philadelphia, I wept. I sat in front of the television and cried, because I saw that as the most enlightening and transforming analysis of racism and a potential end of it that I ever saw in my life. — August 2008, commenting on then-Sen. Barack Obama’s candidacy. I think it’s based on racism. There is an inherent feeling among many in this country that an African-American should not be president. ... No matter who he is or how much we disagree with his policies, the president should be treated with respect. — September 2009, reacting to Rep. Joe Wilson’s shout of “You lie!” during a speech to Congress by President Barack Obama. I’m still determined to outlive the last guinea worm. — 2010, on The Carter Center’s work to eradicate guinea worm disease. You know how much I raised to run against Gerald Ford? Zero. You know how much I raised to run against Ronald Reagan? Zero. You know how much will be raised this year by all presidential, Senate and House campaigns? $6 billion. That’s 6,000 millions. — September 2012, reacting to the 2010 “Citizens United” U.S. Supreme Court decision permitting unlimited third-party political spending. I have become convinced that the most serious and unaddressed worldwide challenge is the deprivation and abuse of women and girls, largely caused by a false interpretation of carefully selected religious texts and a growing tolerance of violence and warfare, unfortunately following the example set during my lifetime by the United States. — From 2014 book “A Call to Action.” I don’t think there’s any doubt now that the NSA or other agencies monitor or record almost every telephone call made in the United States, including cellphones, and I presume email as well. We’ve gone a long way down the road of violating Americans’ basic civil rights, as far as privacy is concerned. — March 2014, commenting on U.S. intelligence monitoring after the Sept. 11, 2001, terror attacks We accept self-congratulations about the wonderful 50th anniversary – which is wonderful – but we feel like Lyndon Johnson did it and we don’t have to do anything anymore. — April 2014, commenting on racial inequality during a celebration of the Civil Rights Act’s 40th anniversary. I had a very challenging question at Emory (University) the other night: “How would you describe the United States of America today in one word?” And I didn’t know what to say for a few moments, but I finally said, “Searching.” I think the country in which we live is still searching for what it ought to be, and what it can be, and I’m not sure we’re making much progress right at this moment. — October 2014 during a celebration of his 90th birthday. The life we have now is the best of all. We have an expanding and harmonious family, a rich life in our church and the Plains community, and a diversity of projects at The Carter Center that is adventurous and exciting. Rosalynn and I have visited more than 145 countries, and both of us are as active as we have ever been. We are blessed with good health and look to the future with eagerness and confidence, but are prepared for inevitable adversity when it comes. — From 2015 book, “A Full Life.”
Brian Blank is a finance scholar and Fed watcher who researches how companies navigate downturns and make financial decisions, as well as how markets process information. Brandy Hadley is a finance professor who leads a student-managed investment fund and studies corporate decision-makingand incentives. Together, they're also the resident economic oracles at The Conversation U.S., and their forecast for 2024 held up notably well. Here, they explain what to expect from 2025. New year, new questions Heading into 2024, we said the U.S. economy would likely continue growing, in spite of pundits' forecast that a recession would strike. The past year showcased strong economic growth, moderating inflation, and efficiency gains, leading most economists and the financial press to stop expecting a downturn. But what economists call "soft landings" – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren't. As we turn to 2025, we're optimistic the economy will keep growing. But that's not without some caveats. Here are the key questions and risks we're watching as the U.S. rings in the new year. The Federal Reserve and interest rates Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve's hawkish interest-rate decisions. The Fed raised rates rapidly in 2022 and held them high throughout 2023 and much of 2024. But in the last four months of 2024, the Fed slashed rates three times – most recently on Dec. 18. While the recent rate cuts mark a strategic shift, the paceof futurecuts is expected to slow in 2024, as Fed Chair Jerome Powell suggested at the December meeting of the Federal Open Market Committee. Markets have expected this change of pace for some time, but some economists remain concerned about heightened risks of an economic slowdown. When Fed policymakers set short-term interest rates, they consider whether inflation and unemployment are too high or low, which affects whether they should stimulate the economy or pump the brakes. The interest rate that neither stimulates nor restricts economic activity, often referred to as R* or the neutral rate, is unknown, which makes the Fed's job challenging. However, the terminal rate – which is where Fed policymakers expect rates will settle in for the long run – is now at 3%, which is the highest since 2016. This has led futures markets to wonder if a hiking cycle may be coming into focus, while others ask if the era of low rates is over. Inflation and economic uncertainty This shift in the Federal Reserve's approach underscores a key uncertainty for 2025: While some economists are concerned the recent uptick in unemployment may continue, others worry about sticky inflation. The Fed's challenge will be striking the right balance — continuing to support economic activity while ensuring inflation, currently hovering around 2.4%, doesn't reignite. We do anticipate that interest rates will stay elevated amid slowing inflation, which remains above the Fed's 2% target rate. Still, we're optimistic this high-rate environment won't weigh too heavily on consumers and the economy. While gross domestic product growth for the third quarter was revised up to 3.1% and the fourth quarter is projected to grow similarly quickly, in 2025 it could finally show signs of slowing from its recent pace. However, we expect it to continue to exceed consensus forecasts of 2.2% and longer-run expectations of 2%. Fiscal policy, tariffs and tax cuts: risks or tailwinds? While inflation has declinedfrom 9.1% in June 2022 to less than 3%, the Federal Reserve's 2% target remains elusive. Amid this backdrop, several new risks loom on the horizon. Key among them are potential tariff increases, which could disrupt trade, push up the prices of goods and even strengthen the U.S. dollar. The average effective U.S. tariff rate is 2%, but even a fivefold increase to 10% could escalate trade tensions, create economic challenges and complicate inflation forecasts. Consider that, historically, every 1% increase in tariff rates has resulted in a 0.1% higher annual inflation rate, on average. Still, we hope tariffs serve as more of a negotiating tactic for the incoming administration than an actual policy proposal. Tariffs are just one of several proposals from the incoming Trump administration that present further uncertainty. Stricter immigration policies could create labor shortages and increase prices, while government spending cuts could weigh down economic growth. Tax cuts – a likely policy focus – may offset some risk and spur growth, especially if coupled with productivity-enhancing investments. However, tax cuts may also result in a growing budget deficit, which is another risk to the longer-term economic outlook. Count us as two financial economists hoping only certain inflation measuresfall slower than expected, and everyone's expectations for future inflation remain low. If so, the Federal Reserve should be able to look beyond short-term changes in inflation and focus on metrics that are more useful for predicting long-term inflation. Consumer behavior and the job market Labor markets have softened but remain resilient. Hiring rates are normalizing, while layoffs and unemployment – 4.2%, up from 3.7% at the start of 2024 – remain low despite edging up. The U.S. economy could remain resilient into 2025, with continued growth in real incomes bolstering purchasing power. This income growth has supported consumer sentiment and reduced inequality, since low-income households have seen the greatest benefits. However, elevated debt balances, given increased consumer spending, suggest some Americans are under financial stress even though income growth has outpaced increases in consumer debt. While a higher unemployment rate is a concern, this risk to date appears limited, potentially due to labor hoarding – which is when employers are afraid to let go of employees they no longer require due to the difficulty in hiring new workers. Higher unemployment is also an issue the Fed has the tools to address – if it must. This leaves us cautiously optimistic that resilient consumers will continue to retain jobs, supporting their growing purchasing power. Equities and financial markets The outlook for 2025 remains promising, with continued economic growth driven by resilient consumer spending, steadying labor markets, and less restrictive monetary policy. Yet current price targets for stocks are at historic highs for a post-rally period, which is surprising and may offer reasons for caution. Higher-for-longer interest rates could put pressure on corporate debt levels and rate-sensitive sectors, such as housing and utilities. Corporate earnings, however, remain strong, buoyed by cost savings and productivity gains. Stock performance may be subdued, but underperforming or discounted stocks could rebound, presenting opportunities for gains in 2025. Artificial intelligence provides a bright spot, leading to recent outperformance in the tech-heavy NASDAQ and related investments. And onshoring continues to provide growth opportunities for companies reshaping supply chains to meet domestic demand. To be fair, uncertainty persists, and economists know forecasting is for the weather. That's why investors should alwaysremain well-diversified. But with inflation closer to the Fed's target and wages rising faster than inflation, we're optimistic that continued economic growth will pave the way for a financially positive year ahead. Here's hoping we get even more right about 2025 than we did this past year. (The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
NoneWall Street's holiday cheer ended abruptly on Friday, with all three main benchmarks closing lower in a broad-based sell-off affecting even tech and growth stocks that had driven markets higher through much of the shortened trading week. The decline ended the Dow Jones Industrial Average's five-session winning streak that had followed a 10-session decline, its worst losing stretch since 1974. According to preliminary data, the S&P 500 lost 65.34 points, or 1.08 per cent, to end at 5,972.25 points, while the Nasdaq Composite lost 294.69 points, or 1.47 per cent, to 19,725.67. The Dow Jones Industrial Average fell 321.73 points, or 0.74 per cent, to 42,992.58. "Today feels like there is quite a bit of profit-taking across the board," said Michael Reynolds, vice president of investment strategy at Glenmede. "We are more than two years into a pretty strong bull market ... so it's really not surprising to see some people taking their profits and rebalancing their portfolios ahead of the new year." The sell-off thwarted the seasonal Santa Claus rally, in which stocks traditionally rise during the last five sessions of December and the first two of January. Since 1969, the S&P 500 has climbed 1.3 per cent on average, according to the Stock Trader's Almanac. Thursday's session hinted at momentum stalling, with both the S&P 500 and Nasdaq posting marginal losses to end multi-session winning runs. Rising US Treasury yields had been catching investors' attention, with the benchmark 10-year note hitting a more than seven-month high in the previous session. The yield hovered close to that mark on Friday, at 4.62 per cent. Higher yields are seen as hampering growth stocks, as they raise borrowing costs for business expansion. These stocks, especially the so-called Magnificent Seven technology megacaps which had been key drivers of the market's 2024 rally, were also caught up in Friday's sell-off. For the second successive day, Tesla led decliners among the group. "We have a higher cost of capital whenever rates go up like this, and they have gone up pretty significantly over the last month or so," said Glenmede's Reynolds. "Investors may just be reassessing the bets they are taking when the cost of capital is higher, perhaps looking at some of the valuations on the Mag 7 and wondering whether they can find better value elsewhere." Most of the 11 major S&P sectors fell. The worst performers on Friday were the three indexes which have been 2024's leading lights: consumer discretionary, information technology and communication services. Despite Friday's travails, all three indexes recorded weekly gains. News events helped some stocks to buck the market sell-off. Amedisys gained after the home health service provider and insurer UnitedHealth extended the deadline to close their $US3.3 billion ($A5.3 billion) merger. Lamb Weston climbed after a filing showed activist investor Jana Partners is working with a sixth executive to push for changes at the French fry maker, a move which could result in a majority of the company's board being replaced. Trading volumes in this holiday-shortened week have been below the average of the last six months and are likely to remain subdued until January 6. The next major focus for markets will be the December employment report due on January 10.