"Democracy doesn't require a whole lot of work of its citizens, but it requires some: It requires taking a good look outside once in a while, and considering the bad news and what it might mean, and making the occasional tough choice, and soberly taking stock of what your real interests are."

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The government's view is that the best time to announce bad news, news that it doesn't want the public to dwell on is late on a Friday, when it will wind up in the Saturday papers, which if you were readers, then the week day editions. A holiday weekend is even better.

— Bob Schieffer