Word: act
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...Deferral of responsibility. Our power grid needs an upgrade and our bridges are falling down because we have not mustered the political and popular willpower to fix them. New Orleans drowned because authorities failed to act before Katrina busted the inadequate levees. (See pictures of a New Orleans neighborhood...
...things happened this decade, from the stunning rise of China to Apple's dazzling array of new products to the feats of sprinter Usain Bolt to our nation rallying (at least temporarily) around its first African-American President. But all that seems more like counterpoint rather than the main act. (See pictures of Barack Obama's nation of hope...
Historian H.W. Brands of the University of Texas points to the demise of the Glass-Steagall Act in 1999 as an unfortunate tipping point of deregulation. Glass-Steagall, passed in 1933, separated investment banking and plain-vanilla banking, which some experts argued made markets safer. (Certain restrictions of Glass-Steagall were repealed to allow the merger of Citicorp and Travelers. Let's just say that didn't end well.) "That was the single moment when the seeds for the bad stuff were planted," says Brands. "There was a belief that technology, the Internet and financial instruments had changed things...
...what about the Hurricane Katrina debacle? An act of God, right? Not really. When the storm raced toward New Orleans in late August 2005, scientists at the National Oceanic and Atmospheric Administration feared the worst. For years they had been warning the Army Corps of Engineers, which oversaw the city's 350 miles of levees, that its system was inadequate. The scientists wanted the Corps to revise the Standard Project Hurricane, a model that determines how extensive the levees should be. For instance, the Corps did not consider the tendency of soil to sink over time, and it excluded...
...right-wing Hindu politicians had for years sought to exploit sectarian passions by promising to build a temple honoring Ram on the site of the mosque. On Dec. 6, 1992, amid the sounds of the ceremonial conch, a Hindu mob ravaged the mosque, reducing it to rubble. The act sparked Muslim outrage around the country, provoking several months of intercommunal rioting in which Hindus and Muslims attacked one another, burning and looting homes, shops and places of worship...