Word: alarmism
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...credibility problems are more about the messengers than the message. Paulson is not a political veteran, and he was asking for the authority to do things he's been insisting for months were unnecessary. "I cannot ignore that many of the people sounding the alarm are the same ones who recently said things were under control ... that stronger government oversight was unnecessary and counterproductive," Democratic Congressman Mark Udall, now a Senate candidate in Colorado, said after voting...
...crisis is brewing. In light of a several recent studies underscoring the importance of sleep for strong academic performance, a number of Massachusetts colleges have become alarmed to discover just how little their students are sleeping. The problem is endemic to many institutions—according to a 2007 study, nearly 40 percent of college students reported feeling rested no more than two nights a week. As a result, several nearby colleges including BU, MIT, Tufts, and Wellesley, have initiated sleep-awareness campaigns to enlighten students about the need for Z’s. With 24-hour libraries, time-consuming...
...John McCain was initially frantic and overheated and seemed as panicked as his advisers--who recognized their campaign could go down the economic drain. Obama was perhaps a tad cautious and reserved but stayed in sync with fellow Dems on Capitol Hill by letting the political benefits of nationwide alarm boost their case. Barring disaster, every aspect of the campaign will now be seen through the lens of the economy, an issue on which Obama and his party are more trusted by voters. Any hope the Republicans may have had of regaining many of the staggering 80% of voters...
...Sweden's case, he adds, the crisis eventually had silver lining. "It acted as an alarm about Swedish economic policy, which was expanding too much. There was too much focus on defending the currency. The tax system encouraged indebtedness and real estate speculation through cheap loans. The crisis exposed shortcomings, and we had to change tack...
...Since earlier this year, Cox has also come under fire for not acting more quickly to curb short sellers - investors who borrow shares and make money when a stock's price drops. After certain financial stocks started diving over the summer, and market players and attorneys began ringing alarm bells about rumor-mongering, the SEC temporarily banned a particularly aggressive form of short selling in 19 financial stocks. A new ban, which prohibits all types of short selling for some 800 financial stocks, went into effect on Sept. 19 and lasts until...