Word: allowances
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This may not win you any popularity contests. "In most social and workplace environments, asking 'Why?' can seem rude," Sindell acknowledges. "Unfortunately, if we allow ourselves to be forever polite, we will never get into the habit of good thinking. We will get so used to accepting every inanity uttered near us that we will completely lose our critical faculties ... The word why is a wonderful dumb-conversation stopper." Your next brilliant brainchild may not survive Sindell's 11 steps to become viable, let alone profitable, but if his method truly does lead to fewer dumb conversations, let's hope...
...Another factor that will not allow home prices to recover is the reluctance of banks to lend money to anyone except people with sterling credit ratings. Those people are harder and harder to find during a recession when paying bills late may be the only way to pay them...
...relations and that Pelosi is smart to embrace it. Her approach follows the tack taken by Hillary Clinton in February during her first visit to China as U.S. Secretary of State. Clinton, who has also been critical of China's human-rights record, said she wasn't going to allow the issue to hamper cooperation on climate change and the global economic crisis...
...question of whether some assets are too important to allow China to buy puts the interests of Congress against the interests of shareholders. PetroChina is paying a 24% premium to buy its new stake in Singapore Petroleum. If a Chinese firm offered a similar premium to buy a US-based energy or refining operation, would Congress block the deal? If the 3Com transaction is any indication, potential shareholder profits would be trumped by a government decision that it does not want China to have control of assets that are part of the fabric of American economic and business interests...
...Still, many restrictions on cross-strait business remain. Taiwan banks, for example, can't operate on the mainland because the necessary agreements aren't in place to allow regulators from the two sides to cooperate, cutting off a key source of growth. Victor Kung, president of Fubon Financial Holding Co., says Taiwan's isolation from a burgeoning China has stunted the development of the entire economy. As costs at home have risen and the island's manufacturing has moved offshore, Taiwan has needed to foster new industries, especially in the service sector, to generate growth and jobs, but a lack...