Word: approachement
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...description isn't wrong. The Obama plans would, if enacted, amount to the biggest changes in financial regulation since the 1930s. But don't let this make you think the Obama reforms even approach in significance and forcefulness the changes made back then. In the early days of the Roosevelt Administration, Congress set up the Securities and Exchange Commission and charged it with strictly regulating markets, split banks from investment banks with the Glass-Steagall Act, created the Federal Deposit Insurance Corp., and enacted all manner of other game-changing financial reforms. It's not just that the Obama reforms...
...There are some perfectly good reasons for this difference in approach: In the early 1930s, Congress was confronting a failed and mostly unregulated financial system. What we have now is a financial system that has been prevented from failing by government actions, and already has regulators swarming over many, but not all, of its parts...
...embark on its own trajectory toward the moon. The LCROSS will lag behind, spending four months in a sweeping orbit that will carry it around both Earth and the moon; throughout its flight, it will remain attached to its upper stage rocket, separating from it only during its final approach to the moon. The rocket stage will then speed ahead, aiming for a deliberate crash in one of several craters in the south lunar pole in which the LRO's sensors will have detected signs of water ice. The collision will send a debris plume as high as 6.2 miles...
...pictures of the Cleveland Clinic's approach to health care...
...presumption that most people would sign up for state-based private plans, which would be able to pool more effectively to keep down costs. It's the only plan that's been scored by the Congressional Budget Office as deficit neutral, and it lays out a more comprehensive approach. Senator Judd Gregg, the top Republican on the Budget Committee, also recently laid out a proposal that expands private health-insurance coverage; and Senator Mike Enzi, the top Republican on the Senate Health, Education, Labor and Pensions Committee, has said he too is working on legislation. Some of the bills aren...