Word: approachement
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Like what? One approach is to lay on a heavy cost of being big. Too-big-to-fail banks should have a capital cost that will make it a disadvantage to compete in the riskiest parts of the financial-services market. I also like President Obama's recent proposal, the so-called Volcker Rule, which would limit proprietary trading and investing. Combining these two regulatory changes ought to encourage big banks to figure out new business strategies, and that would involve selling off some of their riskier businesses...
...While I applaud the courage of the passengers on Flight 253, the government has no choice but to adopt a paternalistic approach. It cannot step up security without risking invasions of privacy. Nor can it place its trust in the public and risk another calamity for which it will be blamed. Eric Chang Owego...
...Congressional observers like Ornstein believe that the GOP has to do more to emphasize the positive and - in the tradition of former House Speaker Newt Gingrich, who won the House for Republicans in a surprise wave in 1994 - introduce some version of a new Contract with America. "The approach [to oppose Obama's agenda] was clearly set by the leaders to try to jump-start a moribund and dispirited party, and with the idea that if they could do what their Gingrich-led predecessors did in 1993-94, they could return to majority status on the back of a failed...
...going to 'OWN' you." It's a line better fit for some guy from New Jersey, not Newfoundland. "I mean, you know we didn't say on the podium," says Jackson, an avuncular guy who is clearly enjoying this famously low-key nation's take-no-prisoners approach. "We said own the podium. We're getting a little cocky here." (See pictures of Olympic athletes' tattoos...
...notable absence from the London summit was that of Iran, Afghanistan's influential neighbor on its western flank. "The approach of this conference is still towards increasing military actions in Afghanistan," an Iranian official told the official Fars news agency. Tehran's decision to stay away, said British Foreign Secretary and conference chairman David Miliband, was "inexplicable...