Word: argument
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...financial unit, GECS, will suffer from high default rates as the recession undermines the ability of its business and consumer customers to pay their bills. A Deutsche Bank analyst recently wrote that GE Capital has zero value in contributing to the value of the company's stock. His argument is that the unrealized losses on the financial unit's balance sheet are greater than most investors understand. On top of the analyst's report, The Wall Street Journal reported that GE has significant exposure to the failing commercial real estate market. (Watch a GE advert shown during the Super Bowl...
...argument that economists would make for the appropriateness of the downfall of print is based on "creative destruction." As one generation of products or services become obsolete it is replaced by another which better fits the current environment. The car industry and the banks in their current incarnations look like they will dodge any application of this principle in the real world...
Sitting in an armchair in his enormous Eisenhower Building office overlooking the West Wing, Orszag unspools the argument he has made for years, first as a scholar at the Brookings Institution and then as head of the Congressional Budget Office. No long-term budget plan can get around the massive surge in costs that comes with rising medical-care prices and the aging of the baby boomers. "If health-care costs grow at the same rate over the next four decades as they did over the past four decades, you're up to 20% of gross domestic product...
...other choice but to try and hide herself and live her life through somebody else’s identity,” Fitz said. Fitz said she was particularly disappointed with the verdict because she said it dismissed mental illness as merely a “creative argument.” But Walt Wilkins, the prosecutor and U.S. attorney for the District of South Carolina, said Reed’s scams were purely an effort to support herself after she had left home in 1999, and that Reed had continued to put herself in social situations despite the defense that...
...still not buying the whole "organic-is-better" argument, this study might convince you otherwise. As Davis points out, more than three billion people around the world suffer from malnourishment and yet, ironically, efforts to increase food production have actually produced food that is less nourishing. Fruits seem to be less affected by genetic and environmental dilution, but one can't help but wonder if it's even possible to avoid nutritionally bankrupt veggies. Supplementing them is problematic, too: don't look to vitamin pills, as recent research indicates that those aren't very helpful either...