Word: backyarders
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...inflation. And the short-term danger is still that people get so worked up about their fading 401k's and rising heating bills ("the rise in the cost of energy has drained business and household purchasing power," he said) that they turn Japanese and bury their money in the backyard...
...ANWR: This is the centerpeice, and at least Murkowski's no NIMBY-pamby - the Alaska National Wildlife Refuge is as close to his backyard as anyone's, and he, like Bush, is convinced that its black bounty, anywhere from 3.2 billion to 16 billion barrels of extractable oil, is well worth what advocates say will be minimal environmental damage. Says Murkowski: "The reality of ANWR is that if you are looking to increase supply, you look at where you are mostly likely to find...
...sign off on a direct U.S. invasion to depose Saddam, but not even the most gung-ho proxy warriors in Washington would dare suggest that the U.S. put tens of thousands of its own troops in harm's way for the foreseeable future in Osama Bin Laden's backyard...
...right now, as the game of high-stakes international politics is being played out in their backyard, the people of Iraq care little for Hussein, the United Nations, weapons inspections or any other abstract ideal that is being upheld by starving them. Worrying about high politics is a luxury of the well-fed. What the people of Iraq want is an end to their suffering. They have paid the price for living under a ruler they neither chose nor support...
...Take NMD. Deep in their hearts, Europeans know they should buy some insurance against missile attacks. But right now, they are more afraid of the political fallout. They don't want a riled Russian bear in their backyard. Nor do they want a strategic arms race in the Far East, triggered by Chinese efforts to build a nuclear arsenal capable of penetrating America's shield-in-the-sky. Worse, Moscow and Beijing may link arms against the U.S., and there goes the global neighborhood. So, Mr. President, you may want to recalculate the gargantuan bill of NMD by adding...