Word: blame
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...policy options are limited. A rate hike would likely only increase the flow of speculative "hot money" into the country from abroad, says Jing Ulrich, chairman of China equities at JP Morgan. And excess liquidity (read: too much money chasing too few goods) is at least partly to blame for China's rising-prices problem. Although some say the July spike was due to short-term food shortages, the increases "are a lot less temporary than some people think," argues Michael Pettis, a professor of finance at Peking University. "China is now exhibiting nearly all the expected consequences of excess...
...former teacher of theirs at a yeshiva, or religious seminary, in the West Bank. "They were all loyal and responsible citizens, wracked by the decision whether to obey their superiors," says the rabbi, who urged them to act "with a clear conscience." The rabbi, himself a former soldier, lays blame on the army brass, not the refuseniks: "The army should be used to fight our enemies, not against our own society...
...number of people who could be expected to put their homes up for sale in a normal market. The most distressed neighborhoods are seeing foreclosure rates rivaling those produced during the state's oil and gas bust of the 1980s--except these days, there aren't mass layoffs to blame. Just flat house prices and tighter credit standards, which make it harder for homeowners to sell or refinance their way out of trouble...
...change of venue isn't the only thing that has changed in two years. While many, including several potential jurors who came before State District Judge Jerome Winsberg earlier this week, believe the Manganos are responsible for the deaths, there is a growing consensus that blame for all post-Katrina woes lies at the feet of the federal government, which built the flood-control system that was supposed to protect South Louisiana's low-lying areas in the first place. The defense maintains that the Manganos thought it better to offer shelter to residents rather than put them through...
...state panel in Virginia continues to investigate the fatal shootings at Virginia Tech, university and local mental health officials have been arguing over who's to blame for not making sure Cho Seung-Hui, the troubled student who shot and killed 32 people before killing himself on April 16, received the outpatient psychiatric treatment a judge had ordered for him in 2005. The campus massacre also prompted colleges around the country to look for weaknesses in their own mental health programs. Since then, one thing has become clear: there is widespread confusion about whether federal privacy laws prevent school mental...