Word: blueprinting
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...White House later this week, Administration officials are signaling that he intends to pursue a very different strategy for getting reform passed from the one used by his Democratic predecessor in office. Unlike the failed effort of 1994, when Bill and Hillary Clinton presented Congress with a detailed blueprint for reform - and never saw a bill reach the floor of either the House or Senate - Obama is outlining broad principles, with a bottom line of universal coverage, and leaving it up to lawmakers to fashion a plan for meeting them...
...which government differentiated good banks from bad. That's been combined with a mechanism to take bad loans and other unwanted assets, like real estate, off banks' books. Beyond that, there's no precise recipe. The government response in Sweden in the early 1990s, now cited as a blueprint, involved the takeover of precisely two banks. The rest of the country's banks remained in private hands, even though the government guaranteed their assets. (See the worst business deals...
...Obama Administration rolled out its much awaited foreclosure-prevention plan on Wednesday, saying it could help as many as 7 million to 9 million homeowners meet their mortgage payments. In contrast to last week's detail-light financial-rescue blueprint, the multipronged policy to shore up the housing market, announced by the President on a trip to foreclosure-riddled Phoenix, was packed with specifics. Key components include modifying the terms of delinquent loans, refinancing underwater mortgages and plowing more money into the federal housing agencies in order to keep mortgage rates...
...other complex structures are also encoded in DNA, and until the 1980s, biologists had almost no knowledge of the genes that built them. Over the past 25 years, biologists have identified many of the genes that help build embryos. A number of them help lay out the embryo's blueprint by letting cells know where they are. The cells absorb proteins floating around them, and the signals trigger the cells to make other proteins, which in turn clamp onto certain bits of DNA to switch neighboring genes on and off. This network of genes eventually leads a cell to give...
...important sign that the Treasury Department realized the limits of its abilities. Recent and future TARP outlays have a whole new set of stringent reporting requirements. The inspector general's report doesn't give super-high marks to the program so far, but it does provide a blueprint of how it should be run going forward. Still, as the report indicates, "the long term success of the program is not assured...