Word: burstingly
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...there's no economical way to capture and sequester carbon emissions from coal, and many experts doubt there ever will be. But now the idea of clean coal might be truly dead, buried beneath the 1.1 billion gallons of water mixed with toxic coal ash that on Dec. 22 burst through a dike next to the Kingston coal plant in the Tennessee Valley and blanketed several hundred acres of land, destroying nearby houses. The accident - which released 100 times more waste than the Exxon Valdez disaster - has polluted the waterways of Harriman, Tenn., with potentially dangerous levels of toxic metals...
Mass moral breakdown seems a tidy, symmetrical response to a crisis driven by greedheads and gamblers who blew the bubble that carried us away and politicians who stood by and watched it burst. So now we stand in the rubble, surrounded by sharp questions. How sturdy are we, how suspicious, how brave, how bitter? What is it going to do to us, individually and collectively, when dread takes up residence next door, or right upstairs in the empty rooms we prowl around when we can't sleep because our debts and doubts are making too much noise? (See pictures...
...cuts and shrewd economic policy, the administration has made consequential efforts to shore up America’s economy in this latest financial crisis. As the largest buyers of sub prime mortgages from 2004 to 2007, Fannie Mae and Freddie Mac helped fuel the housing bubble and exacerbate the burst. The Bush Administration tried no fewer than 18 times, publicly and on the record, to push Congress to agree to reform these Government Sponsored Entities. And while Defense and Homeland Security spending has increased to face the perils of a post-9/11 world, the growth in non-security discretionary...
...Japan learned a similar lesson during the economy's Lost Decade after a stocks-and-real-estate bubble burst in the early 1990s. In a pathetic attempt to avoid losses, Japanese banks kept pumping fresh funds into debt-ridden, unprofitable firms to keep them afloat. These companies came to be known as zombie firms - they appeared to be living but were actually dead, too burdened by debt to do much more than live off further handouts. One economist called Japan a "loser's paradise." The classic zombie was retail chain Daiei, which limped along for years, crushed by debt...
...Almost as suddenly as it had begun, the forum ended and the crowd again burst into applause. The campaign managers then walked through a steady rain to a nearby open bar, where they mingled with students and journalists. The conversation continued. However, once the alcohol started to flow freely, the ground rules changed. The events that followed - the comments made - were all officially off the record...