Word: cannot
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...actually walk the walk. After a year of contraction, U.S. GDP grew 3.5% in the third quarter of this year, but the jobless rate has surged to 10.2%, the highest since 1983. Raising interest rates runs the risk of worsening unemployment. For the same reason, the U.S. cannot withdraw stimulus spending either, even though the U.S. budget deficit has topped a record $1.7 trillion. Last week, mortgage lender Fannie Mae reported $18.9 billion in third-quarter losses and said it needs another $15 billion in taxpayer money to survive...
...people do not want to be in the E.U. The cause of this opposition lies in the increasing disempowerment of both the British individual and the British state. Moreover, the British taxpayer has to pay a very substantial amount of money to the E.U. each year, an organization that cannot, will not or dare not, tell us how it is all spent. Elliott makes the point that the U.S. wants Britain to be central to European policy; that's all very well, but it is increasingly clear that this is not what the people of Britain want. If Britain...
...substantial proportion of the British people do not want to be in the E.U. They see the increasing disempowerment of both the British individual and the British state. Moreover, the British taxpayer has to pay a substantial amount of money to the E.U. each year, to an organization that cannot, will not or dares not tell us how it is all spent. C.S. Lewis, Derby, England
...chops blocks of pink and red flesh behind a counter. Now 68, Honda remembers how, as a boy, his first bite of Japanese hon maguro, or bluefin, inspired him to become a chef. For Honda, it's the only tuna there is. "Once you experience our natural maguro, you cannot go to a conveyor-belt sushi place anymore," he says. In 2001, when the yen was still rolling, Honda helped auction a Pacific bluefin at Tsukiji for about $220,000. It was one of the most expensive fish ever sold in Japan. "Maguro," Honda explains, "has a power to move...
...despite his abhorrence for the Wall and the totalitarian system it symbolized, Reagan was even more mindful of the consequences of military confrontation with the Soviets. "A nuclear war cannot be won and must never be fought," he said in 1983. During the early years of his presidency, Reagan privately sought to open dialogue with the leaders of the U.S.S.R. but made no headway. With Gorbachev's arrival in 1985, Reagan found a partner who could help in his quest to end the arms race--and ultimately abolish nuclear weapons. "There was something likable about Gorbachev," Reagan said after their...