Word: cheapness
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...Because of these issues, muni bonds don't seem particularly cheap even though munis now yield more than Treasuries. Indeed, Gary Strumeyer, head of capital markets at Bank of New York Mellon, says munis are no longer in the same rock-solid category as Treasuries, so it's not even a fair comparison. "Every investor needs to understand the many risks associated with purchasing muni bonds these days," he says...
...Online advertising revenue may not soon supplant DVD sales in developed countries. But, where legal, high-quality DVDs are either unavailable or have simply lost out to cheap, low-quality pirated ones, whatever little revenue may come in from the Web is worth it. American viewership is accelerating its decades-long flight to cable channels. In the short term, networks need whatever revenue they can get. Internet broadcasts point the way forward. Active experimentation on a global scale is the only way to refine the current model of online advertising and distribution into something that can support the costly...
...McGrath corralled three of his buddies and drove 35 miles from his New York City home to the nearest Denny's, in Avenel, N.J. They all downed their meals, two of them free, and considered themselves hooked. "It's amazing," McGrath said after jacking up his cholesterol. "It's cheap, and it's good." His one wish? That Denny's open a restaurant in Queens...
...Piet Klop, an investigator at the Washington-based environmental think tank World Resources Institute, says that people will not learn to ration water unless it hits their pockets. "We need to understand that it is a more valuable commodity than oil and prices must reflect that better," Klop says. "Cheap subsidized water is not helping people. It is giving them a bad service." However, radically hiking the prices of any basic commodity would be a tough sell for any politician, especially in a turbulent democracy such as Mexico...
...emphasis for Indian scientists is on indigenous solutions. "We know we cannot count on high-quality feed and fodder," says Singhal. "No one will be able to afford it. What we have done instead is develop cheaper technologies and products." One example is urea-molasses-mineral blocks that are cheap, reduce methane emission by 20%, and also provide more nutrition, so they're easier to sell to illiterate farmers who don't know a thing about global warming but want higher milk yields...