Word: clear
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...there is any such thing as a typical recession, it usually runs a one year cycle. By the time most people are about to run out of support from the government, the economy begins to create jobs. It is already clear that is not what will happen this year or next. (See the 25 people to blame for the financial crisis...
...March 1979, in a provincial Chinese town named Muddy River, a 28-year-old counterrevolutionary, Gu Shan, is executed, after 10 years of imprisonment, for publicly losing her faith in communism. At the denunciation ceremony, which the entire town is obliged to attend, it becomes clear that her vocal cords have been severed so that she cannot cry out counterrevolutionary slogans. But like a stone cast in water, the ripples of this execution spread out wide and The Vagrants - Yiyun Li's first novel after her extravagantly praised and miraculously poised prizewinning debut collection, A Thousand Years of Good Prayers...
...able to stand on its own any time soon. Thousands, even millions, of jobs and a significant part of the American economy (especially the battered manufacturing sector) depend on GM remaining afloat. Whether or not pulling GM out of the red is possible at this point, though, it is clear that Wagoner is not the person for the job. By urging his resignation, the Obama administration is showing other executives that it will not allow CEOs who fail to make their companies viable to remain in their positions...
...slavery, he urged Turks to "reckon with their past" in dealing with the killings of hundreds of thousands of Armenians by Ottoman Turkish forces in 1915. During last year's presidential campaign, Obama had said he would officially recognize the deaths as genocide. But in Ankara, he steered clear of the term - which Turkey rejects - and instead voiced support for Turkey's efforts to normalize relations with Armenia...
...just that "the relevant brokers" had been notified, as if there were others besides Madoff - which there were not, as we all learned six months later. It certainly didn't mention that Chais was just pretending to be the great Wizard of Wall Street. He did, however, make it clear that anyone was "free to withdraw part or all of their money" at quarterly withdrawal dates, which was a nice, reassuring touch. Giving more comfort, Chais rather breezily wrote that everything would be fine, that his son, a lawyer by training and manager of a venture-capital fund...