Word: clearest
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...Beijing Clearing the Air, Again For two months this summer, the Chinese capital saw some of its clearest skies in a decade, thanks to antipollution measures in place for the Olympics and Paralympics. But when restrictions were lifted Sept. 21, pollution returned. Beijing has now reinstated Olympic traffic rules that ban each of the city's 3.5 million cars one day a week, on the basis of license-plate number. The plan may take 800,000 cars off the road...
...improvise or when he thinks no one is looking. It's why newspapers run profiles quoting kindergarten teachers; temperament is formed early. "You can call it balance. You can call it a sense of proportion. You can call it maturity, good judgment," says historian David McCullough. "One of the clearest lessons of history is that there's no such thing as the foreseeable future, and particularly in traumatic times such as we have now, temperament is of the utmost importance...
...average. Very soon after passage, President Bush signed the bill into law, finally giving Treasury Secretary Hank Paulson the authority that he requested more than two weeks ago to buy up Wall Street's distressed mortgage-backed securities. But getting it done was not pretty or easy, and the clearest sign of that was in the sheer size of the legislation itself; Paulson's original request was barely three pages long, whereas the bill passed today runs well over 400 pages...
...should government (and by extension taxpayers) even be contemplating such action? The clearest explanation is probably that of Paul McCulley, a managing director of the money-management firm PIMCo, who wrote an essay last summer on "The Paradox of Deleveraging" that continues to resonate in financial and economic circles. When a debt-fueled investment bubble bursts, financial institutions that make their living off borrowed money (banks, investment banks, hedge funds) tend to want to reduce their leverage - their ratio of debt to equity. That's perfectly rational. But when everybody does it at the same time, big trouble ensues...
...This is unequal, institutional discrimination and a denial of government protection at its clearest," Williams added...