Word: creditably
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...face a larger challenge than the failure of financial institutions. The failure of consumer demand will trample the economy well into next year. The only solution to the problem is to given people extremely enticing reasons to spend money. Whether that is done though tax credits or access to inexpensive credit, governments have to move into the difficult role of building a system to create a series of incentives that make spending money more attractive than saving it. That is nearly impossible because it would certainly involve giving people a dollar to save for every dollar they spend...
...second half of his testimony, both oral and written, Markopolos outlined his recommendations for fixing the SEC. Markopolos said that "right now investors are afraid." He cited investor fears of banks, insurance companies, brokerage firms, credit rating agencies, investment manager, and the country's regulatory agencies, including the Federal Reserve and the Treasury. In a backhanded compliment, Markopolos said the SEC is a "bad regulator, but the best of a very sorry lot," though at one point he also suggested that it might be better to disband it or merge it with another agency. The bigger fix, he said...
...team, with normally almost any problem in youth sports being thrown onto the adults involved. While many problems do arise from overzealous coaches and parents who let ideas of grandeur make them ruthless, if we must exculpate the players from this sort of negative event, how can we ever credit them when they perform admirably? If we are to honor players for their good sportsmanship, we must be willing to cast them in a negative light when they exhibit none...
...approval of four more classes for General Education credit brings the total number of approved courses to 70 across the new curriculum’s eight categories...
...these measures, some of the tax cuts in the current House and Senate plans are hard to defend. For example, both chambers included a tax credit for first-time home buyers, a classic hair-of-the-dog solution to a crisis with roots in an artificially inflated housing market; the credit wouldn't provide stimulus and it wouldn't point the country in a new direction. Similarly, as the nonpartisan Tax Policy Center pointed out, the Senate's $70 billion patch to the alternative minimum tax is "neither timely nor targeted" and "makes no sense as economic stimulus...