Word: dangers
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...liquidity. Recessions ordinarily lead to deflation or disinflation, which increase the real value of assets and act to end the recession by fostering spending. This natural and necessary corrective mechanism will be thwarted by inflation as soon as we begin to get out of the recession. That is the danger of treating a crisis of confidence as a crisis of liquidity...
...Danger-seeking was so popular that somehow pirates came back. Someone gave Don Imus a radio job. When investment banks crumbled, we decided to hand over $700 billion to Henry Paulson, who used to run an investment bank. It was the kind of year when a famous football player could think, Sure, I've drunk a lot and have a loaded gun in my pants, but the music in this club makes me want to put my hands in my pockets and dance...
...optional. Law enforcement officials may begin to believe that since they are not pulling a gun or using a baton, the potential for serious harm is mitigated. Another issue is simple miscommunication - police officers may use Tasers on those suffering from medical or mental conditions when no danger is actually being presented to the officer. The reports weaves a web of unnecessary deaths. There appears to be no definitive way to tell if Tasers caused them all, but the sheer number says something. Little appears to have changed, though. Expect another report - and more reported fatalities - next year...
...That leaves the international community with two unappealing options. The short-term fix is to try to neutralize the pirates by pursuing them on land. Hence a U.S. draft proposal authorizing military action inside Somalia currently before the U.N. Security Council. But sending troops into Somalia is fraught with danger, as the American soldiers of Blackhawk Down, and now the Ethiopians, know to their cost. Present day U.S. operations against the Islamists - publicly confined to air strikes, but also including some clandestine fighting on the ground - have killed two significant leaders, including the bomb-maker in the 1998 al-Qaeda...
...crowd would have gone wild. I don't think I've ever seen this kind of adulation pouring out of a theater audience. There were standing ovations after virtually every number. "We love you, Liza!" "You look great, Liza!" the fans yelled out whenever the room was in danger of quieting down. They cheered her costume changes, laughed knowingly at the coy references to her failed marriages, cooed nostalgically as she reminisced about her mom and her "godmother," Kay Thompson, whose 1940s nightclub show she pays tribute to in the second act. When she closed the show with "New York...