Word: deal
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...fleeing chief villain. (The movie gets its suspense from tracking clues to the third man.) We know that this kind of film introduces wives and kids for the sole purpose of killing them off and turning a loving husband into a revenge machine. You got the same deal in this summer's Death Race, where the Jason Statham character also loses his wife and baby, and endures the same frustrating near-miss of spotting the killer. But Statham channeled his mourning into a manly, stoic rage. Wahlberg's Max mostly broods; he's stolid, anomic, the walking...
...still enjoys a measure of stability far greater than in the 1930s--or even the '20s. The kinds of "runs" on savings institutions that we watch Jimmy Stewart battle every Christmas season are all but unimaginable, thanks in large measure to the psychological reassurance provided by a landmark New Deal innovation, the Federal Deposit Insurance Corporation (FDIC), whose authority to guarantee bank deposits has recently been expanded. And today's federal outlays make up nearly 20% of GDP, with state- and local-government spending adding another 10%--weighty ballast in the face of economic bad weather...
...inarguably clear that what we know as the New Deal was important not for ending the Depression--it didn't--but for putting in place a host of creations like the FDIC, Social Security, unemployment insurance, the Securities and Exchange Commission and a vastly strengthened Federal Reserve system. Complemented by the multilateral bodies that were spawned at the end of World War II, these institutions formed a latticework of stability and security on which the nation's and the world's economies grew so robustly that a new word, globalization, was coined to describe the results...
...globalization has outpaced intellectual and political innovation. Exotic investment instruments like credit-default swaps and collateralized debt obligations have eluded meaningful monitoring, baffled regulators and investors alike and raised hob with markets worldwide. What is now manifestly needed is a round of creative institutional invention like what the New Deal gave us. Then history will have repeated itself neither as tragedy nor as farce but as common sense and consequential reform...
...public sympathy in Italy for Petrella's clearly critical health condition may strike some observers as tough. But it becomes more understandable against the broader history of Red Brigades fugitives enjoying refuge in France despite long-standing extradition treaties between the countries. France's official tolerance resulted from a deal that former Socialist President François Mitterrand extended in 1985 to Italy's left-wing terrorists: if they renounced violence, they could live in France under open-ended amnesty. Scores of former terrorists did just that, living openly and unmolested - much to the ire of authorities and terror victims...