Word: demand
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...there is a compelling reason in the form of a higher price at the pump. The enormous, unstated side benefit of Kinsley's proposal is a huge step toward energy independence. Who did not enjoy seeing the OPEC ministers being forced to reduce production because of reduced demand in the U.S. and worldwide? I wonder if our elected representatives will have the courage to pursue Kinsley's idea. Richard Parins, Sarasota...
...Drug Warfare in Mexico Re TIME's postcard from Culiacán: "Mexico's drug war" is in fact America's war fought in another country [Dec. 29]. You describe the narcotrafficking murders but fail to explain why they occur: as a direct result of demand for cocaine in the U.S. They do not demonstrate, as may be inferred, any inherently violent characteristic of Mexican society. About 90% of cocaine used in the U.S. passes through its southern neighbor, and Mexican civilians are dying so that American drug addicts can get their fix. David Sussman, Williamstown, Mass...
This is, after all, what Congress decreed in 1980 for producers of actual toxic waste. Under the Superfund law enacted that year, polluters pay for the messes they make. Environmental lawyer E. Michael Thomas sees no reason lawmakers couldn't demand the same of financial polluters and force them to ante up some of the bank-bailout money. "This is a directly parallel policy judgment," he says. "It's beautiful in its simplicity, and it's also beautiful in its justice...
...there is a compelling reason in the form of a higher price at the pump. The enormous, unstated side benefit of Kinsley's proposal is a huge step toward energy independence. Who did not enjoy seeing the OPEC ministers being forced to reduce production because of reduced demand in the U.S. and worldwide? I wonder if our elected representatives will have the courage to pursue Kinsley's idea. Richard Parins, SARASOTA...
...primary concern is the financial health of major Japanese exporters such as Toyota, Honda and Sony. Many of Japan's most important companies are hurting as a result of collapsing demand and the soaring yen, which has risen 15% against the dollar over the past 12 months. A strong yen makes Japanese products more expensive, and hence less competitive, in overseas markets...