Word: dependability
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...support the development of clean, alternative energies. Cap-and-trade will help reduce emissions, but it may not be enough to reach the budget’s goals of a 14-percent reduction below 2005 levels by 2020, and 83 percent by 2050. Such drastic, long-term reductions will depend on a low-emission energy infrastructure for America, which can only be developed with alternative energy technology...
...terms of paying for the packages, the president offered two major plans. The first was to increase taxes on those who make more than $250,000 a year. The second was to cut spending in Iraq. The two challenges to the success of those tactics depend on how many U.S. citizens who are rich become poor due to the recession and how much military effort will have to be switched to Afghanistan. It would be premature to make a forecast about either...
...some countries' leaders think about protectionism in this period of economic crisis? We live in a globalized economy. We all depend on one another. Every country imports and exports goods or services. It would be a big mistake to be tempted by protectionism and it would not solve economic problems. It would rather amplify them. Philippe LaCome, STRASBOURG, FRANCE...
...Boston Marathon.” Malden resident Darryl Davis, a veteran of 20 festivals, feels similarly. “I come to meet the friends I’ve made that I see here every year,” he says. Even the movies themselves depend on the community atmosphere. “I wouldn’t watch the B movies at home by myself,” Simon says, “but here we all willingly suspend disbelief together.” Given this community, it is no surprise that ties to the festival run deep...
...Geithner, fortunately, does not face this old-fashioned run on the bank. Yet cooperation from the private sector is just as crucial today as it was in 1933. Creating an effective public-private fund requires incentives for private investment, and incentives depend on specific terms. This is exactly what Geithner’s fund is missing and exactly why future Friedmans and Schwartzes might criticize Geithner for “absence of vigorous intellectual leadership...