Word: efforts
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Even without doing the math, you probably get that the government's financial-rescue effort is failing. The signs are hard to miss. Your friend in finance got pink-slipped. A house sale down the street fell through because the buyer couldn't get a mortgage. A local bank is closing a nearby branch or maybe shutting down altogether...
...Friday, reports surfaced that Geithner was thinking about shelving the bad bank approach for now, and just moving forward with the loan guarantee program. If it does, Washington officials would not be alone. Last week, Britain rolled out its own loan guarantee program as part of that country's effort to help its struggling banks...
...lack thereof. Coming into the game, Princeton had only mustered sixty points in five of its 14 games. In scoring 77, the squad eclipsed its season average by leaps and bounds. “They hit some tough shots, it wasn’t a lack of effort,” Housman said. “We need to improve on our communication, they confused us.” But the game was still undecided with seven minutes to play, as Harvard took its last lead at 56-54 on two free throws by freshman Keith Wright. From that point...
...promise of a new direction in Washington. With just days to go before a likely final vote on the package, it remains unclear if the President or congressional leaders have the willingness or political motivation to make the compromises that would change what is now a Democratic stimulus effort into a legitimately bipartisan one. (See who's who in Obama's White House...
...postponing Afghanistan's presidential election from April to August means that Karzai will remain in office as a new U.S. plan for Afghanistan goes into effect, even though U.S. and NATO commanders have long warned that the rampant corruption and inefficiency of the Karzai government are undermining the war effort. NATO Secretary-General Jaap de Hoop Scheffer recently wrote in the Washington Post that "the problem in Afghanistan is not too much Taliban; it's too little good governance" and warned bluntly that the alliance expects Karzai to do a better job. Vice President Joe Biden visited Kabul shortly before...