Word: either...or
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...warrants don't look too promising, either. The stocks of most of the banks the Treasury has invested in have fallen in the past two months, rendering the warrants worthless, at least for now. Some of the warrants may never have any value. Shares of Goldman Sachs, for instance, were trading at an average of $113 in mid-October. That means the stock would have to climb nearly 60% from its current $71 before the government would be able to turn a profit exercising its Goldman warrants...
They've got to keep their word. Either you're for a smaller, less intrusive government or you're not. They've got to return to first principles. What they need to stand for is limited government, fiscal responsibility, and they need to be focused on staying out of people's lives...
...demanding more evidence that Islamabad is serious about withdrawing support for militants. "They need to show us that this time it will not be a farce," says B. Raman, former head of the counterterrorism branch of the Research and Analysis Wing, India's equivalent of the CIA. "They should either deport those accused of the Mumbai attacks or allow an Indian police team to visit Pakistan and interrogate them." But the Pakistani military and intelligence services are reluctant to comply. In the past, they have used groups like Lashkar to fight a proxy war against India, and the militants keep...
...pace of job losses since August is beginning to rival that of the big 1970s and '80s recessions. So while President-elect Barack Obama and others who dub this the worst downturn since the Great Depression don't have definitive evidence just yet, they're not blowing smoke either. (See pictures of the stock market crash...
...Western media’s focus on piracy off the Somali coast in the last few months has been light in tone since piracy ceased to be a serious problem in the Atlantic centuries ago. In the popular imagination, “pirates” remind us of either illegal copies of movies made in some lost developing country or the extremely successful Disney franchise Pirates of the Caribbean. Some gravity, however, is called for: This year alone, pirates with land bases in Somalia have attacked over 100 ships off the coast of Africa. Most notably, they have held...