Word: empting
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Dates: during 2000-2009
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...speech was not "a political ploy or gimmick," but that's how it came across. The following day, seven members of her Cabinet, including Arroyo's respected economic team, quit, saying they had been on the verge of resigning anyway, and that Arroyo had simply been trying to pre-empt their moves and show that she's still in charge. "The President can be part of the solution to this crisis by making the supreme sacrifice for God and country to voluntarily relinquish her office," said Finance Secretary Cesar Purisima. "The longer the President stays in office under a cloud...
...between the U.S. and China. U.S. Treasury Secretary John Snow kept up public pressure on Beijing last week to revalue its currency, the renminbi, a move that Washington believes would brake China's surging trade surplus. China has also announced tariffs on its own exports of textiles to pre-empt possible moves by Europe and the U.S. to protect home markets. In this environment, the purchase by a state-owned Chinese oil producer of a U.S. rival no doubt would stir controversy. But in the global oil patch, China's surging appetite for reserves is now a fact of life...
...year that growth was not taking hold despite large tax cuts and worried over the slim possibility that the economy could slip into a deflationary spiral, he opted to cut short-term interest rates to 1%, their lowest level since 1958. "His policy was to move aggressively to pre-empt the chance that this small-probability event would ever take place," says Roger Ferguson, the Fed's vice chairman. "The reward was to avoid any likelihood of deflation or economic collapse, but with a risk the Fed could end up stimulating inflation." It worked out: inflation remained in check...
Those are high-profile enforcement efforts, and yet they're only two of the 10 cases that Spitzer is personally working on. His caseload isn't entirely about corporate wrongdoing. He's also challenging a federal attempt to pre-empt states from enforcing predatory-lending laws, and a few months ago won a ruling that forced the Bush Administration to reverse its rollback of pollution regulations that applied to big utilities. "The EPA [U.S. Environmental Protection Agency] cases are huge," he says. But Spitzer clearly sees Wall Street as his bailiwick; an avid and aggressive tennis player, he keeps...
KERRY: Let me emphasize: I'll pre-empt where necessary. We are always entitled to do that under the Charter of the U.N., which gives the right of self-defense of a nation. We've always had a doctrine of pre-emption contained in first strike throughout the cold war. So I understand that. It's the extension of it by the Bush Administration to remove a person they don't like that contravenes that...