Word: expect
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...export-dependent economies of Asia, where concerns about a possible recession are compounded by doubts that the evolving, $2.2 trillion U.S. plan to bail out its finance and banking system will prove effective. For those reasons, some see flightiness reigning in stock markets for the foreseeable future. "I expect volatility to continue for some time as long as confidence hasn't been restored," says Matthew Kwok, head of research at Hong Kong's Tanrich Securities. "Sentiments are quite pessimistic...
...billion into the financial system; the Treasury Department is committed to the $700 billion bailout package in addition to the $200 billion being spent to prop up Freddie Mac and Fannie Mae; rescuing AIG may cost more than $120 billion. With the already lofty U.S. budget deficit now expected to top $1 trillion next year and recession a virtual certainty, you'd expect America's currency to be taking a beating...
...employed during several primaries: distributing flyers in salons and barbershops with large black clienteles. Rick Wade, the Obama campaign's senior adviser for black affairs, says simply, "African Americans are a crucial part of the Democratic base. They know what's at stake during the general election. We expect to see a tremendous turnout...
...communities where there is no tradition of voting as an obligatory civic duty. Ronald Walters, director of the University of Maryland's African American Leadership Center, says, "You can't send young volunteers into the hollows of Alabama, Mississippi and Florida with BlackBerries, reaching out to black voters, and expect them to do the same kind of job. If people knew Jesse [Jackson] or Al [Sharpton] was coming, thousands would come out and do what they needed to do - show up on Election Day." Walters contends that blacks could account for as much as 20% of the Democratic vote nationally...
Those watery tales have now grown into full-blown clichés. Obama is aloof, self-possessed, cool under fire; McCain is passionate, impetuous, hot under the collar. Each one makes a virtue of his temperament as the right setting for the current climate. Americans, McCain says, "expect me to get angry, and I will get angry, because I won't stand for corruption." His impulsive intervention in the bailout negotiations suited his narrative as an action hero: Suspend the campaign! Postpone the debates! His message is practical, real world, get it done; someone around here has to know when...