Word: expectancies
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Dates: during 2000-2009
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...saddled with the responsibility for uncovering why the SEC missed Madoff's $50 billion Ponzi. He's also putting together reports later this year that will make recommendations for agency reforms. "We hope to have a Madoff investigation report completed by the end of summer," says Kotz. "We expect to have the audit report recommendations shortly thereafter." (Follow Madoff's downfall in pictures...
...Luxembourg) of the E.U.'s 27 members expect to break the deficit ceiling in the coming year. In such circumstances, the E.U. should suspend the pact immediately, says Daniel Gros, director of the Brussels-based Centre for European Policy Studies. "It means it doesn't break - it bends. And it is ready to bounce back," he says. "We could then reaffirm them when we have a better idea of where the economy is going." Not that anyone knows when that will...
...lots of this sort of boasting in Obama's speech before Congress. And when Obama mentions these programs, look to see which politicians in the audience stand to applaud. Republicans, who hate policy goals that require federal spending, are likely to sit on their hands, while Democrats rejoice. Finally, expect Obama to talk about the need to continue these sorts of policy initiatives, outlining his priorities for reforming energy, health care and education, as well as the need to simultaneously pare back the long-term deficit...
...stands, nods to bipartisanship, which Americans have long supported, is a clear winner for Obama, so expect to see more of it in the speech. With Democratic control in the House and Senate, Obama has the ability to set the terms of the bipartisan discussion. He wins by talking about the need for bipartisanship - yet he has enough votes in Congress to largely determine when too much bipartisanship would hurt his agenda. "On the one hand, the majority has to be inclusive," he explained on Monday, during an afternoon discussion with lawmakers. "On the other hand, the minority...
...While much of this ambiguity is likely to remain after Tuesday's speech, Obama will be obligated to explain how he views the ongoing international violence and shifting threats. Expect the President to combine a continued determination for victory against terrorist threats with a cautious explanation of the difficult challenges ahead. President Bush did himself great political harm by repeatedly offering rosy projections about the war in Iraq that later proved to be unfounded. Obama, who inherited Bush's military engagements, is not likely to repeat that mistake...