Word: expectations
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This was your third year in the Sports Illustrated swimsuit edition. The previous two years, were you sitting there with your fingers crossed? The first year I didn't expect it at all. Last year, when they came to Israel, I thought, Hmm, they came to my home country - maybe, you know, there's a reason for it. But I didn't get the cover, and it's O.K. because working with Sports Illustrated is such a big compliment anyway that it's not even a disappointment. Now that I am on the cover, I understand how exciting...
...Most recessions in the last fifty years have lasted three or four quarters. That meant that as the economy fell apart, companies would make predictions for the upcoming year and expect that financial circumstances would improve. These companies might have gone through one set of deep cuts to offset dropping sales, but, as the expense benefits from those layoffs began to bear fruit, a new recovery started...
...important for Americans to have greater faith in the banking system. When the government is doling out large numbers of taxpayer dollars, it matters that individuals feel that their tax money is being spent wisely. We can also hope that the message to corporate executives will be clear: Taxpayers expect discipline, especially from a sector that has come to be seen by many as inept or irresponsible. Otherwise, the distribution of public funds becomes, in the president’s words, “unfair...
...enormous scale. Cut loose from its free market moorings, however, the profit motive may become dangerously misguided. Pumping taxpayer dollars into failing Wall Street firms will have all of the negative and none of the positive consequences of greed. Given no incentive to be prudent, we can expect them to do nothing other than what they’re best at—being greedy...
...Indeed, no ruler should be allowed to mismanage a country and expect the world to fold its arms. While the initiatives to address the Zimbabwe situation are very welcome, one cannot overlook the fact that this deal rewards political violence and repression at the expense of electoral popularity and acceptance. By endorsing power-sharing agreements (first in Kenya and now in Zimbabwe), African leaders have, in principle, set a dangerous precedent: dispute election results, hang onto power, then negotiate into a compromise arrangement...