Word: financees
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Last October, when British Prime Minister Gordon Brown and his Finance Minister, Alistair Darling, unveiled their emergency intervention to recapitalize U.K. banks, they did so in front of a capacity crowd in the oak-paneled suite of rooms at 10 Downing Street, which are used for the Prime Minister's...
The bad economy is clearly the main culprit - with houses and jobs at risk, fewer consumers are willing to make a long-term bet on a solar system - but so have ebbing subsidies for solar in Europe, where manufacturers in the U.S. still send most of their product abroad. Without...
I think the most telling fact of the campaign is that, of Obama, Clinton and McCain, only Obama ever gave an announcement speech to explain why he was running. That tells you more about why Obama won - and why the other two could never get on message - than any delegate...
Obama's second strategy will be giving money to people - through tax cuts as well as food stamps, jobless benefits and health care for the unemployed. Direct transfers are the fastest way to ship money out of the Treasury, but they don't provide stimulus if they don't get...
The obvious solution would be some kind of independent arbiter to establish performance measures and evaluate stimulus projects for timeliness and tails as well as competitiveness and carbon. During his campaign, Obama proposed an infrastructure bank that wouldn't finance projects that don't produce economic or environmental returns. But...