Word: fuel
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...already showing in the bankruptcies of retailers such as Linens 'n Things, Mervyns, Steve & Barry's, Shoe Pavilion, Goody's and Sharper Image and in the possibility of poor holiday sales. The overleveraged consumer is the biggest economic problem the country faces, because debt has been the rocket fuel that has propelled growth for most of the past decade. Two-thirds of the $14 trillion U.S. economy is driven by consumer spending, and the relentless shopper has also been critical to the growth in once booming exports led by economies like China...
...clear that such truth-telling is not what the American people want to hear, nor does such directness help the candidate during an election campaign. In August, in the midst of the oil-price surge, Obama tried to suggest to Americans that maintaining inflated tires could conserve fuel. The suggestion, backed by experts, was mocked by the McCain campaign. Clearly Obama learned the lesson of Walter Mondale's attempt to tell the truth in 1984 about the need to raise taxes. Steve Charing, Clarksville, Maryland...
...boost lending in the wake of the government's $250 billion investment into these firms, industry observers are skeptical that it will actually happen. "The idea that more capital is going to influence how much banks lend is a misconception of how banking works," says John Simons of Corporate Fuel Partners, who has spent 35 years in the commercial banking business. "Banks look at the economic outlook when deciding to make a loan, and the outlook is looking a whole lot worse...
...Despite his interest in the project, Tischfield says he realizes that implementing the program won’t be without technical difficulties, such as finding local materials, building a kiln, and finding efficient fuel. Transportation to and from La Prusia will also be a challenge...
...striking across the country. Al-Qaeda and Taliban bombers are now able to strike Karachi and Islamabad; following the Marriott bombing, militants have targeted political leaders across the country. Their reach also imperils the U.S. military's supply lines into Afghanistan - 80% of dry cargo and 40% of the fuel used by U.S. forces in Afghanistan goes through Pakistan...