Word: functionalities
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...theory, these programs should directly reassure businesses and banks that it's safe to borrow and lend. But the programs are not directly funded by the government, and rather will function as insurance paid for by premiums paid by the banks themselves. It may work, but it's not the same as having full taxpayer guarantees...
...Most pro-life feminists view abortion as an oppressive evil born of patriarchal society. A culture focused on women’s needs, they argue, would instead focus on both promoting and rewarding motherhood. This stance, however, assumes that a female’s most important societal function is anatomically determined: In essence, that she should serve as a womb and a mother before she should act as a holistic human being. By stooping to the level of biological essentialists, organizations like the FFL bolster the idea of an intangible “feminine mystique” and pervert conceptions...
What would that mean for banks, and how would the program function? First and foremost, the senior Administration official says, it would be voluntary. The banks would come to the government. Treasury would not pick the ones that look like they need help and offer it to them. "We're trying to make these things as systematic and predictable as possible," the official says. "If we moved on this, it would be: Here are the terms; here's how it works; here's the guy to call...
...Over the next month, the 35-year-old onetime AC/DC fan and aerospace engineer will run the $700 billion Treasury Department program to rescue the American economy by pricing, buying and, hopefully, reselling some of the most complex financial instruments ever devised--all so that the credit markets can function again. Kashkari's job is pivotal; how long Kashkari will hold on to it isn't clear. Treasury Secretary Hank Paulson intends to work with whoever is elected Nov. 4 to name a permanent head of the rescue program, get that person confirmed by Congress and install...
It’s unclear what is most offensive about this troubling trend: the fact that they serve no function (they neither block UV rays nor allow effective vision) or that you have to jump continuously to see the loser next to you at a party...