Word: laxness
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Dates: during 2000-2009
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...nearly a quarter of India's 2,300 pilots are foreigners. Due to the shortage, there have been several reported cases of pilots with invalid licenses or who should be in retirement but continue to serve. An air passengers' organization has also been campaigning against what it calls lax health checks for expatriate pilots who are given temporary, six-month licenses...
...have “reinterpreted” the right to gun ownership. These limitations on gun ownership, they say, demonstrate that gun ownership itself is not linked to increased violence. But in the wake of the expiration of the Federal Assault Weapon Ban in 2004, gun control remains relatively lax in many states, especially when it comes to handguns, which are responsible for many, if not most, gun-related murders. Gun advocates claim the need for handguns in self-defense, but such considerations are moot when weighed against the number of lives that might be saved by making the weapons...
...Economists met during the World Economic Forum in Davos, Switzerland, late last month, the perspectives varied according to geography. "The U.S. economy is on steroids," said a worried Pascal Blanque, chief economist at the French bank Credit Agricole. Blanque fears an America bulking up on dangerous deficits, a lax monetary policy and the falling dollar. "The European economy is on tranquilizers," retorted Laura D'Andrea Tyson, dean of the London Business School and former chair of the Council of Economic Advisers in the Clinton Administration. She argues that Europe is both too complacent about its weak growth and strong common...
Since that long boom ended in 2001, though, griping and whining have been ascendant. Greenspan was a bubble blower, the main criticism goes, a man whose lax monetary policies encouraged excess and speculation. What's more, he failed to thwart George W. Bush's demolition of the budget surpluses built up in the Clinton years. These complaints were steadily gaining in volume, thanks to the collapse of a mortgage-lending boom that began on Greenspan's watch, when the man jumped into the fray in mid-September with The Age of Turbulence, a new book about his life...
...many of whom are former special operations personnel from U.S. military branches. However, critics often refer to these professionals as modern-day mercenaries; soldiers-for-hire who retired or are cherry-picked from the military by Blackwater and firms like it, often attracted by the higher wages and comparatively lax disciplinary standards.This is not to say that the government should never contract out services to the lowest bidder in order to streamline operations or increase capabilities at home or abroad. But Blackwater’s contracts in Iraq alone, which total $800 million, were mostly no-bid contracts granted...