Word: letting
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Dates: during 2000-2009
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...Real Bailout Some bankers now have the attitude of, What's the problem? The crisis is over. Get out of our way and let us get back to business. This is especially true of those who don't owe the government any money. The conventional thinking is that the $700 billion of Troubled Asset Relief Program (TARP) money was the beginning and will be the end of the bailout. TARP lent $238 billion to more than 680 banks, according to SNL Financial, a research firm; 44 of these banks have repaid a total of $71 billion. Thus, there's less...
...Let's now pan to a contemporary, post-Industrial society - say, the U.S. An economy based on brains and connections? That sounds about right. It's been half a century since economists first lasered in on the importance of "human capital" - the notion that what is locked up in people's heads and how they relate to other people deserves just as much attention as a company's physical assets (its factories, trucks and land). With each new phase of our information society, it becomes truer that the way to get a leg up isn't to own a factory...
Miron says he tries no to let his views come out in his intermediate microeconomic theory course. But like Marglin, he offers a different course in which his views align more closely with the curriculum, entitled “A Libertarian Perspective on Economic and Social Policy...
...before anyone calls for a congressional investigation, let's remind ourselves that Afghanistan isn't Sweden. We had no problem dealing with Afghan Islamic fundamentalists, terrorists, drug dealers and thugs when the Carter and Reagan White Houses waged a proxy war against the Soviet Union in the '80s. The CIA and the White House turned a blind eye to our proxies' faults because the fundamentalists were the best fighters and happy to take down our Cold War enemy...
...let's not forget that the CIA isn't the only organization with questionable people on its payroll. Since the beginning of the war, NATO has been bribing drug smugglers to let fuel pass through the Khyber Pass from Pakistan into Afghanistan. NATO payments, thousands of dollars for each truck, have to dwarf anything the CIA is giving to Ahmed Wali Karzai. (See pictures of the U.S. Marines' offensive in Afghanistan...