Word: likelihood
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Well, maybe you don't see the danger to our democracy. Briefly, the more inequality there is in society, the lower the likelihood of democracy. Hence Jefferson's ideal of an agrarian utopia...
...That likelihood is presaged by Thomas's settling on a piece-by-piece passage strategy, even in the side of Congress where Bush has the votes. The $958 billion in marginal rate adjustments are straightforward and evenhanded, and don't skew rich very much at all - the death tax repeal does most of that - so they'll be that much harder to resist politically...
...think Tuesday's reports definitely increase the likelihood that Greenspan will cut rates again before the March 20 meeting, probably by 25 or 50 basis points (a quarter or half a percent). It's hard to say exactly - the Fed is still sorting through all the numbers to try and figure out where we are right now - but three weeks is too long to wait when confidence is this low. Greenspan doesn't want to look like he's behind the curve - not in the first year of a new administration, not when he didn't cut rates fast enough...
...Rees: More or less. Barak's departure ensures that in all likelihood, Sharon will have the broad government that he wanted and the advantage of a weakened Labor party leadership. It's ideal, really - now the Labor leaders will have to spend all their time fighting over who's going to control the party...
...only that, Quaker senior center Diana Caramanico is now 29 points away from breaking the all-time Ivy scoring record of Allison Feaster '98. That means in all likelihood, Caramanico will break the record Saturday night at Lavietes...