Word: markets
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...show's producers called the U.S. Speedskating office in Salt Lake City and the parties quickly hammered out a deal. "My gut reaction was, 'Great,' " says Crowley. "It's a unique sponsorship opportunity, and you know what? It's going to be fun." The market price for sponsorship logos on speedskating suits is $100,000. Colbert will get a logo on the leg and hood of the long-track skaters; on the short-track athletes, the Colbert Nation mark will be stitched on the leg and chest. "A bit embarrassing that our leadership couldn't secure other sponsors three months...
...pension-based retirement system scares me. Private pension plans are only as good as the insurer that backs them--in many cases the federally run Pension Benefit Guaranty Corporation (PBGC). The PBGC's future solvency, like Social Security's, is dubious at best. Say what you will about market-based retirement vehicles, but it will be a cold day in hell before I relinquish the security of my nest egg to a government with an uncanny ability to mismanage everything...
...right here? Well, first, the Republican argument that the stimulus is a bust because jobs have been lost fails a basic logic test. After last fall's global financial shock, the job market was going to be thrown for a loss no matter what. The issue is whether the number of job losses is greater or lesser than it would have been in the absence of the stimulus. "You can't answer these questions without a compared-to-what," says Jared Bernstein, economic adviser to Vice President Joe Biden, who is overseeing the stimulus. "We can have good arguments about...
...Profits reaped by the drug cartels will remain high because of the strong demand from the U.S. and Europe and because of remaining prohibitive laws that drive up the price of the drugs. The drug cartels most responsible for the violence are still going to trade within a black market and operate outside the regulatory strictures of government because the sale of drugs is still illegal. Weapons will remain easily accessible to drug cartels because of lax laws in the United States, allowing the cartels to act as de facto militias. Meanwhile, Calderón’s policy...
America’s role in solving the problem is crucial. Former President Vicente Fox recently gave a speech in which he stated that the export market of the United States might become even more valuable if the domestic market in Mexico were to collapse due to the increasing instability. As instability increases, the domestic drug trade will become less profitable, creating even more incentives to trade within the United States...