Word: messe
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...will arrest Zelaya if he sets foot in the country and that he is ready for anything Venezuela - or anyone else - can throw at him. With neither side showing signs of compromise, the risk of a violent clash rises - a prospect that worries many in Tegucigalpa. "All this mess could make the economic problems even worse," says shop owner Daniel Joya, 42. "If things fall apart, I will have to leave this country...
This week, however, the Obama Administration said it was not going to do anything to help California right now, believing that the state should try to get its budget mess in order first. There are good reasons for the Treasury not to rush to California's aid. If it backstops Sacramento, rewarding the state's bad behavior, it would set an example for other states to follow. A nightmare scenario: the Federal Government backs California's loans, which leads to a downgrading of the Treasury's credit rating and the unnerving of the global credit markets. Spooked, the Chinese government...
...Meanwhile, White House officials say they are content to watch this ugly phase of the process - one of many it is likely to go through before it is over - from the sidelines. "It's going to look like a mess for a few weeks," said an official. "But overall, we think this is helpful. CBO has sent a signal that everyone needed to hear: This is not just an intellectual exercise...
...case stems from the departure of Greenberg in 2005, when he was ousted from AIG, a company he ran for 37 years, amid an accounting scandal. While the case gets at the wacky bonuses and compensation structure present at AIG for years, the facts of it predates the mortgage mess and the company's current troubles...
...beautiful - the problem lies with the installed regimes and landed aristocracy, all kept in power by Western interests. Our democrats and demagogues backed by the West effect little. All the while, magazines like this refuse to address the larger history at play that has brought us to this mess. It seems the less we talk about the legacy of the Cold War, the U.S. thirst for oil and the specious war on terror, the better. Danish Azar Zuby, Karachi...