Word: messes
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...most alarming information that the federal government should give up before it gets deeper into debt comes from experts who join business TV news show hosts. Simply stated, they argue that the economy got itself into this mess and it will have to get itself out. This idea destroys the belief that the government has the power to protect the financial interests of its own people and companies. It is a philosophy that will create despair in almost all quarters because it is based on the idea that we are on our own in this economic fight for survival...
...smell something funny in fiscal instruments with names like "credit-default swaps," but when you work on Wall Street and people call you a "master of the universe," you think you can make the things pay off. Even nonpartisans would agree that George W. Bush waded into the Iraq mess with more certainty than strategy. And Bill and Hillary Clinton might actually have achieved health-care reform if they had tried negotiating with the opposition instead of steamrolling it. (See George W. Bush's biggest economic mistakes...
Retreat and Reboot I was thrilled to see a front cover of TIME that offered some answers on getting us out of the world's financial mess [Feb. 16]. I believe the first responsibility of every nation is to protect its citizens against long-term unemployment and the resultant poverty. I am not advocating tariffs or large-scale protection from imports but it is important that we maintain employment through restoring our essential manufacturing base, which has been considerably eroded through manufacturers going offshore. Add to this the encouragement of consumers to buy homemade goods and products and if this...
...Lincoln dedicated his life to the pursuit of economic freedom for all [Feb. 16]. But lost in the debate on the current stimulus plan is any mention of personal responsibility. That lack of responsibility on Main Street, Wall Street and Capitol Hill is what got us into this mess to begin with. Sure, we all have the right to rise, but we have forgotten that with rights come responsibilities. Jason Peirce, Calabasas, Calif...
...refused their visas in Ulaanbaatar." The holes in his lineup have forced Lacey to draft last-minute substitutes. "Our Mexican clown is stuck in Mexico, so we've got a trapeze artist pretending to be a stooge just to get everybody out of trouble," he says. "It's a mess." (See 10 things to do in London...