Word: messes
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...worth imagining. The government has so many balls in the air between the financial systems and deteriorating parts of the industrial sector that it may not have either the capital or intellectual capacity to go around. The Treasury has just appointed a prominent investment banker to help oversee the mess in Detroit, but it would take an army of financiers to first comprehend and then advise on what should happen to GM (GM) and Chrysler. The period for comprehension is already in the past. The trouble in the auto industry has to be addressed in the next few weeks...
...housing crisis, the credit crisis, a deteriorating environment, global warming, and other ills. Managed capitalism can be wonderful, but if we allow the greedy to do whatever they want, we will again face sweatshops, 70-hour work weeks for the poor, lower wages, and an even greater economic mess than we currently face...
...nothing short of frustrating. Someone felt the need to include “Risky and Pretty,” the album’s 45-second interlude, as a purely instrumental track with more of the same boring sounds, adding another useless track to the rest of the indistinguishable mess. As background music, “Hush” can be tolerable, even more-so when Chikudate stays quiet or knocks down her vocals a couple octaves, but as rock music the album can’t hold one’s attention. Asobi Seksu fails to take a step...
...most curious and revealing part of the whole mess, however, was the media response to it: As the Chinese government struggled to suppress all footage of the incident (caused by their own TV personnel), blogs and tweets carried cell-phone photos and videos around the world. Ultimately, the government’s inability to stifle the flow of information encapsulates the internal inconsistencies and long-term inviability of the Chinese political system...
...what if Wall Street's pay practices helped cause the mess we're in, and what if they don't correct themselves? The bonuses granted by Merrill and other money-losing firms seem to indicate an unwillingness to adapt to changed circumstances. Yet government attempts to dictate compensation at financial institutions are likely to bring about unintended and probably unpleasant consequences. The solution could lie instead in restricting certain financial behaviors or just hiking tax rates on the highest incomes. The bottom line is that Wall Street is uniquely risky--but that doesn't mean the risk takers have...