Word: messes
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...what he could to quickly mop up the mess by naming current Minister of the Economy Kaoru Yosano, 70, as Nakagawa's replacement. A fiscal conservative, Yosano will now wear three hats in Aso's government: running the ministries of economy and finance and the Financial Services Agency, which oversees banking. If things get much worse for the Prime Minister and he is forced to resign, there is even talk that Yosano, who was runner-up to Aso in the LDP elections in September, could replace him as the new head of the party and lead it in upcoming general...
...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...
France and Finland are thinking it over. Spain has balked because of legal ramifications. Belgium and Austria have curtly concluded that America should clean up its own mess...
...camp led by Rafsanjani, should set up a system of diplomacy much like that between the U.S. and the Soviet Union during the cold war, to prevent disagreements from turning into open conflict. "The only thing we want from the United States is for them not to mess with our country," he says. But that would mean the U.S. accepting Iran's right to have a nonmilitary nuclear program, ending sanctions, apologizing for past misdeeds, shutting down covert operations and accepting Iran's right to support Hamas and Hizballah just as the U.S. supports Israel--a list unlikely...
...billions to spur on buyers won't be a magical fix. "To prop up prices above fundamentally justified levels is throwing good money after bad," says Joe Gyourko, professor of real estate and finance at the University of Pennsylvania's Wharton School. Overboosting homeownership helped get us into this mess, after...