Word: might
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...Saints might win the Super Bowl in two weeks, but sooner or later the talk of the league will return to Favre - the man whom Vikings fans have hated to love, whom Packers fans have come to regard with a sense of wounded fascination. The retirement rumors will persist. If he goes to yet another team, the identity crisis will deepen. As for myself, I know why the Packers let him go, I know why he can't come back, and yet there I was rooting for the guy on Sunday, marveling at the grit and heartbroken at the loss...
...cash, but more than 80% of his emergency loans have been paid back, and the Fed is returning record profits to taxpayers. Bernanke used the Fed's jaws of life to rescue us from a brutal wreck; it's galling to hear politicians complain that the rescuer might have broken a window...
...they can be self-fulfilling tomorrow, and the hawks who harbor them are quite influential on Wall Street. If markets and Chinese bondholders start to lose confidence in the value of the U.S. dollar, that could trigger another panic, regardless of the rationality of their fears. A little inflation might be a good thing, but if jittery markets take a little inflation as a sign that the Fed has gone soft, the result could be a run on the dollar and out-of-control inflation. Bernanke is determined not to squander the Fed's hard-won credibility as an inflation...
...delays and obfuscation. First, in the spring it delivered a lengthy manifesto about global peace irrelevant to the issues at hand. The summer months were taken up with Iran's election turmoil, but following talks with the U.S. and its international partners in the fall, Iran hinted that it might be willing to accept a deal under which it would export most of its enriched-uranium stockpile to be converted into reactor fuel - and then quickly backpedaled as the proposed deal came under a hail of criticism from across Iran's political spectrum. In recent weeks, Iran has made...
...arrangement for two countries to make. But this is Russia's backyard. And Moscow, which has yet to react to the Kazakh offer, may not take kindly to two of its former republics' striking an energy deal behind its back. The offer demonstrates, however, that many former Soviet states might not care anymore if they anger their former benefactor. A sense of defiance has grown in the region since the Russia-Georgia war, which proved that Moscow would not stop at economic bullying in its efforts to maintain influence over its neighbors. (Read "Russia's Gazprom Diplomacy: Turning Off Europe...