Word: millennium
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Dates: during 2000-2009
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...Giuliani used to speak more carefully about terrorism. "No mayor, no Governor, no President can offer anyone perfect security. You've got to be able to deal with a certain level of risk in anything that you do," he said in 1999. On the eve of the millennium New Year's Eve celebration in Times Square, he appeared on CNN to warn against melodrama: "When people overdo it about terrorism, terrorists actually win. You're sort of like becoming agents and instruments of the terrorists...
This being Vegas, the meeting is concluded with some gambling, in the form of Hedge Against Poverty, a charity poker tournament. It's a benefit for the creation of a Millennium Village in Haiti, an extension of the self-sufficient economic units that economist Jeffrey Sachs first devised for poor African communities...
...perfect trap: poor soils lead to poor harvests, and poor harvests lead to poor households unable to replenish the soil. But with a little help, Mbola has begun to break this cycle and begin the climb out of poverty. Last year it became a U.N.-backed Millennium Village and is now one of scores of such villages in more than a dozen countries in sub-Saharan Africa to receive aid from a new organization I had the honor of co-founding, Millennium Promise. Business and civic leaders helped form this poverty-ending alliance, which promotes holistic, community-driven economic-development...
There is one more link in this extraordinary chain of human connection. By contributing to Millennium Promise's You+Village campaign millenniumpromise.org you can fortify Mbola and other villages and follow each step of their progress. You can become a partner with the poor of Africa in the most exciting and realistic possibility of our time: the end of extreme poverty...
That something is the close of a remarkable era of easy money. Cheap credit helped fuel the stock bubble at the end of the past millennium and almost entirely fueled the real estate boom of the first years of this millennium. It kept us spending through the tough years that followed the stock market's collapse, and it allowed the Bush Administration to finance big budget deficits without strain. Easy money also helped enable the rise of private equity as a major economic force...