Word: modestic
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...pirates have to work with crews of mechanics, but their wages are probably modest...
...reversed preliminary budget guidance that would have prevented new programs from tapping a recently created source of additional endowment funding in the next fiscal year. The decision to continue allowing new initiatives to benefit from the strategic payout program—which grants high-priority projects across the University modest increases in endowment funding—came shortly after schools received notice that only programs already receiving the funding would be eligible to use strategic payout funds next year. Former University President Lawrence H. Summers originally conceived the program to up the payout rate from the endowment while avoiding...
...banking crisis may be over, but what is left is a reclamation job that will probably take years to complete, will still have a taxpayer price tag of over $1 trillion, and will leave America's largest financial firms as institutions of modest power and a regulated scope which will prevent them from looking anything like what they did two years...
...other arms-control experts argue that a good deal for a new treaty would be to keep the counting and robust verification system of the START treaty in place, but with a moderate goal of reducing the number of weapons. Obama himself has indicated that he favors a modest first step. At the Carnegie International Nonproliferation Conference in Washington on April 7, arms-control experts were both exuberant over Obama's call to eradicate nuclear weapons and unsure how such an ambitious end-goal might be achieved. "It's been a long time since we felt this level of excitement...
That's why the first step will likely be a modest one. Traditional deterrence theory holds that a country should keep as many nuclear weapons as it would need in an absolute worst-case scenario, one in which it had to destroy the war-fighting capacity of multiple adversaries. The Russians have made clear that they want a START replacement to limit delivery systems (intercontinental ballistic missiles, submarine-launched missiles and bombers), but American war planners may resist drastic cuts in that area because of concern that the U.S. might lose the ability to deter multiple enemies at once. "China...