Word: moneyitis
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What's more, unlike the situation at the height of the credit crunch, corporations are able to raise money from investors. On Tuesday alone, corporations sold $23.5 billion in bonds, making it the second most active day in debt sales by companies on record. In 2009, corporations issued $712 billion in investment-grade bonds, up from $646 billion...
...good as they could be and need to get better. People will argue the method, but they won't really argue the point. They won't say, "Oh, there's nothing wrong with our K-12 schools. They're awesome. We just need to keep giving them more money and stay out of their business." But that's what a lot of people think about colleges. And colleges do more than anyone to perpetuate that myth. But it is a myth...
Meanwhile, even if negotiators reach a START agreement, it will still require ratification in the U.S. Senate. And in a recent letter, 40 Republican Senators and independent Joe Lieberman suggested that they would not support the agreement unless Obama pledged to allocate money to "modernize" America's nuclear arsenal - that is to say, refurbish old warheads and potentially build new ones. That decision, in turn, hinges on the findings of Obama's "Nuclear Posture Review," in which the President will decide the nuclear forces he feels the U.S. needs to maintain in order to remain secure...
...million in 2009 and has been dispatching CIA and military personnel to train Yemeni forces. U.S. Centcom commander General David Petraeus said on Jan. 1 that military assistance would double in the coming year. But outside observers are skeptical of how much effect more guns and money will have, especially if the largesse is appropriated by a corrupt bureaucracy. In any event, Saleh's officials have been wary of seeming to do America's bidding. In 2002 the U.S. scored a victory against al-Qaeda in Yemen and promptly spoiled its success. Paul Wolfowitz, Deputy Secretary of Defense...
...Without money, Saleh's ability to play patronage politics and buy off the opposition has faded. Though posters bearing his portrait are plastered across Sana'a, his authority doesn't extend very far beyond the capital. About two-thirds of the country is in the hands of either separatist groups or local tribes, some of which have a habit of kidnapping foreign tourists to use as bargaining chips with the central government. Economic and developmental issues - Yemen's most volatile regions are among those hardest hit by drought and government neglect - are at the heart of most of those conflicts...