Word: nationalizes
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...jobless rate is how quickly it might be reversed by the capital, which will be injected into the economy by the new federal stimulus package. This state may end up being a sign of things to come. The foreclosure rate in California is one of the highest in the nation. More than 236,000 homes or 2.8% of California's housing stock foreclosed in 2008, helping to drive down home prices by 42% from December 2007 to last month, according to Bloomberg. In addition, the state government is projected to run a deficit of $40 billion over the next...
...diplomacy on carbon emissions. With a major U.N. summit on global warming just 10 months away in Copenhagen, the current shift is necessary if the U.S. is to regain leadership on climate issues and work toward an equitable international deal on reducing carbon emissions. "The U.S. is the only nation that can lead the world, and this is the most serious challenge the world has faced," said Gore...
...neighbors and sponsors its own sort of terrorist group, Mossad, which has agents around the world who in the past have been involved in targeted assassinations. If Iraqi tanks entering Kuwait resulted in a quick U.S. intervention, why is it so far-fetched to chastise Israel similarly? This rogue nation even possesses nuclear weapons. Why is the world doing nothing about this? Apart from the U.S., global public opinion is firmly behind strict censure of Israel. Hopefully the new regime in Washington can march more in step with world views on this subject. Peter East, URANGAN, QLD., AUSTRALIA...
...congratulatory messages received by then-Senator Barack Obama just after his victory in the tightly contested 2008 presidential race, perhaps the most interesting was a rather direct missive from Iranian President Mahmoud Ahmadinejad. “The great Iranian nation welcomes real, fundamental, and fair changes in America’s behavior and policies,” he said, “particularly in the Middle East region.” Over the first few days of its tenure in office, the Obama Administration has made it a public priority to right the wrongs of the Bush years and restore...
...establishing diplomatic relations with Tehran would also have immediate benefits for our forces in Iraq; a friendlier Iran would be less likely to support sectarian belligerents in that divided nation. The bipartisan Iraq Study Group contends that a friendlier Iran is crucial to this endeavor. If the US establishes relations, it will be able to use its diplomatic and economic clout to garner enforceable agreements on arms control between Iraq and Iran. Coming to an accord will certainly help secure the safety of American troops. Other problems with the Islamic Republic notwithstanding, the potential to disarm the enemies of American...