Word: needing
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...financial crisis was caused by the juxtaposition of regulators who really didn't believe in regulation, and excess leverage," says Jon Corzine, the former governor of New Jersey and a former chief executive of Goldman Sachs. "We need stricter, higher capital rules for the banks. That's a much better solution than trying to limit a type of business that is hard to define...
...Wall Street money manager Jeremy Grantham recently wrote shareholders that he thought the Volcker rule would eliminate conflicts of interest at financial firms. Citigroup's current chief executive Vikram Pandit, too, has said he believes banks need to start curtailing their riskier activities. In November, speaking to business students at Washington University in St. Louis, Mo., Pandit said that unlike with other financial crises, proprietary trading played a much bigger role than underwriting in the recent credit crunch that nearly brought down his firm. "It makes sense to me that you don't take deposits as an institution and turn...
...urgency of the economic crisis, healthcare, the war in Afghanistan, and the continued threat of terrorism. In reality, however, there will always be something that arguably outweighs the repeal of DADT in terms of importance, and the presence of these other issues in no way diminishes the pressing need to abolish this anachronistic form of discrimination, which has no place in the world of today, much less the United States. Just as the Civil Rights movement, for instance, was not deterred by the “heavier issue” of the Vietnam War and the ensuing civil unrest...
...Republican response to this barrage was, well, incoherent. But in most cases the need to demonize Obama trumped the party's ideological beliefs. The budget commission - to take one flagrant example - was blocked by a group of Republican Senators who had supported or sponsored it. These included the Senate minority leader, Mitch McConnell, and the formerly virtuous John McCain, a sore loser who has reversed his position on practically everything lately. The Senate Republicans then proceeded to vote unanimously against a provision, attached to a necessary increase in the debt limit, that would force Congress to pay for every...
...Both sides need to guard against overstating the extent to which the landscape of the international order has changed and against treating China's rise as a more exotic development than it actually is. Keeping these four things in mind should help...