Word: non
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Dates: during 2000-2009
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...common refrain of revisionists is that Bush foolishly pursued “deregulation” by cutting taxes. They simply throw out the term “Bush tax cuts” followed by a non sequitur explaining why the economy is suffering. However, tax cuts are not deregulation. Deregulation implies a change in the rules and restrictions that structure markets, while tax cuts instead put money in the pockets of American consumers to use within the existing regulatory environment. Plus, not all deregulation is created equal: The poor accounting standards that led to the Enron scandal have nothing...
...company, which has been the world's premier insurance firm posted greater and greater losses on its derivative investments, the board pushed out Martin Sullivan in favor of Robert Willumstad in June 2008. Willumstad was clearly at least partially responsible for the trouble at AIG since he was the non-executive chairman before being made CEO. He made a further mess of the AIG problems because he was slow to address them and was himself fired in September. His replacement, who holds the job now, is Edward Liddy, former head of Allstate. Liddy's most notable accomplishment since moving into...
...Just next door live residents whose voices, unlike Jake’s, do not get heard. They are the massive immigrant, non-English speaking population who have been left out of this process. Harvard did appoint an Allston-Brighton “task force,” but it filled it with better-off homeowners. Moreover, because meetings are almost exclusively in English, Allston’s poorest residents are left literally voiceless...
Snakes on a Plane. Where's Samuel L. Jackson when you need him? Four baby pythons escaped their cage during a Qantas flight from Alice Springs to Melbourne on April 14. Workers searched the aircraft for the 6-inch reptiles - which are non-venomous, and can grow to about 3 feet - but after two flights had to be canceled to accommodate the fruitless search, the airline gave up and fumigated the plane. "They're not endangered, so a decision was made to fumigate," said Qantas spokesman David Epstein. "If these snakes turn up, they will be very much dead snakes...
...governor, Riad Salame, who banned the exotic financial instruments and over-leveraged practices that became common in the rest of the world. While Salame took office before President Suleiman came to power, the validation of his banking policies are adding further shine to the reputations of the country's non-partisan officials. Suddenly, Lebanon feels like an island of stability in a world upside down...