Word: nonetheless
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Dates: during 2000-2009
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Political moves, for all their shortcomings, can nonetheless be highly symbolic. In this case, the symbolism in the president’s declaration is both welcome and warranted. In a time of financial crisis, it is important for Americans to have greater faith in the banking system. When the government is doling out large numbers of taxpayer dollars, it matters that individuals feel that their tax money is being spent wisely. We can also hope that the message to corporate executives will be clear: Taxpayers expect discipline, especially from a sector that has come to be seen by many...
...fixed income world and chief of investments at Pimco stated "the U.S. may slump into a 'mini depression' unless policy makers spend trillions of dollars to spur growth." He did not make the distinction between a "mini depression" and one of normal size but his comments were, nonetheless, alarming...
...veteran grappler matched BU’s Dan Kennedy point-for-point, trailing by a single score with moments remaining in the third period. The Harvard senior allowed his opponent to escape, hoping for a takedown in the final seconds, but he could not upend the redshirt freshman. Nonetheless, the 6-4 decision marked the best effort made by a losing Crimson wrestler and brought much-needed intensity to a lackluster match.“Patrick has been one of our top leaders, not as much in wins as in what he brings to the table,” Weiss...
...Nonetheless, the idea of new loan guarantees as the solution to fix the banking crisis appears to be gaining momentum in Washington and abroad. Earlier in the week, Treasury Secretary Timothy Geithner seemed to have struck a deal between the FDIC and the Federal Reserve to roll out a new phase of the bank bailout plan that would include both guarantees and direct asset purchases. The latter plan is favored by the FDIC and is often called the "bad bank" approach, because the government would set up an institution to buy up all the loans or bonds that are backed...
...smoking by minors and pregnant women - others have been more divisive, like the decree that Muslims avoid conventional banks in favor of Shari'a-based banking. Because the council's rulings are nonbinding, they are generally observed only by the nation's more conservative Muslims, but its advice is nonetheless often sought by government officials. Last year, for instance, the council played a key part in the controversial ban of the Ahmadiyah religious sect by the governor of South Sumatra. (Read "Should a Pious Muslim Practice Yoga...