Word: plan
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...Treasury plans got a lot of incoming fire because they assume participation by the private sector in the process of buying assets from banks. Secretary Geithner made a very big mistake by not bringing one of these private investors to the press conference where he presented his plan. Either George Soros was not available or he turned the opportunity down. (See pictures of the global financial crisis...
...only thing Geithner could have said that was almost certainly accurate is that he has a good plan, he is working on details which are hard to pin down because the crisis is spreading so quickly, and he will be back for more money once he understands where the problems are getting much worse. He is being asked to ride a bicycle in a hurricane. It may not be reasonable to ask how many times he might fall...
...stint as President of Iran that ended in 2005, Mohammed Khatami appears reluctantly ready for act three. Known as the most liberal but least effective President since the Iranian revolution, Khatami put an end to months of widespread speculation surrounding his political comeback on Feb 8th by announcing his plan to run against incumbent Mahmoud Ahmadinejad in Iran's Presidential election in June...
...National Movement of Recyclers of Peru is hoping to change that. Founded six months ago, the group has an ambitious plan that would double income levels while helping the country's municipal government deal with the problem of solid waste. The first step is changing the image Peruvians have of this army of cart-riding men and women, promoting the word recycler instead of more traditional and derogatory terms like garbage picker and scavenger. "The movement increases self-esteem. Society has always scorned recyclers, seeing them as the last rung on the ladder," says Galo Flores, who provides support...
Peru's recyclers, with the help of Flores and the backing of a few companies and some lawmakers, have moved quickly to solidify the movement. They have a strategic plan for the coming five years and helped draft legislation on behalf of recyclers. The bill, submitted in October and currently in committee, would facilitate the formalization of recycler associations by granting them government recognition. The legislation has the support of President Alan Garcia's administration through the Environment Ministry because of the contribution it could make to cleaning up this Andean country's towns and cities and contributing to Peru...