Word: plan
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...bailout plan in some kind of perspective: Paulson would rule over a pile of assets that exceeds the annual Pentagon budget of $507 billion by nearly 50%. For at least the next year, and perhaps for years after, Treasury's spending authority will make it harder for the next President to fulfill campaign promises and pump money into new priorities. Depending on how Paulson's power is structured, it could even postpone new federal spending on health-care reform or infrastructure improvements, or hasten the need for increased taxes and deep spending cuts. A similar challenge faced incoming President George...
Congress must still approve the bailout - but no one wants to take responsibility for what may come in the absence of action; the plan is likely to go through...
...offer, which had the blessing of Berlusconi, who's back in power, came from a consortium of Italian businessmen ready to invest up to one billion euros in the more profitable sectors of the company. (The money-losing units would file for bankruptcy protection.) But after unions rejected the plan, the investors pulled their offer off the table...
...basement of his Los Angeles house. He uses a tin box to hold bags of waste paper, and cans of garbage to hold the rest. For organic waste, he put in a worm composter that breaks down leftover food. Beyond that, he didn't create a master plan for his year of no trash. "I didn't really think this through - which is probably for the best," says Chameides. His wife and kids are exempted from the challenge, but not from the neighbors' scoffs. "My wife's friends do make...
...common for Harvard students to make fun of their overly-zealous peers who have a laser-like focus on becoming doctors or investment bankers. Some of that derision may be deserved. But there is much to admire in pursuing a clearly articulated career goal. For those without a professional plan (and even for those who do have one) there is an implicit mission inherent in attending the world’s greatest university: to sate one’s intellectual curiosity. No minor administrative hurdles and no trivial commute should stand in the way, no matter what the subject...