Word: pointings
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...answer to the first question is no. Recapitalization needs will likely exceed what the current stress tests suggest since macroeconomic conditions are bound to be worse than the consensus anticipates, making the adverse scenario of the stress tests look mild. At this point in time, banks are still facing well over $1 trillion in losses over the next couple of years, even if low short-term interest rates make new loans very profitable. Moreover, according to RGE Monitor, real U.S. GDP growth will inch back into positive rates only toward the end of 2009 rather than at the beginning...
...little early to judge Salazar's tenure at the Interior Department, and the Secretary may have a point - the ESA wasn't designed to counter a threat as global as global warming. The best way to deal with carbon emissions is to pass national legislation that would create a cap-and-trade program, rather than trying to stretch the ESA to fit a purpose its drafters couldn't have foreseen. But the ongoing battle over the polar bear is a reminder that wildlife will be the first victims of global warming - and that saving them won't be easy...
...Every five or 10 minutes, the actors on stage would sing or yell or direct some of their lines at us,” Reddout said. “At one point, I think they even stole an [audience member?...
...perfect inch-deep furrow along the entire passenger side, headlight to brake light-I stopped thinking of the van as having any monetary value whatsoever. I resolved to drive it for at least 10 years, or until I developed a capacity for shame, whichever came first. At which point I would pay someone to take it off my hands...
...Orwellian twist, the drafters of the bill, which is being called the law "Against the Rehabilitation of Nazism," have said they modeled it on the various forms of Holocaust-denier legislation that exists in Austria, Germany, Belgium and France. But critics point out that the law banning denial of the Holocaust is designed to protect the memory of the Jews and other ethnic groups killed by Nazi forces and their supporters. Russia's new bill, however, would stop anyone reexamining a history fraught with half-truths and lies propagated by the Soviet government, then carried into the present...