Word: poore
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Conventional economic wisdom holds that the free market alone should determine which companies and industries succeed and fail. A company’s decisions, whether they are wise or poor, are its own to make, and it should have to face consequences of those decisions. The American auto industry giants—namely, General Motors, Ford, and Chrysler—have made a number of poor, if not self-destructive, choices in the past decade, culminating in their current liquidity crisis. While a healthy economy would survive the bankruptcy of a Big Three auto giant, any such failure could plunge...
...reaction among gay rights advocates to their recent electoral setback is damaging in that it serves to confirm their opponents’ fears that the movement is positively anti-democratic. In addition to being in poor taste, the aggressive reaction to Prop 8 will ultimately prove self-destructive. As recent history has shown us, popular opinion on the gay marriage front is fluctuating, and it will likely be a central issue in the next election as gay rights supporters seek to overturn marriage bans...
...immense impact of American Middle Eastern policy and the two wars in which this country is engaged is self-evident. And if you want to see the international effect of the subprime mortgage crisis, just talk to a poor Icelander...
...Bush Administration. The intra-Iraqi squabbling over the pact, partly fueled by Iran's concerns, evaporated following Obama's election two weeks ago. "I am hopeful that conditions will continue to improve, so we can continue" to withdraw U.S. troops, Mullen said. But if ordered to pull out despite poor conditions - a possibility many Pentagon officials fear in an Obama Administration - Mullen said he would obey such a command. Mullen added that it's "theoretically possible" that a new agreement allowing U.S. troops in Iraq post-2011 might be struck if conditions deteriorate...
...quoted by official media as speaking of a "post Dalai Lama era," calling on the leader to "correct his mistakes and get closer to the central government and do something beneficial for the people...during the remainder of his life, no matter if his health condition is good or poor." That would be consistent with the simple policy many analysts believe the Chinese have settled on: waiting until the Dalai Lama dies and refusing to concede anything in the meantime. Still, as strong a hand as Beijing seems to have, that approach could backfire. "They are very confident now," Barnett...