Word: pre-empt
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...cant pre-empt a hurricane, but you can pre-empt the worst of its devastation if you see these things comingas the Federal Emergency Management Agency (FEMA) did with New Orleans way back...
...youre less likely to pre-empt anything when youre keeping those resources bottled up in Washington, when youre shutting firehouses in New York so you can open oil refineries in Iraq, and when your best answer to poor intelligence is to torture prisoners at random, deport potentially valuable sources, and withdraw from the community of nations...
...speech was not "a political ploy or gimmick," but that's how it came across. The following day, seven members of her Cabinet, including Arroyo's respected economic team, quit, saying they had been on the verge of resigning anyway, and that Arroyo had simply been trying to pre-empt their moves and show that she's still in charge. "The President can be part of the solution to this crisis by making the supreme sacrifice for God and country to voluntarily relinquish her office," said Finance Secretary Cesar Purisima. "The longer the President stays in office under a cloud...
...relationship between the U.S. and China. U.S. Treasury Secretary John Snow kept up public pressure on Beijing last week to revalue its currency, the renminbi, a move that Washington believes would brake China's surging trade surplus. China has also announced tariffs on its own exports of textiles to pre-empt possible moves by Europe and the U.S. to protect home markets. In this environment, the purchase by a state-owned Chinese oil producer of a U.S. rival no doubt would stir controversy. But in the global oil patch, China's surging appetite for reserves is now a fact...
...last year that growth was not taking hold despite large tax cuts and worried over the slim possibility that the economy could slip into a deflationary spiral, he opted to cut short-term interest rates to 1%, their lowest level since 1958. "His policy was to move aggressively to pre-empt the chance that this small-probability event would ever take place," says Roger Ferguson, the Fed's vice chairman. "The reward was to avoid any likelihood of deflation or economic collapse, but with a risk the Fed could end up stimulating inflation." It worked out: inflation remained in check...