Word: precedental
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For the past five years, Hu has headed the Commission, a critical lever of power in China through which the Party controls the country's armed forces. Promotion to its vice chairmanship is widely seen as an essential step in the opaque process by which the Party selects its next...
It's also expanding in less-developed western regions like Xinjiang and eastern ones like Inner Mongolia, where the company is building its 39th Chinese bottling plant. Bold moves in a downturn? Maybe, but then again, there's precedent. In the 1930s, Coke broke in to 20 new countries and...
There is precedent for political haymaking around something as innocuous as a presidential address to students. In 1991, Democrats attacked President George H.W. Bush for spending $26,750 on a private production company to produce his stay-in-school, say-no-to-drugs message, which was carried live on CNN...
Either way, foreign policy analysts say Obama is setting a precarious precedent by trying to have it both ways. In the future, restless militaries in other countries may look at the U.S.'s Honduras ruling and decide coups are worth chancing as long as they don't install a guy...
Still, some legal eagles believe Congress could set a dangerous precedent if it approved a bailout package for Madoff victims.