Word: prevention
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...billion to fix the problem. Most members of Congress were so spooked they were ready to write a check, until their phone lines started melting with the angry voices of taxpayers demanding details about the likely return on the investment. But even the minimal strings attached did not prevent the first $350 billion from vanishing, with the government overpaying about $78 billion for the assets it bought. The banks told pesky reporters and congressional watchdogs that how they spent the bailout cash was really none of their business. And now, Tim Geithner informs us, the financial system needs $2 trillion...
...country is the effort to save jobs more widespread than in China. The government recently estimated that 20 million migrant workers have lost their jobs as the global slowdown forces tens of thousands of factories to close. The response has been a government-led effort to prevent even more widespread losses. Last week, the central government's powerful State Council ordered companies throughout the country to notify local government-backed labor unions if they planned to cut either 10% of staff or more than 20 employees. The directive also urged companies to use any proceeds from China's $586 billion...
...With so many challenges to face, the AU should not resist efforts to bolster its power and infrastructure. Gaddafi might go too far in his suggestion of one military force, one currency, and one passport, but perhaps measures to this effect would help prevent the internal strife and lack of accountability crippling parts of Africa today...
Thankfully, A-Rod has chosen to take the contrite and honest road in reaction to the allegations. Although the pinstripes he wears may prevent him from ever being a fan favorite in Red Sox Nation, through his openness and regret, he still has the chance to salvage his legacy. Now Major League Baseball must demonstrate similar accountability if it hopes to save...
...current law is fair. It "strikes a reasonable balance between the human rights and privacy of sex workers, the well-being of other members of the community as well as the prevailing moral values of the community," a police spokesman stated in an e-mail. "The police aim to prevent the exploitation of women and girls for the purposes of prostitution, to combat organized prostitution activities and to lessen the nuisance to members of the public that 'vice activities' may cause." A more pressing goal, however, is to catch the men who are killing Hong Kong's prostitutes...