Word: prevention
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...Consumers and businesses who believe prices will fall forever may hasten a depression by deferring purchases. Deflation, however, may be the only floor that the economy can hit to prevent the global financial system from entering the worst period in over a century...
...Despite what Obama has promised, Oberstar is the first to admit that there is no real way to prevent projects like the Bridge to Nowhere, the controversial $185 million earmark requested by former Alaska Senator Ted Stevens for an island with a population of 50. Though the bridge was never built, the earmark became a symbol for congressional excess and waste. Transportation, as such a local issue, lends itself naturally to earmarks, and Oberstar's committee is a bit infamous on the Hill as a friendly home to such pork-barrel projects. But Oberstar is in constant contact with Obama...
...rest of Obama's stimulus will be New Deal-style government spending on needed goods and services, often with modern twists. That means smart meters and weatherization programs to prevent wasting energy; transmission lines and solar panels to promote alternative energy; green school buildings and sewage-treatment plants; wetlands restoration in the Everglades and coastal Louisiana; repairs for aging dams, bridges and airports - plus broadband networks, research, job training and, as Obama has suggested, anything else that seems like a good idea. This is an ideal time for the government to spend money on infrastructure, because labor and equipment...
...aftermath of ferry disasters, while blame is usually assigned, little is done to prevent recurrences. Asian government officials say there is widespread awareness that maritime safety ought to be improved - but that budget constraints and bureaucratic roadblocks impede progress...
...country's 35,000 km (21,747 miles) of coastline. In a Dec. 14 accident, when the MB Mae Jan, bound for the town of Aparri, capsized, killing 45, there was no coast-guard detachment present in the area, so there was no one to review the MOSD or prevent the overloaded vessel from sailing. "That's really the problem that we have," says Gimotea. "To regulate, I really believe that the numbers should be increased to monitor these violations...