Word: prevention
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...experiment aimed at manipulating space-time. At the end of Season 4, the island's Einsteinian juju caused it to vanish, taking most of the castaways with it, while six escapees realize they have to return--along with a villain now allied with them, plus a dead guy--to prevent a catastrophe...
...first element will be giving money to state and local governments to offset their shortfalls and prevent them from raising taxes, slashing services and downsizing public employees. Just about every economist wants this aid approved yesterday because just as public dollars can have a big multiplier effect, public cuts that are imminent in New York, California and Florida can have a negative multiplier effect. "You can't let the safety net unravel just when people need it most," says Len Burman, director of the nonpartisan Tax Policy Center. "A lot of states have been terribly irresponsible, but this probably...
...Bush Administration, and with little indication that such usage has helped ease the flow of lending to consumers and businesses, members of Congress are loath to hand over the rest of the money without guarantees of greater oversight and transparency. And so Senate Democratic leaders are struggling to prevent their members from passing a Resolution of Disapproval of the Troubled Asset Relief Program, or TARP, which would prevent the second half of the emergency fund from flowing to the Treasury Department in the next two weeks. (See a bailout report card...
...been. Colleagues say Geithner privately acknowledges that the U.S. economy is still sinking fast and the root cause of the problem - the housing bust and ensuing credit crunch - is still very much with the nation. Critics will ask at his confirmation hearing how the incoming Administration plans to prevent things from getting even worse. His personal finances may be called into question, in light of the revelation that he initially failed to pay part of his taxes while working for the International Monetary Fund...
...Some experts, prior to the Madoff mega-swindle, were all for lesser regulation. But now they are rethinking this idea. "Registration of these funds might have helped prevent this," says Barry Barbash, a Washington-based securities lawyer with Wilkie Farr & Gallagher. Barbash was the SEC director of investment management from 1993 to 1998, the time the liberalization took place...