Word: problems
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...Federal Reserve says the stress tests were a one-time thing and it has no plans to do them again. One problem with regularly repeating the tests is that they are expensive and time-consuming. The current one took 150 bank examiners six weeks to complete. Bert Ely, a bank-industry consultant, says bank executives don't want the stress tests to return. While Ely says he does believe the stress tests have influenced how regulators will view banks in the future, he's not sure he sees the point in them. "This is the government trying to steer business...
Still proponents of doing the stress tests say there is an easy way to remedy that problem: do the tests again. As the economy worsens, you could apply more adverse economic conditions to see if the banks hold up. If the economy improves, revised stress tests might also tell you when it is time for the government to pull back the federal assistance it has lent the banks...
...Gore's problem is that in this economic climate he cannot get himself arrested even for chaining himself to the entrance of a coal-fired electrical plant. The interest in supporting policies that will improve the environment is trumped by the necessity of corporate survival. (See pictures of Al Gore's American life...
...difficult times and on occasion this might trigger a hunt for scapegoats to blame for the economic crisis. But in the end, the only thing that will get us out of this mess is to pull together - legal and illegal, American and non-American. This is a global problem, and massive deportation will only make things worse. Where do you think these deported immigrants will find jobs? Maybe with the drug gangs south of the border? Or perhaps with the pirates off the coast of Somalia? Let's not forget that a newly recruited pirate, extremist or mercenary...
...Others believe the problem lies in the upbringing of children born after the fall of the Soviet Union. "Students today are more interested in money and dancing," says Yuri Bogomolov, 79, a former scientist at a Soviet-era aerospace lab. "We have a lot of patriotism, but the U.S. has a lot of money [to put into its space program]," he adds as he watches a clip from White Sun of the Desert, a Soviet action-adventure film that cosmonauts traditionally - and superstitiously - watch before blasting off, ever since Gagarin watched it and returned alive from his first space flight...