Word: rails
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Dates: during 2000-2009
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...course, bike lanes, electric buses and light-rail extensions are even more efficient than road repairs when it comes to fighting global warming, volatile gas prices and our addiction to foreign oil; transit projects also create 9% more jobs. Then again, transit projects like high-speed rail lines and subway stations tend to take more time to build than roads or repairs. And while a recent study calculated that the average dollar spent on infrastructure ricochets into $1.59 worth of short-term growth - a bit better than aid to states or broad-based tax cuts and a lot better than...
...this, and it's a reach to get to $100 billion." Obama and his team are starting to sound irked by demands for more. Why retrofit only 75% of federal buildings? Uh, it's not exactly cost-effective to retrofit a particle accelerator. What about more high-speed rail? Wonderful, if there were more projects ready to go. Why stop at weatherizing 2 million homes? Sorry, there are only so many guys who know how to use caulk guns...
...temperatures dropped to record lows outside, freezing rail lines and bringing mass transport to a halt, Merkel has huddled with her political allies and opponents alike to hammer out a new approach. The shift comes after a raft of bad economic news, with the government now pressing ahead on a number of fronts. Merkel's coalition nearly doubled its stimulus package to €50 billion this week and is drafting plans for a €100 billion Germany Fund to provide credit for midsize businesses. And Commerzbank, Germany's second biggest bank, has said it is to be partly nationalized...
...lone surviving gunman, according to police sources, spoke of how, in the remote jihadi training camps where he was indoctrinated, instructors would rail against the sinful city of Mumbai, decrying its excess and materialism and corrosive foreign influences. The worldly aspirations of Mumbai's diverse millions, they said, would be cowed by a spectacle of fire and brimstone. In the immediate aftermath, the attackers appeared to have gotten their way. All hope did seem abandoned amid the din of public grief and fury with a government many felt incapable of protecting its people...
...American travel and remittances to Cuba. That could (and should) be the first step toward dismantling the ill-conceived, 46-year-old embargo (which Obama surely knows is also the aim of many pro-business Republicans in Washington). Either way, such gestures make it harder for the Castros to rail against gringo imperialism. For his part, Raúl Castro recently told actor Sean Penn in an interview for the Nation magazine that he and Obama "must meet" in a neutral place "and begin to solve our problems...