Word: risk
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...base those prophesies on a shipping product, you have an anchor to ground your speculations. But when you point out that Apple didn't include olfactory sensors in the initial iPad, and thus has fatally condemned us to a future of smell-impaired computing, you run the very real risk that Apple will launch a Sniffer app the next week and render all your theories obsolete. (See a gallery of Apple's hits and misses...
What should Washington be doing? We need to do something about firms that are too big to fail. These firms have become loss transmitters and accelerators to the rest of the system. We need to distribute the risk, not concentrate it in a few very large players. There are a number of ways to do that...
...break up the biggest firms? I'm a Republican and a former Wall Streeter and don't favor government intervention in markets. But I can see where breaking up the banks would be a positive for the free markets. We want a system where firms are able to take risks, but we have to protect ourselves from the risks eating us alive, which can happen when the risks are concentrated in just a few banks. Breakups would distribute risk over a greater number of players and would probably be good for the banks as well. Most financial firms are trading...
...outright opposition to the stimulus was a huge risk: after all, if the bill worked - and many independent economists believe it did manage to stave off a far worse recession - they could be seen as having been on the wrong side of history. As members wandered in and out of Cantor's conference room on the third floor of the Capitol that Monday, a consensus began to form. "The lesson learned from the stimulus vote was our members felt comfortable in taking that political risk against a popular President if we had a credible alternative, and we did," Cantor says...
...difficulty is that any compromise would almost certainly have to involve Khamenei moving against Ahmadinejad, initiating a process within the political system that would involve the incumbent either being ousted or having his power considerably diluted. The leaders of the opposition risk losing the backing of their supporters in the streets if they are too willing to reconcile themselves with Ahmadinejad, given all the blood that has been spilled over the past six months. (See TIME's Pictures of the Week...