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...bill has won the vigorous endorsement of law enforcement (at least six groups) who say it is a "no-brainer." As it is, federal officers are "10 steps" behind the bad guys, says John R. Ramsey, national vice president of the Federal Law Enforcement Officers Association, because they are busy spinning their wheels, serving subpoenas on third parties or conducting long-term surveillance, trying to pierce the corporate veil. Changing the rules is such a priority that these groups are willing to redeploy homeland-security funds, intended for first responders, to pay for the implementation, because they figure it will...
...year history of Wall Street. What did you learn? There is now about $140 trillion in market capitalization in the word's financial markets looking for investments. That money can now move around very easily. But even if a relatively small portion of that money goes after something - say, mortgages - it can quickly cause a bubble and a crisis. So all this good work we have done in the past few years to make our capital markets more efficient and open has also made them very hazardous, and we haven't done anything yet to address that problem. (See pictures...
...European economies aren't as big as the U.S., so the debt involved isn't as much, but when levels get too high and financing them just isn't possible anymore, the entire thing will come falling down," says Eric Grémont, co-founder of the Paris-based Politico-Economic Observatory of Capitalistic Structures. To avoid this, he and Touati both say that states must freeze their spending at current levels to speed up a return to economic growth. But when that happens, they add, governments must also start slashing budgets, reducing expensive state services and cutting jobs...
...after that? The best that Bolden could offer in his presentation Monday were vague promises of "people fanning out across the solar system," with the collaborative help of "nations around the world." Just which nations will join the U.S. and when we will all go Bolden didn't say. At several points, however, he did encourage his audience to "imagine" all of these things...
...month and a half after Copenhagen, the world finds itself in much the same place it has been for over a decade, still talking about the need to strike a grand global climate bargain. "It's fair to say that Copenhagen did not produce the full agreement the world needs to address the collective climate challenge," UNFCCC executive secretary Yvo de Boer told reporters on Jan. 20. "The window of opportunity to come to grips with the issue is closing at the same rate as before." At a minimum, the response to the Copenhagen Accord showed that the most powerful...