Word: scheme
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...Congress. The Corps is funded almost entirely by "earmarks,? specific projects requested by specific Congressmen, so there's no way to prioritize between national emergencies (such as stronger levees to prevent a Katrina-style catastrophe in Sacramento) and preposterous pork (such as a notorious $459 million flood-control scheme for Dallas, a study of a $3 billion dam on the Susitna River that Representative Don Young wants in Alaska, or the seven water and sewage treatment projects that Senate Majority Leader Harry Reid tucked into the bill for Nevada.) The Senate considered an amendment that would have required prioritization...
...payments that initially are significantly lower?" asks Johnson. With home values increasing by double digits annually, "people began buying houses they couldn't afford under the theory that the more house you buy, the more wealth you have once it appreciates," he says. "It's kind of a Ponzi scheme on a mass scale. But there has to be an end at some point...
...Palestinian rift that runs through the heart of the PA is made that much more difficult by the Quartet's refusal to deal with Hamas. In a speech last week, President Bush announced a plan to continue Hamas's international isolation, while lavishing money and weapons of Fatah - a scheme that few observers in the region believe is likely to bring peace any closer...
...that Caterpillar is waiting for regulators to drive its business. To attract old parts otherwise headed for the junkyard, the company has devised a trade-in scheme that gives customers an incentive to return worn-out goods to its distributors. If the part is deemed remanufacturable, the customer gets an already remanned replacement at a fraction of the cost of a new one. Cat is also a service provider, advising other manufacturers how to set up a similar system, or in some cases actually running their reman efforts for them. In Europe, for instance, Cat helps Land Rover manage...
...bicycle parts. The $2 a day she takes home allows her to send three of her 12 children to school, while her husband John seeks out odd domestic jobs in the middle-class estates within walking distance of their home. Thanks to her enterprising spirit and a community-savings scheme, she can obtain small loans to keep her business going or cover the costs of a family emergency. But Margaret knows no matter how hard she works, her family members will probably live out their lives in a one-room tin shack with no electricity, water or sewage. They...