Word: shut
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Dates: during 2000-2009
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Should the government be bailing out troubled banks or letting them fail? I'm opposed to the government bailing out firms that should be shut down because they are basically insolvent. A firm that's insolvent should be encouraged to file for bankruptcy and rid the market of an institution that's using resources that could be better used by productive firms...
...think the auto industry should not have been bailed out? If GM was on the verge of bankruptcy, it should have been shut down. There's all this capacity in the production of cars, but there isn't a market that can absorb all that these firms are prepared to produce. If jobs are lost, then jobs are lost because these are firms that cannot exist, because there is insufficient market demand for their product. And if there is no such market demand, they should not be allowed to exist. Let the market decide if these firms deserve to exist...
...Hamburg's Geizhaus ("Das Original Discount Bordell") where visitor numbers have dropped by as much as 20% since the crisis began. "Customers who used to come to us three times a week now limit themselves to once a week." That newfound restraint has already forced some brothels to shut their doors. In the Czech Republic, where 14% of men admit to having slept with a prostitute, up to half of all sex establishments outside of Prague have closed in the past year, says Hana Malinova, director of the local prostitution-outreach group Bliss Without Risk...
Traffic lights suddenly went black in Hamburg, Germany's biggest port, on Saturday afternoon after a nearby nuclear reactor called Krümmel shut down when a transformer short-circuited. Although nobody was hurt and the lights were back on by nightfall, the accident has reignited the debate over nuclear power in Europe's most vehemently anti-nuclear country. But as Germany gears up for federal elections in September, a generational shift in attitude could mean that opposition to nuclear power isn't the vote winner it once...
...Under current laws, Krümmel is set to shut down in 2018. The Social Democrats struck a deal in 2001 with then-coalition partners the Greens to phase out the last of Germany's 17 reactors, which currently provide one-quarter of the country's electricity, by 2021. The Atomic-Exit Law was a big victory for the demonstrators who had been turning out in their tens of thousands since the '70s to protest the depositing of nuclear waste in old salt mines. (See pictures of the worst nuclear disasters...