Word: spend
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...Swedish example offers one way to minimize such "moral hazard" and potentially recoup some of the funds taxpayers are being asked to spend to help get the credit markets rolling again. The idea, says Lundgren, is not to just give money, but "to get some ownership (in return), and eventually be able to get some revenue back." By taking a stake in its enfeebled banks, Sweden was able to minimize the taxpayers' burden in the long...
...student achievement, schools should utilize pay-for-performance systems in the short term. In the long term, however, rewarding an increase in performance with pay may not be sustainable. Rather, more fundamental changes must be made, such as raising teachers’ salaries. For the amount of time they spend in the classroom, creating lesson plans, grading homework, and working to make sure their students succeed, teachers are grossly underpaid and underappreciated. An increase in salary would not only make the field more compelling for qualified college graduates but would also help to mitigate attrition rates due to teacher burn...
...whether or not the bailout stabilizes the housing market - the better the U.S. economy, the smaller the bailout will cost taxpayers. And it also depends on how the final bill is worded - the initial draft included ambiguous language that some observers have argued gives the Treasury power to spend more than $700 billion, as long as it isn't holding assets worth more than that at any one point in time...
...first to set up an award for non-Japanese cartoonists, the ex-foreign minister has gained the support of young voters. His characteristic off-the-cuff remarks win him the image of a gruff political straight shooter - he admits, for instance, that he is "prone to pork-barrel spending," but says that to reinvigorate Japan's economy he plans to spend more to stimulate domestic demand. "The economic situation is getting tough," said Aso on Sept. 22, the day he was elected to lead his party. "The biggest mission given to me is to resolve this, and I plan...
...were taken into custody. The country's Law Minister Zaid Ibrahim resigned in protest of the arrests, and two of the trio were released within days. But on Sept. 22, Raja Petra Kamaruddin, the founder of influential online news site Malaysia Today, was directed by the Home Minister to spend two years in a detention center for inciting racial hatred. Because Raja Petra's case came under the auspices of Malaysia's draconian Internal Security Act (ISA), a colonial-era relic used by the British to try to clamp down on insurgents without due process, the jail sentence was handed...