Word: systemic
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...droves. The country's once shaky financial sector was cleaned up several years ago - in 2007, nonperforming loans amounted to just 3% of total bank assets - and vehicles set up to deal with China's last banking crisis still exist. In other words, Beijing thinks its financial system is strong enough to handle the risks of its very loose monetary policy...
Although you didn't define what a public option really is. I would say, actually, we defined it fairly clearly in terms of what we thought would work best. What I said was, is that it shouldn't be something that's simply a taxpayer-subsidized system that wasn't accountable but rather had to be self-sustaining through premiums and that had to compete with private insurers ... Now, if you look at the results, the 80% of all the various bills that are out there that people have agreed to reflect our - most of our ideas from the start...
...expensive hip replacement when she was terminally ill]. It was painful and personal because every family, if they haven't hit some wrenching decision like this, is going to. As you think back on that, Was that the right decision? Is this the kind of thing that a reformed system, as you see it, would change the dynamic of that decision? You know, first of all, unlike my mother, who had a difficult time with her cancer in part because her insurance was a little bit unreliable and she had just taken a new job, my grandmother had been signed...
...free market, etc., which is not at all what the real debate is about ... And I will say that this has been the most difficult test for me so far in public life, trying to describe in clear, simple terms how important it is that we reform this system. The case is so clear...
...bring the country's housing market back to health - nearly a third of home sales are now to first-time buyers, thanks to a federal tax credit and a glut of foreclosed and other cheap properties - they are constantly being reminded of how sick the rest of the system still is. The couple rattle off houses in their new neighborhood that are for sale by desperate, underwater owners. Through the Robertses' kitchen window, they can see tall weeds in the empty lot next door. Their house was built in 2005, but then the crash came. The builder...