Word: tap
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Dates: during 2000-2009
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...estimates that 1.1 billion people around the world lack safe drinking water, a number that could reach 5 billion by 2025. Very few of them live in the U.S., however. Turn on a tap almost anywhere in America, and you'll get clean, safe water--a minor miracle on much of the planet. But you wouldn't know that from the giant plastic bottles of water that many of us haul around as if preparing for a stroll in the Sahara. Americans drank more than 8.25 billion gal. (more than 31 billion L) of bottled water...
...pollution of the skies is matched by the trash left underfoot. Fewer than a quarter of plastic bottles are recycled, leaving 2 billion lbs. (900 million kg) a year to clog landfills. Worst of all, the migration to bottled water fosters a perception that tap water isn't safe or necessary. That's dangerous at a time when aging public-water systems need investment, particularly as global warming increases the incidence of drought. Says Gigi Kellett, director of the Think Outside the Bottle campaign for the watchdog group Corporate Accountability International: "An entire generation is growing up thinking they have...
...democratic civil society. Aoun, as head of the Lebanese army in the early 1990s, launched a series of disastrous civil conflicts, while Hizballah sparked a pointless war with Israel last summer that resulted in the deaths of almost 2,000 Lebanese, many of them children. Still, both popular movements tap into the general resentment of average people who have watched as a relatively small number of Lebanese - well represented in the anti-Syria ruling coalition - have cashed in on the post civil-war reconstruction of the country...
Should you tap your nest egg to chase your dream? Here are a few guidelines...
...financing options. Before raiding your 401(k), ask friends and family to invest or lend money. They'll give you the best rate in town and won't break your legs if things go bad. See if you qualify for a Small Business Administration loan. If you tap your home equity, you'll risk losing the house. Better to draw down your retirement savings--after all, it's your money, so you won't owe anyone interest and can use any cash flow to grow the business...