Word: terming
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...being as much of a problem there,” Gray said. “Harvard owns a great many commercial properties, but I don’t think this problem is going to have much of an effect on Harvard’s holdings because they are long-term and not heavily leveraged...
...budget for the 2011 fiscal year that President Obama unveiled Feb. 1 lays out a depressing picture of this country’s future. Deficits will rise to a long-term level at which they will cease to be sustainable, and unemployment will stay high for many years. Our country is on pace to follow Japan down a path of aging and debt-ridden decay, and there seem to be few good solutions on the horizon. The conventional wisdom says that after years of spending without any awareness of our limits, we must now enter an extended period...
...economy to normal employment in the foreseeable future, because this is the only solution to avert the generational and psychological catastrophe that will come with high unemployment. However, the necessity of such spending proposals does not allow us to ignore our deficit. Our excessive borrowing is a serious, long-term problem and should be dealt with by focusing on the skyrocketing costs of Medicare and Social Security instead of curbing domestic outlays that are necessary for economic recovery. But any fiscal reforms will be useless if they are implemented in a country that is permanently weakened by the loss...
...last legs, is on the march. There was a buoyant certainty among the faithful that President Obama will score no major legislative victories in 2010, that Republicans will rout the opposition in November's midterm elections and that, as Dick Cheney assured the crowd, Obama will be a one-term President. (See "A Big Tent at the Conservatives' Convention...
...Even when Haiti and international donors reach the point of working together on longer-term recovery projects, there remains a great fear that much of the billions of dollars involved will fall prey to Haiti's notorious official and business corruption. To assuage that concern, Bellerive says that what matters most to his government is that "Haitians will be at the leadership of the vision, the action plan and the implementation. That doesn't mean we have to receive the money. In fact, if that's the best way to prove we're being totally transparent, it would be best...