Word: toxicants
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Dates: during 2000-2009
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...lead to a series of emotions not unlike mourning, and spouses feel that, too. You have to get through the emotional reaction. This is advice based on research of people who took 20 days and wrote daily about their feelings. By doing that, you can get rid of the toxic stuff that will leach out in your conversations with other people. You can fulminate or say ?why didn?t I? or call your boss names, anything you want. And then at the end of the 20 days, burn what you wrote. And you?re ready to get on with...
...could make it through Congress. The key issue was to get something that could pass, and quickly, as failure would produce a panic that would be unstoppable. What they came up with was the broad, three-page plan giving the Treasury $700 billion to buy back Wall Street's toxic mortgage-backed assets and eventually repackage and sell them...
...Thursday evening, however, the Fed and the Treasury proposed a more fundamental solution to the meltdown, and it curiously seems to embrace the idea of eternal return. The bailout package sent to Congress envisages the purchase of toxic mortgage-related assets from banks by a government agency directly dependent on the Treasury. It has a direct precedent in the Resolution Trust Corporation (RTC), an institution created during the Savings and Loans crisis to avoid dumping real estate assets after bank failures, and thus to avoid a further decline in real estate prices through the usage of federal funds. The current...
...theories about free market capitalism, as well as the expiration date of Reaganite de-regulation. The former is a plausible argument, but the latter rather inconsequential given the RTC precedents of the current bailout. More importantly, the plan designed by Bernanke and Paulson socializes the risk of the most toxic real estate assets, which have been polluting Wall Street balance sheets since the advent of the credit crunch over a year ago. In that way, the $700 billion bailout works just like any social security or welfare scheme, by passing costs on to the shoulders of every American taxpayer. This...
...toxic milk scandal, which state-run news agency Xinhua said has already been linked to the death of four babies and the illness of 6,200 others, has aroused anger and despair in Chinese cyberspace. And that anger has been directed not just at the producers accused of adulterating their milk to increase profits, but also at government regulators. "Xinhua was quick to blame the dairy industry for their skewed rules, but what it didn't say was that the government also played a part in that ugly game," wrote a blogger identified as sadmoon109. Outraged citizens have noted that...