Word: turning
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Dates: during 2000-2009
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...crises and opportunities that await us, and grow cognizant of the fact that large-scale violence can be so dangerous to humanity so that we become "aware of the need for a radical change in attitude." Whether his predictions are worth taking seriously or not, they all inevitably turn on the endless capacity of human resilience - a notion that appears to be the only true constant for the future, and the most reassuring...
...developing the neighborhood, saying they feel jilted by Harvard’s change of focus. “The Science Complex is a promise that was broken to us,” said State Representative Michael J. Moran, whose constituency includes Allston, Brighton, and Brookline. But the sharp turn of events, precipitated by an unprecedented economic downturn that has wreaked havoc on University finances, has also served to rally diverse community interests around a common cause. “Where I think everyone has really come together lately is to say the Science Complex really can?...
...organizing an equal-marriage suit in Iowa, gay-rights groups demonstrated a remarkable understanding of who Midwesterners really are. Marriage Equality USA, discussing the significance of the Iowa decision, explains that “we know in our hearts, it is only a matter of time for America to turn its back on this history of discrimination against same-sex couples.” We’ve known it in our heartland for a while...
Imagine taking out a life-insurance policy, not on yourself, but on a sick man who lives down the street. That way, if he dies, you’ll be sure to turn a profit. This is but one of many bizarre features in the world of credit default swaps—a financial instrument that crippled our global economy. While many different events and policies contributed to the financial crisis, it is safe to point a finger at credit default swaps. The U.S. government should decisively regulate these complex financial instruments...
...CDSs that back investments in mortgage-backed securities, this is especially potent. There is no way to insure a disaster that in turn causes other disasters. It would be like providing health insurance when one heart attack induces a chain of other heart attacks in the population. Therefore, the government must regulate CDSs to guarantee that insurance firms have the capital to remain solvent...