Word: waterous
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...stays above $60 a barrel, governments won't have to cut their budgets, says John Sfakianakis, the chief economist at Saudi's SABB bank. And jitters on Wall Street could sharpen the eyes of Arab regulators for the kind of irrational exuberance that got American investors in hot water. "The unscrupulous spending of the past will be slowed in the months to come, which will have a positive impact overall," says Sfakianakis. "Many Gulf economies were growing so quickly that they were on the verge of overheating...
...changed over the 19 months that Petraeus has been at the helm of the Multi-National Forces in Iraq. These days, alarm over sectarian bloodletting spiraling out of control has given way to heated politicking, nascent reconstruction efforts and grumblings over the lack of basic services like clean water and reliable electricity. Still, the spike in violence over the past few days - some 70 people have been killed since Saturday - highlights why Petraeus has repeatedly said it's too early for "victory laps in the end zone...
...streets of Baghdad and other cities, there is mounting discontent over the poor delivery of such basic services such as water and electricity. The resentment is fueling growing apathy toward the political process and alienation from the government. Few Iraqis are hopeful that upcoming provincial elections will help improve their lot. Likewise, the change of U.S. command doesn't mean much to some Iraqis. "General Petraeus, General Odierno - what difference does it make to me?" said one Iraqi working near the U.S. military base where the handover ceremony took place. Maybe he, too, was waiting for General Electric...
...face interactions do: People bring the rumor to the group, they set forth hypotheses and provide information, opposing camps sometimes arise, the hypotheses are evaluated, and either a consensus is achieved or the group splinters on this point. Online rumor can travel faster and farther than the office water-cooler circle; this has implications for the rumor's accuracy. If discussion is active and people of diverse opinions engage in it, the rumor stands a fair chance of becoming accurate. If, on the other hand, the rumor tends to circulate only among like-minded people, accurate rumors seems less likely...
That's not just political double-talk. With two or three debatable exceptions, McCain has abstained from pork for Arizona, and he's been a principled gadfly objecting to the pork-making process. For example, McCain has consistently voted against Army Corps of Engineers water projects, Capitol Hill's most popular form of pork; he and Democrat Russell Feingold have fought a quixotic battle to reform the dysfunctional Corps and the haphazard process by which its projects are funded. McCain has even argued that water pork contributed to the catastrophe of Hurricane Katrina, another argument I have made. But that...