Word: winded
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...charges companies will be making this year to get devalued assets off their books and you wind up with a projection of $48.52 a share for the collective bottom line of the S&P 500, and a p/e of nearly 20. That means stocks would have to fall considerably more before they appeared cheap...
...since the beginning of September. (By contrast, the S&P Index lost about 25% of its value over the same time period.) The cost of oil, which has driven much of the investment in alternative energy in recent years, has halved since the summer. And new green industries, like wind farms and solar-panel factories, are no less affected by the credit crunch than any other business...
...Though Cambridge city councillors are not elected by political party, the current councillors either openly identify with the Democratic Party—like Toomey, who serves both at City Hall and in the State House—or champion left-leaning clauses, like Henrietta J. Davis, who frequently proposes wind and solar energy alternatives. Indeed, the only elected official in Cambridge who is not a member of the Democratic Party is Luc D. Schuster, the one School Committee member who belongs to the Green Party...
...plan, by contrast, is a breath of fresh air in an otherwise stale debate. Obama supports a comprehensive cap-and-trade emissions reduction scheme, which would auction off pollution permits to various firms. Obama has voted for critical tax credits to the renewable energy sector, including wind and solar energy companies. Additionally, Obama’s plan to invest a significant sum—up to $15 billion—in the development of alternative energy technologies represents a much-needed departure from the failed policies of the past eight years...
...vitriol flooded congressional mailboxes. The director of the Southeastern Center, Ted Potter, told The New York Times, “I’ve never seen anything like this before in my 25 years as an arts administrator. Ultraconservatives are on the rise. It’s a wind that’s blowing...