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Word: worthyes (lookup in dictionary) (lookup stats)
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In the past weeks and months, governments around the world have been attempting to fight the economic crisis with monetary and fiscal measures. On the monetary side, even prudish authorities like the European Central Bank have joined the U.S. Federal Reserve and the Bank of England in slashing interest rates...

Author: By Pierpaolo Barbieri | Title: Don't Buy American | 3/5/2009 | See Source »

But protectionism does not creep into measures to fight the global downturn only because of the haste with which they fly through legislatures. Even in the 21st century, there are people who actually believe that “Buy American” clauses are a worthy cause. When asked by...

Author: By Pierpaolo Barbieri | Title: Don't Buy American | 3/5/2009 | See Source »

It is true, as McCain pointed out during his unsuccessful effort to delete all the earmarks in the spending bill, that earmark abuses have landed politicians like former Republican congressman Randy "Duke" Cunningham in prison. Those abuses were especially rampant when congressmen were permitted to slip earmarks into legislation without...

Author: /time Magazine | Title: Obama's Budget: Earmarks Aren't the Real Problem | 3/5/2009 | See Source »

That's a shame, because this is an interesting budget. It was originally drafted last year, but congressional Democrats didn't want to send it to President Bush, so it will only fund the government from April through September. Still, it's a real window into their priorities: a 21...

Author: /time Magazine | Title: Obama's Budget: Earmarks Aren't the Real Problem | 3/5/2009 | See Source »

The town of Desert Hot Springs doesn't offer much besides bland housing tracts and windmills spinning lazily alongside the highway, but there are plenty of worthy sights nearby, among them the stunning Joshua Tree National Park and Palm Springs' cluster of Frank Lloyd Wright buildings. But when a place...

Author: /time Magazine | Title: Escape to Desert Hot Springs | 3/5/2009 | See Source »

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