Word: basics
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...This basic error, born of folly, ignorance and greed, is the biggest cause of the mess we are now in. It was compounded by other factors. A system of remunerating bankers with fat bonuses based on the volume of business done, irrespective of the quality and future profitability of that business, did not help. A variation of Gresham's Law was also at play, with imprudent lending driving out prudent lending. This tends to occur as responsible institutions see their market share fall while those of irresponsible institutions rise, and decide to emulate the reckless practices they previously eschewed...
Kevin Casey, Harvard’s senior director of federal and state relations, called the move “disappointing for those of us who have been working for an increase in NIH funding and other basic research and education funding...
...Bush Administration, Olmert, who replaced the ailing Sharon in 2006, has been quietly engaged in a revival of negotiations with Arafat's successor. Like Olmert's willingness to enter those talks, his swan song amounts to an admission that Israel never went quite far enough in accommodating the Palestinians' basic requirements for peace...
...from India and China, will negate any benefits of offshore drilling. While H.R. 6899 contains several notable measures designed to move the United States towards a cleaner and more renewable energy profile, it is important to remember that the simplest way to address the energy issue to tackle the basic problem: Seventy percent of American oil consumption goes into the transportation sector. Given that the United States currently has the lowest automobile fuel-efficiency standards in the developed world, we need a combination of more stringent regulations, such as closing the “light truck” loophole...
...think it’s important for kids, especially in the Kennedy School, to try and get out and engage in community work at a very basic level,” said Jayant Kairam, one of the Kennedy School student volunteers...