Word: panic
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...legislature to thank them for cheap T shirts; any group of workers in the industrialized world whose job has just been "lost" to China's Pearl River Delta can be assured of a hearing on the evening news. And just as in the 1980s, when U.S. legislators had panic attacks after Japanese investors overpaid for everything from Hawaiian beachfront hotels to the Rockefeller Center, the foreign ownership of key domestic industries is promoting a backlash. "Countries are still trying to keep some poles of industrial strength within their economies," says Courtis. "I wouldn't have any problems whatsoever...
...Such numbers persuade Goldin that globalization's boosters should not panic. Recent events that stress the rebuilding of national economic walls, he says, "are tiny compared to the overall trends in investment, trade, tourism or other forms of interchange." Sometimes, to be sure, complaints about trade and foreign ownership mask other issues. Thais may have marched on the Singapore embassy chanting "Thailand's not for sale!" but it was Thaksin, and his windfall from the sale of Shin Corp., that they had in their sights. "If [Singapore] took over a glass factory," says Kasit Piromya, a former Thai ambassador...
...Public Broadcasting Service and ten-time presidential debate moderator, was also honored yesterday with a career award for excellence in journalism. In his acceptance speech last night, Lehrer said that traditional journalism is in “a moment that in many ways is a moment of absolute panic.” Lehrer cited the rise of internet-based media like blogs and the loss of public trust as potential threats to the news business. But Lehrer stressed that the current crisis was “fixable” with more transparency and “a little humanity...
...Scientists and government officials are usually supposed to calm people down, but these authorities seem to be trying to provoke greater fear, even a little panic. This is not necessarily such a bad thing, says Peter Sandman, a risk communications consultant based in Princeton, N.J., who has advised HHS officials in the past not to be too concerned about alarming the public when trying to educate them to a new danger...
...Sandman argues that it?s hard to rouse folks from their usual day-to-day routine to prepare for a new threat without also triggering alarm. Besides, a little bit of panic helps folks prepare emotionally for what the future may hold. It?s a necessary kind of "adjustment reaction," he says, that allows folks to think about what they can and cannot do, so that when the crisis comes they don?t just dissolve into despair and inaction...