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...systemic risk, the FDIC would get the power to take over and wind down non-banks, most over-the-counter derivatives would be forced onto exchanges, and capital requirements would be ratcheted up across the financial system. But the current alphabet soup of regulatory agencies would remain mostly in place, and there will apparently be no effort to break up too-big-to-fail financial institutions or cordon off risky financial activities from essential ones (as the Glass-Steagall Act attempted...
...past few years, the moon has once again become the hot place to go. Three countries with little spacefaring history - Japan, China and India - have all sent probes moonward since 2007, and China in particular has made it clear that it plans to return, first with more robot ships, then with astronauts. (See a photo-essay of the world's most competitive space programs...
Just as important for choosing where to homestead is knowing the local weather - or at least the local temperature. Nobody pretends that the moon will be a thermally comfortable place to live, but few people realize just how punishing its climate extremes are - a torch-like 250 degrees Fahrenheit (120 Celsius) during the day and a paralyzing -382 Fahrenheit (-230 Celsius) at night. What's more, says Garvin, "the moon goes through this dance every 28 days." Those kinds of cycling extremes can be murder on hardware, and until we know more about the hot-cold rhythm...
...Aides said the affair took place from December 2007 to August 2008 with former aide Cynthia Hampton. She is married to an aide in Ensign's office, Doug Hampton...
...Eliot Engel, who chairs the subcommittee, said there should have been an anti-gunrunning strategy in place since October 2007, when the U.S. and Mexico agreed to the joint cartel-fighting Merida initiative. "It is mind-boggling that for a year and a half, we have had no interagency strategy to address this major problem, but instead have relied on uncoordinated efforts by a variety of agencies," Engel, D-N.Y., said in a statement...