Word: problem
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...speech in early April, Goldman Sachs CEO Lloyd Blankfein put his finger on another deeply flawed part of the system: "Too many financial institutions and investors simply outsourced their risk management," he said. "Rather than undertake their own analysis, they relied on the rating agencies." In other words, the problem is not just the ratings agencies, but the way investors - from Wall Street firms to university endowments - have become mindlessly dependent on them. That is harder...
...clunkers programs require the old cars to be scrapped rather than resold.) "There are significant environmental advantages and substantive benefits for the auto sector," says Benjamin Goldstein, a policy analyst for left-leaning think tank the Center for American Progress. "This goes right for the source of the problem, for vehicles sales...
...White Privilege, began the discussion by quoting a passage from the W.E.B. Du Bois book, The Souls of Black Folk. In this excerpt, Du Bois commented on a question that he felt Caucasians often implicitly asked of him, “How does it feel to be a problem [as an African American]?” “Maybe we should reverse the direction of the question,” Jensen said. “Maybe we should redirect it towards ourselves.” Despite the small attendance, those who did participate said that they found it enlightening...
...letter from the IRS, answer the letter. If you get a phone call, talk to the person on the phone, it's their job to try to resolve the problem. And be more or less honest on your taxes. In fact, I'd err on the side of overpayment...
...Perhaps, but it's not at all clear that internal divisions are the biggest problem. So far, in fact, unity of the congressional conferences has been one of the party's stronger suits: House Republicans voted unanimously to reject Obama's stimulus package and budget, and the Senate lost only a handful of members on the votes. "I think the Republican Party has hit the lowest point," says former House majority leader Dick Armey. "They're on their way back. It's already evident in the show of unity on the votes on the stimulus and the budget." (Read...