Word: problem
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There's just one problem, Congressman Cow Patty: A lot of us did eat it, including many of your constituents. The $1.2 trillion - let's spell that out as $1,200,000,000,000 - that disappeared from the stock market on Monday didn't go down a black hole in lower Manhattan. It came out of America's 401(k)s, mutual funds, pension funds and personal portfolios. We've got $17.6 trillion in retirement assets invested as of 2007. There is some $12 trillion invested in mutual funds alone (well, at least before yesterday); about...
...city, bringing in lots of people, jobs and notoriety. Ultimately, Houstonians would live to see the name of their town become the first word in two of the most evocative quotes of the space age: "Houston, Tranquillity Base here, the Eagle has landed," and "Houston, we've had a problem...
...course, there are governmental policies in place prohibiting ship abandonment: state laws fine and sometimes jail owners of derelict vessels. The problem is, there's a strong financial disincentive against retrieving and recycling sunken vessels. Dismantling a 40-ft. yacht costs an owner on average $5,000 to $10,000, but the costs can run to 100 times that amount. "You can't just crush it up into a cube," says Helton. Meanwhile, state fines for abandonment run a lot lower, as little as $100. Definitions of vessel, abandonment and ownership also vary among states, which means that ship owners...
...problem is not that there isn’t enough food, but that food is being displaced into non-food uses and the food that’s left is too expensive,” Offenheiser told the crowd in the north building of the Center for Government and International Studies...
Part of the problem, according to Offenheiser, lies in current U.S. trade, agricultural, and aid policies that threaten to push millions into poverty. He said that America’s subsidies to farmers decrease prices and force farmers in poor countries out of the market...