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This is partly because in 1997 the new Labour government made metering voluntary: a policy that was bound to fail, because the only people likely to volunteer to have a meter installed are those who think they consume less than average and will receive lower bills.
ECONOMIST: Private passions
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Brand new cash funds government policy because the Fed can buy the newly-issued debt (indeed, they own the largest share of government debt).
FORBES: Nobody Understands Debt--Including Paul Krugman
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Now the reason Morgan Stanley has been taking a keen interest in all of this is because of the noises coming out of the Financial Policy Committee - the new macro regulatory arm of the Bank of England currently working in an informal capacity but soon to have statutory powers - that the capital banks hold against mortgages is too low.
BBC: Are banks taking dangerous mortgage risks?
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"Because the macroeconomic situation is still bad, we are expecting there might be some new policy coming out, " said Linus Yip, strategist at First Shanghai Securities in Hong Kong.
NPR: Asia Stocks Up On US Company Earnings, Home Sales
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Because meddling in the elections of democratic allies is not good policy, I hope our new president prudently waits to make a post- election date to reassert our special relationship with whomever the British choose as their prime minister.
CENTERFORSECURITYPOLICY: Safire makes the case for a missile defense for allies and US
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In his testimony, Rusco acknowledges that the new policy, if it were legal, would help protect the government from lawsuits because it calls for an interim storage facility.
FORBES: New U.S. Nuclear Waste Policy May Be Illegal: GAO
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Dennis Culhane, a professor of social policy at the University of Pennsylvania, said New York is "relatively anomalous" because of a court-mandated right to shelter.
WSJ: Homeless Blame Game
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Maybe we want to sell a car because we want to purchase a new one or already have and want it out of the driveway and off the insurance policy.
FORBES: Seller beware: don't give away the store when selling