But no one disputes the broad thrust of Basel III, that banks should hold much higher levels of higher-quality capital.

WSJ: Agenda: Basel III��Don't We Have Enough Problems?

Education and transportation spending are bloated by union wages rates, and compensation levels for government employees are much higher than necessary to attract a workforce of sufficient quantity and quality.

FORBES: The Truth: States Can Easily Balance Their Budgets

The high levels of Sizewell C traffic would result in increased journey times, a higher accident rate and poorer air quality, the report said.

BBC: Suffolk County Council report calls for villages bypass

The spike in delinquencies are coming off historically good credit quality in 2004, they note, and the levels of delinquencies aren't terribly higher than they were in the last subprime lending crisis of 1999 to 2000.

FORBES: Overblown Fears In Subprime Land?