Why should warfighters have to make such a choice?
CENTERFORSECURITYPOLICY: Time for the Bush military build-up
It may be true that, in the long term, it is impossible to reduce unemployment by tolerating high inflation, that the power to make such a choice is illusory, and that nothing is lost by giving it up.
But in practice, the knowledge problem and public-choice problems make such an ideal bank an illusion.
FORBES: The Federal Reserve's Flawed Approach To Monetary Policy
Sure, the Buffet image is more complex than the public perception (he recently made a significant investment in IBM for instance, so he clearly gets computing enough to make such moves), but his very choice of examples is revealing.
The past year will remain a powerful example of how a country at such a pivotal moment can make a choice for a better future, and the responsibility of those in positions of authority to put the country first.
In such a situation, you must make the safest choice: neither the Scylla of nationalization nor the Charybdis of a keep-your-fingers-crossed free market ideology.
FORBES: Moral Hazard: The TARP Debate Is Not Finally About Numbers
But I do understand how such choices are made and believe those who make that choice should do so as safely as possible.
FORBES: When 'Study Drugs' Kill (Part 1): How Ambition Becomes Adderall Addiction
Franken's impact might be felt most on labor issues, such as the Employee Free Choice Act, which would make it easier for workers to join a union.
High dividend tax rates will cause tax conscious boards not to make that choice, opting instead for other uses of free cash flow such as debt-fueled stock buybacks and acquisitions.
The promise of stronger sales and profits will make it hard to resist tinkering with a book in response to such signals, adding a few choice words here, trimming a chapter there, maybe giving a key character a quick makeover.
Now, as its implementation begins, those critics have the choice of working with regulators to make the system safer, or simply to roll back sensible reforms, such as the creation of an agency to protect consumers from the kind of abusive practices that spawned this crisis in the first place.
应用推荐