Hatoyama now backtracking on Futenma relocation pledge
Prime Minister Yukio Hatoyama appears to be vacillating on his party's election pledge to consider relocating a major U.S. facility out of Okinawa Prefecture.(October 9) [more]
What Alan Greenspan, the former Federal Reserve chairman — and a staunch defender of free markets — actually said was, “It may be necessary to temporarily nationalize some banks in order to facilitate a swift and orderly restructuring.” I agree.
The case for nationalization rests on three observations.
Nationalization Gets a New, Serious Look
By DAVID E. SANGER
The Obama administration is dancing around a delicate question: Is the president prepared to nationalize much of the nation’s banking system?
backtrack
intr.v., -tracked, -track·ing, -tracks.
- To go back over the course by which one has come.
- To return to a previous point or subject, as in a lecture or discussion.
- To reverse one's position or policy.
dance
v.intr.
- To move rhythmically usually to music, using prescribed or improvised steps and gestures.
- To leap or skip about excitedly.
- To appear to flash or twinkle: eyes that danced with merriment.
- Informal. To appear to skip about; vacillate: danced around the issue.
- To bob up and down.
- To engage in or perform (a dance).
- To cause to dance.
- To bring to a particular state or condition by dancing: My partner danced me to exhaustion.
na・tion・al・ize
vac・il・late
━━ vi. 揺れる; (心・考えが)ぐらつく, ためらう.
vac・il・la・tion ━━ n.
vacillatevac・il・la・tion ━━ n.
intr.v., -lat·ed, -lat·ing, -lates.
- To sway from one side to the other; oscillate.
- To swing indecisively from one course of action or opinion to another. See synonyms at hesitate.
[Latin vacillāre, vacillāt-, to waver.]
vacillatingly vac'il·lat'ing·ly adv.vacillation vac'il·la'tion n.
vacillator vac'il·la'tor n.
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