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Six years ago, lawyer-banker-scholar Charles Morris wrote a prophetic book - 'Two-Trillion-Dollar Meltdown: Easy Money, High-Rollers and the Great Credit Crunch' - that foresaw the 2008 Great Recession before it clobbered America and the world. Now Morris has reversed course and sees good times ahead. His forthcoming book, 'Comeback,' predicts that surging U.S. energy independence will bring a buoyant rise in American manufacturing and jobs.
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In linguistics, the comparative method is a technique for studying the development of languages by performing a feature-by-feature comparison of two or more languages with common descent from a shared ancestor, as opposed to the method of internal reconstruction, which analyzes the internal development of a single language over time.
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The expert predicted that America's gross domestic product will return to more than 3 percent yearly expansion. For example, Dow Chemical is investing $4 billion in Texas plastics production that will be operational by 2019. Such growth requires cheap oil and natural gas - and "by 2022 or so, the United States will surpass Saudi Arabia in oil output, and Russia in gas." He continued: "The big attraction is the low price of natural gas, the lowest-carbon fossil fuel, which can be produced profitably at about a third the price per unit of energy as other hydrocarbons. That is particularly attractive to chemical companies. It is the raw material for plastics, Styrofoam, tires, sealants, adhesives, films, liquid crystal screens, nylons, polyesters - nearly everything around us."
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"Democracy's real test lies in its respect for minority opinions." - Ellery Sedgwick
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Longtime Attorney General Darrell McGraw was a fierce enforcer of state consumer protection laws, winning billions from firms and fly-by-night outfits that committed consumer violations. For West Virginia illness and death caused by cigarettes, McGraw won two lawsuit settlements from 23 tobacco firms for $1.7 billion and $200 million. In 2002, McGraw won $56 million from 15 coal companies that used "independent contractors" to duck state workers' compensation obligations.