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A prudent government should create fiscal room now to cushion a possible hard landing later.
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Acknowledging that Europe's banks still need billions of euros to cushion against a possible default by Greece, the leaders of Germany and France announced on Sunday that they would have a package of reforms by the time leaders of the Group of 20 nations meet in early November.
A1 Bush Contingency Plans Gov. George W. Bush has taken steps to cushion himself against a possible loss in New Hampshire by intensifying advertising and organizing in states where he had not planned such heavy early investments.
The humbling move came as Chancellor Angela Merkel of Germany and President Nicolas Sarkozy of France acknowledged that European banks still needed billions of euros more to cushion them against a possible Greek default.
Locked in a tight race with Senator John McCain four days before the nation's first primary, Gov. George W. Bush has taken steps to cushion himself against a possible loss here by intensifying advertising and organizational efforts in states where he had not planned such heavy early investments.
However, as the area of impaired outflow tract cushion closure in Robo1/2 double mutants was located in the neural crest derived part of the cushion, this still indicates a possible other role for the neural crest in the development of the membranous septum defects.
The council also set aside $1 million as a possible cushion for the cash-strapped golf course, bringing the total package $2 million — far more than the roughly $567,000 in proposed cuts to public services as City Hall works to close a projected $8.7-million 8.7-millionfor next fiscal year.
The minimum amount of capital banks must hold as a cushion against possible collapse is rising from 2% to 7%, although bank analysts in the City noted that all UK banks – and many elsewhere in the world – already passed this threshold.
"That's why we've been pushing for banks to pay out less to their shareholders and employees and instead retain profits as a cushion against possible losses.
The FDIC needs a larger amount of private capital to give it a larger cushion against possible future losses before it has to write the check.
Put together a budget for these needs, with an extra cushion if possible.
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