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property, which lessens funds needed for capital improvements like more schools, better sanitation.
The only solution is public works - providing the cash desperately needed for capital investment.
In the current corporate borrowing spree, the money borrowed has been far in excess of what was needed for capital spending, notes Paul Kasriel, the chief economist of Northern Trust.
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The constructed wetland system has not gained much popularity due to large land area requirement, clogging of beds and need for capital investment.
Banks' need for capital is not yet satisfied and there is mounting concern that investors are less willing to inject cash into sinking assets (see article).
In one day nearly 800,000 sheep and goats will be killed - with 250,000 needed for the capital alone.
They are difficult to maintain in hard times, but they are always needed for potential capital.
It's time to generate the revenues needed for mass transit capital, operations, and maintenance.
At that time, ministerial approval was needed for a share capital increase beyond 2 billion lire.
"There is a sophistication needed for managing a capital program of this magnitude that is lacking".
(The city's pre-Sept. 11 needs for normal capital projects total nearly $20 billion).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com