Word: alanes
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...those who were listening last winter when Alan Greenspan called Washington fiscal policy a "blunt instrument," for softening recessions - well, Washington fiscal policymaking doesn't get much blunter than this. Tuesday - twelve weeks to the day after the Sept. 11 attacks and nine since lawmakers promised to act on an economic stimulus package "deliberately but with dispatch" - three members from the House and three from the Senate finally got around a table to try and get something on George W. Bush's desk by, say, Christmas...
They can also watch - on video - objects being restored. Senior conservator Alan Derbyshire helped solve the mystery of the Drake Jewel, given by Elizabeth I to Sir Francis Drake. For hundreds of years no one could puzzle out how to open it, but finally the pins that held it shut were discovered when the jewel was X-rayed. Inside was - not a lock of the Queen's hair as rumored but a portrait of the ruler herself by miniaturist Nicholas Hilliard. "It was stunning," says Derbyshire. "If you look closely you can see the veins on her forehead...
After 30 years at General Motors, Alan Korpi, an auditor and a certified fraud examiner, had just 30 days to decide whether to accept early retirement. But when the last day came, all Korpi knew he wanted was a 15-day extension. Ultimately he did retire, in November 1999, relieved and looking forward to the future...
What happened? Immediately after the attacks, world leaders and central bankers sprang into action. President Bush pledged relief funds and a stimulus package, the U.S. Congress promised bailout packages, and Federal Reserve chairman Alan Greenspan flooded the U.S. markets with liquidity (read cash) and slashed interest rates three times and counting. In Europe, interest rates were cut by the Bank of England and, finally, by the European Central Bank. The terror attacks have resulted in the most pointed and pronounced response to any recession or slowdown in history. That alone could cause the global economy to bounce back fast...
...Alan Rickman might have to rethink his career. For the last decade or so, starting with his memorable turn in Die Hard, the British actor has made a nice living playing the villain in Hollywood films...