Word: alongism
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Dates: during 2000-2009
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...firms to avoid pay restrictions like the ones imposed on AIG executives. These traders have decamped to hedge funds and private equity firms. In their new jobs, they can take advantage of the government's programs to buy newly financed assets and, if the value of that paper improves along with the market's liquidity, the profits from the transactions could be stupendous. As the value of toxic assets comes full circle, many of the people who helped break the system can make huge sums while they help...
...long-established practice for medical providers such as hospitals and physicians to charge uninsured patients higher prices than patients with health coverage for the same care. (Insurers can negotiate cheaper prices through contracts and because of volume.) What the new study suggests, though, is that providers often pass along the cost of treating the uninsured to their insured patients. Its analysis found that families pay, on average, as much as $1,100 extra and individuals $410 extra in health-care premiums each year in order to cover the cost of treatment to uninsured patients who cannot afford to pay their...
...heritage colors of carrots. We can our tomatoes and we use huckleberry syrup that we've made in the summer. We just think about food differently. And we have the wealth of knowledge of how to do this from the cuisines around the world. I look along my latitude and I can find people in other countries who are so imaginative with the way they eat in the cold months...
...villagers challenged local officials over the course of several months. When their demands to be heard were ignored, they stoned Communist Party cadres, attacked their offices and homes, and held officials hostage for days. The national government eventually took charge, disciplining local officials and sending some to jail, along with some of the farmers. The following year, a national law known as Decree 29 was passed, allowing for more participation in local decision-making and giving citizens more opportunities to vent their grievances to commune-level officials...
...Tien was eventually let go when another officer came along and defused the situation. But he is not alone in his rage. In southern Kien Giang province in December, angry villagers threw flaming gasoline canisters at police commandeering their property and briefly held three of them hostage, forcing one to disrobe. Last year, farmers in Hung Yen province battled authorities trying to seize their land and resell it to developers. "Men, women and children fought back with their bare hands, with mud, with anything they could grab," said Nguyen Dinh Liem, who was working in his rice paddy when police...