Word: americanization
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...reputation of the horse, owned by a Hong Kong businessman, at next month's Breeders' Cup Classic in California? After Dancing Brave won the Arc in 1986, the English-trained horse's career ended on a disappointing note at the same U.S. track. Besides, Sea the Stars, foaled by American mare Urban Sea, herself an Arc winner in 1993, could be worth $160 million if he is retired to stud. (Read "Sports: Furlongs Behind...
...item actually sells for a buck or less. We're talking about party supplies: everything from plates to wrapping paper to favors. During an economic crisis, aren't people supposed to be slouching on their couches, rather than honking on noisemakers? Apparently not. "This says a lot about the American consumer," says Timothy Reid, Dollar Tree's vice president of investor relations. "They want to keep enjoying and living their lives, but do so in a way that's cost-effective...
...previously hidden world of offshore tax shelters, which cheats the Treasury out of about $100 billion a year. Thanks to his insider information, UBS was fined $780 million, and it promised to "exit entirely" from the U.S. tax-shelter business and to provide the names of thousands of American tax dodgers, from which hundreds of millions of dollars still might be collected. It also led to new tax treaties with the Swiss that should provide unprecedented tax information in civil cases and better access to such data in criminal cases...
...Unfortunately, this "gotcha" reflex runs deep in the government, says Jesselyn Radack, a former Justice Department attorney who was forced out of the DOJ after she blew the whistle on the department's destruction of e-mails related to the Bush Administration's prosecution of John Walker Lindh, the "American Taliban." "Basically, the government doesn't like whistle-blowers, and they have demonstrated time and again mountainous bad faith - as in this case, turning a perfectly good whistle-blower-incentive law into virtual entrapment," says Radack, who is the homeland security director...
...workers have increasingly become the targets of attacks in the region as militants have tried to drive relief programs out of the area. Earlier this year, a 21-year-old Afghan fighter who had trained in Quetta, the capital of Pakistan's Baluchistan province, tried to kill four American aid workers in a car bombing in Kandahar, Afghanistan. After his arrest, Shafiq Shah gave an interview to TIME in a Kabul prison in which he described the indoctrination that young fighters receive concerning the role of foreign aid workers. "[Muslim aid recipients] shouldn't eat infidel food," Shah said...