Word: amide
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...Amid the gruesome news generated by the world's auto industry these days, this bit of information almost reads like a typo: new car registrations in Germany rose 21% year on year in February, the country's Association of the Automotive Industry (VDA) announced on March 3. This, though, was no error. The 278,000 cars put on the road, crowed VDA president Matthias Wissmann, amounted to the highest level of sales in the month of February in a decade...
...amid all that carnage, there's celebration too. The industry as a whole may be reeling from bad loans and investments, but start-ups like Reunion don't have to wrestle with those problems. Entrepreneurs like Sleaford, even in hard-hit Florida, are setting up shop with completely clean balance sheets. They've got millions of dollars in fresh capital to write loans - and to pursue borrowers cast aside by banks focused on mopping up the mess from the years of excess. "New banks see people having a tough time getting loans, plus their funding costs are cheap since rates...
...Amid all the anxiety out there, if there's a theme to the special Ideas issue this year, it's renewal. This is not false hope or irrational optimism but the power of ideas and innovation to transform the world and us. A decrepit transport system becomes the nerves of a new, greener network. A 16th century sect inspires a new generation of believers. The power of ideas is to make old, broken things work in fresh new ways. In fact, transformation is at the heart of what is going on in America and around the world...
There are really only four reactions to "Finally Tonight, Jesus...." The first, and most obvious, is unbridled laughter. Faith in the face of great obstacles is no doubt noble, but there's only so many shots of people willing themselves to see something - anything - sacred amid the profane ("His neck is right here, here's the beard, the goatee, his eye, I think that's his eyebrow, this sorta looks like a mole...") before you burst into laughter. The second reaction is something akin to, "How long did it take this person to find all these clips and splice them...
...pretty independently, doing pretty well. And, through just one event, it was, like, a domino effect - if one part of the puzzle breaks off, then everything breaks off," says Michael Levine, who coordinates social work programs for Hillsborough, Fla.'s 206,000-student school system. (See Cleveland's woes amid the current foreclosure crisis...