Word: annualized
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...Oscar show needs fixing - everyone agrees on that. Ratings for the Motion Picture Academy's annual rite of self-congratulation have fallen more than 40% in the past decade, from 1998, when Titanic was named Best Picture, to 2008, when No Country for Old Men won. What for ages was the year's most watched entertainment program is now just another awards show...
...addition to the increased sales tax, personal income tax rates will go up 0.25% and the dependent credit will drop from $300 to $100. Vehicle owners will now pay an annual license fee that is 1.15% of their car's value (up from 0.65%). One increase was avoided. In order to secure Republican Abel Maldonado's vote, a 12 cent on the gallon gas tax was nixed (Maldonado also included an open-primary measure and removed a stipulation that would have cost legislators their salaries during times of overdue budgets...
...This means teacher layoffs, fewer school days and more crowded classrooms. Higher education funding will also be cut by $888 million at state schools, where students will be expected to shoulder 10% higher fees. And, according to the new budget, $1.5 billion will be saved by eliminating senior citizens' annual cost of living increases and other health services (again, depending on where the federal stimulus package is spent, this figure could drop to $500 million...
...rare slash of candor in the annual winter policy-conference festivities - the worthy caravan of world-class bloviation that migrates from the now soiled majesty of the economic wizards at Davos to the Cold War clutch of the Munich Security Conference, to the think-tanky but heartfelt attempts to reach across the cultural chasm at Doha. These conferences were not much fun for Americans during the George W. Bush years, when a solid plurality of the questions began with "How could you?" But the U.S. election promised a change, and I attended Munich and Doha this year to find...
...months to exit the base following President Kurmanbek Bakiyev's signing the bill on Friday. But Defense Secretary Robert Gates quickly said that the U.S. ouster isn't a "closed issue." He has suggested the U.S. might be willing to pay more than the current $17 million annual rent to use the base. Bakiyev telegraphed the move earlier this month during a trip to Moscow, complaining that the U.S. wasn't paying enough rent for the base; the surprising change just happened to come after the Russians, who hate the idea of a permanent U.S. military presence in their backyard...