Word: badness
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Banks are still full of bad news. Why are the stocks showing such strength? We've seen unprecedented liquidity being put to work in the U.S. on behalf of financials, so it was only going to be a matter of time before banks started to rise. Also, many investors have been so focused on the short term - all the recent steps taken by the Federal Reserve and the Treasury - that they have forgotten that the bank assist started in August of 2007 when the Fed cut the discount rate and opened the lending window to a wider list of financial...
...country where death squads operate with impunity and where only one in 10 homicides reach court, human-rights groups worried that the killings were a throwback to the bad old days when police took matters into their own hands. "We had two fears," says Eloisa Machado, a lawyer with the Conectas human-rights organization. "That public-security officers had abused their power and summarily executed people, and that these cases would be hushed up." She then claims, "Unfortunately, both these fears have been confirmed." (See pictures of São Paulo's attempts to clean itself...
...Everyone has issues, and there are good ways (i.e., having a sense of humor) and there are bad ways (i.e., having hallucinations) to deal with them. Some other good ways to deal with your problems: helping others, learning to anticipate and plan for future challenges, suppressing your attention to conflicts until it is a more appropriate time to deal with them, and/or channeling your negative energy into outlets like sports, arts...
When times are good, California's diverse economy generates ample tax dollars, especially from income taxes on high earners. But when times are bad, the state's overreliance on income taxes can push the state's finances quickly into the red. Whatever the outcome of Tuesday's vote, Californians are bracing for sharp cuts in programs and services from their state government - and they will have to figure out how to recover from this fiscal earthquake...
...Pays to Pack Light. The good news is that Air Jamaica will allow passengers to check their first bag free. The bad news is that your second check bag will now cost you $25. Worse yet, your second bag won't be on the same flight with you to Grenada or Barbados. It'll be sent within seven days, and you'll have to go back to the airport to pick...