Word: bashing
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...line fast enough to complain about Alan Greenspan these days. Want to bash his up-down decisions on interest rates on the op-ed pages of the Wall Street Journal or the New York Times? Take a number, and wait behind the bankers and professors. Eager to trash his endorsement of tax cuts? Expect to get his answering machine. He's on the other line talking to his old friend Robert Rubin, who put through an emergency call to Greenspan two weeks ago to try to muzzle the Fed chief's pro-slice stance...
...Chairman applying Taylor rules would be harder to bash, since he'd just be following the formula. But that would also limit the good he could do. Taylor rules, many economists say, don't work because they are reactive. They don't move rates until inflation picks up. It's like not hitting your brakes until you touch the other guy's bumper. Greenspan's rate cut in August 1998 probably saved the world from financial meltdown. Taylor's rules would have precluded the move. It's seductive to think we could build a Greenspan box, a computer...
...familiar political industry. Republicans bash the greedy trial lawyers and get campaign checks from corporations; Democrats bash amoral corporations and get campaign checks from the trial lawyers. Lots of checks - trial lawyers gave $97.8 million in the 2000 election cycle, according to the Center for Responsive Politics, with two thirds of that going to the Democrats, and they are by far the party's best-paying constituency...
...will replace John F. Bash '03, who opted not to run for re-election. Bash said he will devote his time this semester to running a new student group for those opposed to the death penalty...
After hours, the better-funded producers tap into the delights of Vegas by hosting ritzy parties for the would-be buyers. I attend one such bash, given by Pearson TV, at the MGM-Grand Hotel's reincarnation of Studio 54. The party is a scrum full of polyester-suited local TV buyers eyeing the go-go dancers and the stars of the Pearson shows. The entire party seems designed to be one of those occasional corrections of global history. This ersatz Studio 54 is filled with exactly the people who were always refused entry in the real Studio 54. John...