Word: belief
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...where sentiment may be trumping economics, given that the market there has already tripled in the past three years. "All India's ducks are in a row right now," says Amit Tandon, managing director of Fitch Ratings India in Bombay. "There is a perceptible change in outlook and self-belief." That sense of exuberance isn't limited to India. They're feeling pretty good about themselves in Tokyo, Jakarta and Seoul, too. Central bankers the world over may be worried about the euphoria in equity markets getting out of hand, but this party may last a while...
...noise could be just a passing truck and nothing to lose precious sleep over. Delineating how we react to an earthquake is just one example of the cognitive imperative described in Six Impossible Things Before Breakfast, British scientist Lewis Wolpert's enquiry into the evolutionary origins of belief. If the theme sounds familiar, that's because the search for scientific roots of religious faith is a hot, and heatedly debated, issue of the day. In his 2004 book The God Gene, U.S. molecular biologist Dean Hamer claimed to have located one of the genes he said was responsible for spirituality...
...Rice did her best to shrug off the catcalls, stressing her belief in the necessity of the Iraq war and even trying to spin the demonstrations as support for the Bush Administration's "freedom agenda." ?People have the right to protest,? she said at one point. "That's what democracy is all about. And I'm just delighted that in more and more of the world, those rights to speak your mind are being extended to other people for whom that right has not been there...
...earlier surge in illegal immigration, Congress passed the Immigration Reform and Control Act of 1986, which provided that employers could be fined up to $10,000 for every illegal alien they hired, and repeat offenders could be sent to jail. The act was a response to the widespread belief that employer sanctions were the only way to stem the tide. "We need employer sanctions to reduce the attraction of jobs in the U.S.," an INS spokesman declared as Congress debated the bill. When President Ronald Reagan signed it, he called the sanctions the "keystone" of the law. "It will remove...
...Popular belief has it that illegals are crossing the border in search of work. In fact, many have their jobs lined up before they leave Mexico. That's because corporate managers go so far as to place orders with smugglers for a specific number of able bodies to be delivered. For corporate America, employing illegal aliens at wages so low few citizens could afford to take the jobs is great for profits and stockholders. That's why the payrolls of so many businesses--meat-packers, poultry processors, landscape firms, construction companies, office-cleaning firms and corner convenience stores, among others...