Word: borrowing
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...remain outside of Iraq for the rest of the deployment and Whiteside preparing for reassignment to another unit, only six soldiers who were part of the platoon when it was constituted in Kuwait will still be in country in 2004. For missions outside the wire, the Tomb Raiders borrow soldiers from other platoons, but they have to carry out their routine duties--monitoring the radio, maintaining vehicles, staffing the battalion's Internet cafe, manning guard positions on the roof--with fewer soldiers, straining their combat effectiveness. "Maybe we don't have enough personnel," Van Engelen says. "Maybe...
...American culture, as in American politics, it was possible to assemble a case for two entirely different visions of the mainstream: one libertine, irreverent and p.c., the other traditional, devout and PG. It's tempting to borrow the electoral blue-state/red-state template and say there are two mainstreams, equal and opposite--but that beggars the definition of mainstream, no? The year 2003, we've heard, was when the swing voter became irrelevant. It could be that our pop culture too no longer has that swing...
...News borrow from all three factions, but they most resemble the radical liberals. They are defined by their opposition to the war. They are militant on most civil rights and civil-liberties issues, especially support for gay rights and opposition to the Patriot Act. They are overwhelmingly secular. Indeed, they seem to have replaced religion with cybercommunity; the monthly Meetup is their church. One of the strangest but most telling passages in Dean's recent stump speeches comes when he indulges in a romantic vision of 1968--a terrible year when America seemed to be falling apart but a time...
...government program instituted in 1999 to stimulate the domestic economy by getting thrifty citizens to borrow and spend has been too successful. Today, every working South Korean has on average four credit cards?and some 2.2 million people are behind on their payments, having rung up a staggering total of about $100 billion in credit-card debt. That's $2,000 in debt for every Korean, an amount equal to roughly a quarter of the country's annual economic output...
...government's message is decidedly mixed. Cracking down too hard on debtors could throttle economic growth. After encouraging citizens to binge borrow, the government is now in effect making it possible for some to walk away from their obligations. The Korea Asset Management Corporation (KAMCO), a public agency set up after the Asian financial crisis to dispose of bad corporate debt, recently assumed $5.48 billion in delinquent accounts from shaky card companies. KAMCO plans to write off up to 30% of the principal, extend the payment periods to a maximum of eight years and redeem the credit records of debtors...