Word: bulking
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...Kinsley notes that Obama will cut taxes for those earning less than $250,000, which represents the bulk of the middle class, while raising taxes on the top 1% of wealth earners who have a disproportionate hoarding of America's wealth. Who are McCain and Palin speaking for, if not for this plutocratic top 1%? Obama is not a "socialist" just because he believes that the middle class has a right to exist and prosper. In my country, such a political understanding is hardly radical. It's just a reflection of what just and fair societies in this modern world...
...Such idealism drives recruits for the government-run Japan Overseas Cooperation Volunteers (JOCV), which since 1965 has dispatched more than 30,000 people to do good in 70-plus countries. Today, the bulk of volunteers are women or older Japanese who are searching for meaning in their postretirement lives. Most contribute in fields that seem typically Japanese: planting stronger strains of rice, running environmental-training programs, teaching high school math and science. Chiyoko Ichishima, 33, helps female villagers near the Ugandan capital of Kampala build a local craft trade. "When Ugandans think of Japan, they immediately think of cars...
...punch of poor returns and unhappy investors. After nearly doubling in size since 2002, to around 8,000 total funds last year, the industry is on the brink of a brutal contraction as customers - rich investors, university endowments and pensions funds that make up the bulk of hedge funds' clientele - rush to withdraw their investments. Some analysts predict that a quarter of all hedge funds could fold by the end of the year. Stephen Brown, an economist at New York University's Stern School of Business, says the final toll could be much higher. "I'd say 50% of funds...
...curtain, Faust joyfully declared the formation of a “Task Force for the Arts” before introducing the play to come. “It is my hope,” Faust said at the time, “that the Task Force will complete the bulk of its work during the 2007-08 academic year, with a final report to be submitted by the early fall of 2008.”“This marks a new beginning for a new era of arts at Harvard,” Faust declared. Her announcement stirred widespread...
...biggest problems is the way teams are funded. The bulk of the resources for top performers comes from major carmakers. BMW, for instance, contributed an estimated $200 million to its team this year, nearly six times the sum invested by Indian Vijay Mallya, the billionaire owner of Fisichella's Force India. Small teams struggle to make up the difference through sponsorship or their share of the sport's commercial rights...