Word: burnings
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...multichannel dotcoms cheerily dip into bottomless parent-company purses, e-tailers that used to burn cash like a yuletide log have turned into Scrooges--slashing costs, scanning the bottom line and praying fervently for a Christmas Future. Sites such as eToys, whose stock has dropped 94% in a year, openly admit they will need cash transfusions by the end of 2001. "We need one more round of financing to break even," says Toby Lenk, founder of eToys. That's why grabbing an impressive chunk of the estimated $12 billion being spent online this November and December is "absolutely critical," adds...
...none other than Harvard University appears to be following suit - sort of. Last week Harvard posted a paper on the admissions section of its website entitled "Time Out or Burn Out for the Next Generation." It is less a research study than a doomsday screed. The paper recounts horror story after horror story of stressed-out kids being foisted with consultants to get into elite grammar schools "with lower admission rates than Harvard" and being booked themselves solid with exotic hobbies and activities in order to wow admissions officers. The paper goes on to forecast a generation of thirty...
...time to sort out. But by last week the conduct had become so reckless that patience required some courage and faith; reasoned arguments about fairness were drowned out by angry mobs charging that Gore was "the Commander in Thief," a "chad molester," even as Democrats charged that Bush would burn down the White House before he'd let Gore live in it. The uniform code of conduct in a democracy--the assumption of good faith that allows politicians to quarrel one day and compromise the next--was sacrificed to the reality that only one of these men can be President...
...earth," he says. "So each morning we lit incense for good luck. Well, we had dreadful luck--it rained sheets, nonstop, ruining our schedule. After a while one of the local people came around and said the gods must be smiling on us. We asked why. 'Because you burned the incense,' he said. 'We burn the incense when we want it to rain...
...that coverage guaranteeing you'll have enough money to rebuild your house is disappearing? That's what my Allstate agent told me a few weeks ago, and I was floored. Isn't the main point of homeowner's insurance to ensure that you can replace your house should it burn down...