Word: cameleers
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Carret took risks outside the stock markets: he joined the Army Signal Corps, a precursor to the Air Force, after graduation from the College and was trained to fly the Sopwith Camel, a vintage airplane...
...that works primarily with developing and former communist countries to make their agricultural and energy systems more efficient. Local contacts always strive to give him a taste of their culture. He has eaten (by hand) a spit-roasted cow in Romania, hunted for boar in Tatarstan and ridden a camel through Mongolia. Getting the local touch often means bedding down in rather unusual accommodations. Last year, for example, he stayed in a yurt in Turkmenistan. "They wanted me to have the experience, so I stayed one night," says Kaplan. "I was sitting in the middle of the yurt, on Turkmen...
...What the man behind Joe Camel meant, perhaps, was discussions with American people who happen to be tobacco farmers. R.J. Reynolds and four other cigarette manufacturers held a closed-door meeting on the settlement Thursday with 120 growers from across the Southeast. Ordinary folk in the region haven't been forgotten: They've been saturated with TV commercials telling them why Senator McCain's tobacco bill is bad for the country. Since Goldstone and his counterparts saved a potential $500 billion by welshing on the deal, it seems they can afford to make such "discussions" a little one-sided...
...particularly tough week to be Newt Gingrich. First his defense of Joe Camel turned into the stick with which the White House has been gleefully beating him since Monday. Today he was forced to back down on campaign finance reform. The Speaker wanted to prevent a House vote on comprehensive campaign finance legislation, but as Democrats came within the 14 signatures needed to secure a floor vote by petition, Gingrich conceded, offering to allow a floor vote. "Gingrich read the writing on the wall," says TIME congressional correspondent Jay Carney. "It looked very much like he was going to lose...
...Government won?t break the back of Joe Camel -- not while Newt Gingrich warms the Speaker?s seat, anyway. And that?s good news for the White House, says TIME correspondent Jay Branegan. ?A few weeks ago, Gingrich was vowing to fight hard against Big Tobacco; now he?s back on their side,? says Branegan. ?The White House see this flip-flop as evidence that the Republicans are in the pocket of Big Tobacco, and they?re really pleased...