Word: card
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...this is not post-Cold War thinking, as President Bush insists; it's Cold War thinking. A missile shield makes sense as a trump-card if you?re anticipating a large-scale exchange of missiles with a rival nuclear power. But in a post-Cold War world in which, as President Bush insists, the primary threat to the U.S. comes from "rogue states" engaged in regional conflicts with Washington or its allies, it's hard to imagine why an enemy looking to land a weapon of mass destruction on U.S. soil would choose an ICBM as his delivery system...
...what they want, a lot of the hits are harmless. Some may even come from applications, like Napster, that I have authorized to run. But at least some of them are probably hackers trying to rummage through my files, hoping to lift my credit-card number or empty my bank account...
...past three years, the banking industry, perhaps overconfident because of its eight-year string of record earnings, gave lots of money to companies such as telecom start-ups that, in retrospect, shouldn't have been funded so richly. If you had a business card and were breathing, you could have got a loan. By June 2000, total borrowing by nonfinancial U.S. companies stood at $4.6 trillion, up 60% from five years before. Total household debt surged to $7 trillion, up nearly 50% in that time period...
...stuff for her own packing needs in 750-ft. rolls. She just increased her order. By a lot. And she got a little system going. Since 250-ft. units sold best, every roll that came off the semi had to be divided into three. So she laid an old card table on her living-room floor, its legs sticking up. She put a roll of bubble wrap on one leg and rerolled it onto another, cutting off swaths of 250 ft. Before long, she was shipping out 30 to 40 rolls...
...looks like the U.S. might be able to take it. Any discussion of a global recession starts with the world's largest economy and its heroically ravenous consumers. And so far, the almighty credit card seems to be doing the job again, with U.S. consumer spending accounting for 90 percent of all U.S. economic growth in the first quarter of 2000. Led possibly by Fed cuts in interest rates, home sales - which in turn tend to lead all sorts of other purchasing - are at record highs, and the steep fall in consumer confidence over the last six months...