Word: carded
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...much hoopla over whether the New York Philharmonic's performance in Pyongyang could somehow have a lasting effect on relations between North Korea and the civilized world [March 10]. Not quite four decades ago, the U.S. table-tennis team ping-ponged to Peking, enabling Nixon to play the China card against the Soviets, but that only led to nearly two decades of détente. The only effective way to bring about the end of totalitarian regimes is direct confrontation. The U.S.S.R. fell because Ronald Reagan, Margaret Thatcher and Pope John Paul II confronted that country. Richard Kade, Sunnyvale, California...
...performance in Pyongyang could somehow have a lasting effect on relations between North Korea and the civilized world [March 10]. The Bard declared that what's past is prologue. Not quite four decades ago, the U.S. table-tennis team ping-ponged to Peking, enabling Nixon to play the China card against the Soviets, but that only led to nearly two decades of détente. The only effective way to bring about the end of totalitarian regimes is direct confrontation. The U.S.S.R. fell because Ronald Reagan, Margaret Thatcher and Pope John Paul II confronted that country...
...plastic - for debit purchases. That's partly why transaction volume has remained strong even as spending declines; for the first time ever, in 2006, U.S. consumers made more debit purchases than credit charges. The funds may be pre-paid or come directly from checking accounts, but the debit cards are often Visa-branded. And because it's easier to obtain a debit card than a credit card, even people who have never qualified for a credit card before are enjoying the convenience of going cash-free...
Meanwhile, with home equity credit lines drying up, Americans have also become more reliant on their credit cards than ever. Overstretched consumers might be forced to bail on their mortgage - even if it means losing their home - but they'll continue to make the minimum payment on their credit cards, because that is their only safety net left. While default rates on subprime mortgages can be as high as 30%, the highest default rates being reported by card issuers is just 5%. Despite fears that the credit-card industry is poised to become the next subprime debacle, it is still...
...School graduate Deval L. Patrick ’78—that would criminalize online poker in Massachusetts. About 30 poker aficionados, led by veteran Harvard law professor Charles R. Nesson ’60, assembled near the State House, arguing that banning Internet poker would deny card players a legitimate source of entertainment and income. Under the terms of the ban, online gambling would be punishable by up to two years’ imprisonment and a $25,000 fine. The Harvard demonstrators were met by a large assembly of union workers, who gathered to show support for Patrick?...