Word: cards
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...cuts and the war in Iraq, is projected to hit $521 billion this year. Huge deficits usually make investors nervous and drive up interest rates, but Asia's bond purchases have allowed Greenspan to keep interest rates low, making life easier for millions of U.S. home buyers and credit-card owners?not to mention President Bush, as he scrambles for money to rebuild Iraq...
...goods-for-bonds deal, however, is that it has hooked American consumers onto cheap imports and caused a huge deterioration in the U.S. current-account deficit. If U.S. interest rates surge, the ripple effect will be felt throughout the world in the form of higher mortgage payments, credit-card repayments, and lower corporate investment...
...like heroin or lsd. Now we have polycriminals. Anything that will make money, they will do it." Evans, a former New Zealand Customs agent, says that may include gun running, people smuggling and fraud. The syndicate behind Fiji's 2000 heroin seizure was involved in illegal immigration and credit card fraud; it's believed the gang who set up the ice lab had similar interests - and bribed some local police and government officials...
...Tenet and his CIA at or near the focus of every inquiry, most of Washington assumed that he would be out of a job after the election--but not before. Tenet took Washington by surprise last week. On Wednesday night, after conferring with White House chief of staff Andrew Card, he spent 45 minutes alone with Bush in the White House family quarters. What he brought to the President was his letter of resignation, effective July 11, his seventh anniversary as director...
...training its agents, recruiting spies overseas and keeping headquarters happy. One agent explains that CIA recruiting overseas was about as rigorous as going to an opening-night mixer at a Las Vegas convention: American agents overseas sometimes competed with one another to see who could collect the most business cards at official receptions in foreign capitals. Then they would return to their embassy to determine the night's winner. Each card, the agents told themselves, represented a potential spy for the U.S. In fact, the agent said, "none of these people had anything useful ... It was just numbers...