Word: cartellization
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...Republican Ron Paul's campaign as "nerdy," especially the idea of a "free-market commodity-based money," indicates how ignorant most Americans are about the monetary system [Nov. 12]. Money affects virtually every interaction we have with other people. When this interaction is in effect controlled by a private cartel (the Federal Reserve) instead of free-market forces, there is room for manipulation. I wish media institutions like Time would stop dismissing scrutiny of something as important as the monetary system. You do a disservice not only to yourselves but to future generations as well. Ben Johnson, Chicago...
...to Ron Paul's campaign as "nerdy," especially the idea of a "free-market commodity-based money," indicates how ignorant most Americans are about the monetary system [Nov. 12]. Money affects virtually every interaction we have with other people. When this interaction is in effect controlled by a private cartel (the Federal Reserve) instead of free-market forces, there is room for manipulation. I wish media institutions like TIME would stop dismissing scrutiny of something as important as the monetary system. You do a disservice not only to yourselves but to future generations as well...
...Kerik worked his way slowly up the NYPD food chain, as both a uniformed and a plainclothes cop. He earned a reputation as flashy, intense, sometimes emotional and usually effective. "I was booming doors, chasing the Cali cartel, getting into gunfights and doing all kinds of crazy stuff," he once recalled. At the funeral of a cop in 1989 he met Giuliani, and the two bonded after Kerik became the candidate's weekend driver during the 1993 campaign. "Look," Kerik told Giuliani at the time, "you're going to spend the next two years in your...
...launched as an independent carrier in 1972 after separating from Malaysian-Singapore Airlines. Despite the highly regulated atmosphere of the times, it refused to play by the rules, essentially ignoring the International Air Transport Association (IATA), the governing body that ran the airline business almost as a cartel. When SIA became the first IATA carrier to serve free drinks in economy, in 1972, the group's director dismissed the Asian upstart as a "parasite...
...reducing airport fees. In Kota Kinabalu, AirAsia took over a mothballed terminal, which now buzzes with eight flights a day. Fernandes wants to turn the building into a regional hub. "The loyalty to national carriers is getting more and more compromised," he says. "There's no more cozy cartel where they can do what they want...