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...piqued congressional interest. "It seems like a reasonable argument," says Alan Auerbach, a University of California, Berkeley, economist and tax expert. "I don't think there are many people in the tax-policy community who believe that it isn't." But there's no law that says the tax code has to be reasonable, and the private-equity guys claim to see economic danger in changing the rules...
...money on cities most at risk of attack. He said it when he started in 2005. Repeated it in 2006. And in 2007, 77% of DHS grants are being doled out using a risk-based formula, up from zero in 2005. Chertoff has also backed off from the color-code hysterics, advocating a less reactive, more strategic approach to security. One of his major efforts is to get all U.S. ports ready to screen 98% of containers for radiation by the end of this year...
...personality cult hasn't hurt the company either. Headquartered in an old warehouse on the Christiana River in Wilmington, Del., ING Direct projects a Silicon Valleyesque energy and idealism that come straight from the top. Consider the Orange Code, a manifesto of sorts penned by Kuhlmann and chief operating officer Jim Kelly, which includes lines like "We aren't conquerors. We are pioneers." Kuhlmann rants about spend-happy Americans and the companies that feed their addiction by selling them credit cards--"the opium of consumerism." When the rest of the banking industry lobbied for a new bankruptcy...
...once and for all. By contrast, every Republican cowered behind "Don't ask, don't tell," patently wishing the whole thing would go away. Rudy Giuliani and Mitt Romney agreed that now "is not the time" to reopen the issue. Mike Huckabee blathered nonsensically about the "uniform code of military conduct." John McCain was almost campy, practically bursting into song about our "most wonderful military." Not one of them attempted to defend the ban on its merits. But not one would oppose...
...this year were from two very different companies, Apple and Microsoft, and oddly enough, they were in many ways demos of the same product. One is a gimme: the iPhone, Apple's brilliant deconstruction of the common cell phone, due out June 29. The other is a product mysteriously code-named Milan, from a new branch of Microsoft called, not much less mysteriously, surface computing. What the two have in common is a very advanced touch screen...