Word: contractive
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Beyond strict security considerations, domestic and international trade will contract as people brace for the worst and face higher investment risks. Further economic contractions based on these fears will worsen an already ailing American economy. Foreign policy wonks often neglect to mention qualitative factors like the psychological benefits of peace and a feeling of security both domestically and abroad. The surge in domestic sales of gas masks and duct tape reflect a real change in our quality of life, not to mention the new dangers of traveling abroad when the world sees Americans as warmongers...
...festival was already three days old and hopelessly behind schedule. By Monday, a half-million drug-addled, sleep-deprived, rain-soaked flower children had piled onto Max Yasgur's Catskill cow patch to hear everyone from Sha Na Na to the Who. But Jimi Hendrix was the headliner, whose contract stipulated that no other act could follow his. That probably wasn't necessary. Rousing the crowd on Monday morning with a 2-hr.-plus set that included his psychedelic, virtuoso Star Spangled Banner, Hendrix closed the books on the Summer of Love. Kent State was nine months away...
...exact role of the United Nations in a post-Saddam Iraq remains the subject of intense transatlantic debate, but one certainty is that chief UN weapons inspector Hans Blix will have no part in it. "My contract expires at the end of June," Blix told TIME on Thursday, "and I do not propose to stay beyond that." Not that the news will likely have much effect on the Bush administration's plans. There has been strong speculation in diplomatic and political circles that the Pentagon is currently assembling its own team of weapons experts in Kuwait, possibly under the direction...
...Baghdad, Murray and his Civil Affairs Direct Support Teams will be looking to quickly spend tens of thousands of dollars to start rebuilding blown-up wells, bombed bridges and downed electricity grids. The idea, says Murray, is that instead of waiting for assistance from nongovernmental organizations, "we immediately contract the locals...
JAMES GANDOLFINI has made HBO an offer it apparently can refuse. Gandolfini wants his Sopranos salary bumped up from its current rate--a Dickensian $400,000 an episode--to more than $1 million, and to tighten the screws, he sued HBO over an alleged contract violation. Not only would HBO's brass not budge, but they countersued Gandolfini for $100 million and delayed the March 24 start of production of the show's fifth season. HBO lawyer Bert Fields dismissed the actor's attempt to hold a gun to the network's head: "It's really a water pistol...