Word: decay
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...forget the wars in Iraq and Afghanistan or the rise of China, the bluster of boom-and-bust Russia, the murky threat of Iran and the accelerating decay of Pakistan. Between the economic crisis at home and the geopolitical cauldron abroad, the new President's agenda will be largely predetermined. He might wish he could shrug off this dismal inheritance and devote himself to the shiny projects cataloged on his campaign website - but that's beyond his power...
Could it be that global equity markets are just too irrational to merit the obsessed attention they're enjoying these days? That's the question some observers were asking Friday as indices in Asia and Europe posted gains only to decay again as the day progressed. It was a fittingly wacky end to a week that has seen bourses see-saw with unprecedented volatility. The VIX, Wall Street's leading measure of market volatility and investor fears, briefly scaled 80 points for the first time in its 18-year history Thursday, as stocks slid over recession worries...
...saltwater-poisoned trees, battered fences hung with soggy towels, shattered windows, and front yards filled with piles of wet carpet, soaked clothes, moldy pots and pans, beach chairs and books, all water-laden, useless, even dangerous from soaking in the diseased stew, and hung about with the smell of decay. Perhaps 20,000 households share this circumstance, according to Galveston Mayor Lyda Ann Thomas...
...exodus from Bensenville was spurred not by decay but by development. The suburb squats in the crosshairs of a $15 billion plan to ease gridlock at O'Hare, the world's second busiest hub, by adding more parallel runways. For the past three years, the O'Hare Modernization Program (OMP) has been gobbling up land in a 300-acre (120 hectare) "acquisition area" that comprises about 15% of the village. Ninety-five percent of the neighborhood's 542 homes are plastered with signs proclaiming them Chicago property...
...Hirst's gift, when it's with him, is for black comedy, William Hogarth meets Stanley Kubrick - work that's part deadpan joke, part dead serious utterance about mortality and decay. The piece that first made him famous, an open-jawed shark in a tank of formaldehyde titled The Physical Impossibility of Death in the Mind of Someone Living, offered a giant beast of prey as a belligerent correlative for a universally suppressed anxiety. A Thousand Years is a large glass box in which real maggots hatch into flies that appear to feed on blood (actually red sugar water) from...