Word: dollarization
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...just returned from a late-night study session. Tuan said that he and the stranger stared speechlessly at each other for a moment, until Tuan asked the man what he was doing in his room. The intruder responded by asking Tuan if he had change for a dollar. Tuan said he continued to demand an explanation for the man’s entrance, but the stranger would only elaborate that his mother had sent him up here to get change for a dollar—even pulling out a dollar bill. “The man was more frightened...
Erik Prince, 37, Blackwater's ambitious founder and sole owner, could have taken over his father's billion-dollar auto-parts empire. But he was attracted to the battlefield from a young age. He enrolled in the Naval Academy at Annapolis, Md., and although he finished college at a school closer to home, he eventually became a naval officer and was attached to the élite Navy seal Team 8 based in Norfolk, Va. He served in Haiti, Bosnia and the Middle East. In 1995, when his father died, Prince left the Navy and returned to Michigan...
...Justice Mapping Center, if you can pinpoint the few-block area that produces the most criminals, you can create programs that specifically target the problems of the people who live there and help them avoid the behaviors that land them in jail. That, in return, could save millions of dollars. New York State spends $42,000 an inmate a year. Multiply that by the number of prisoners who grew up on the same streets in parts of Harlem, the Bronx and Brooklyn, and you get what Cadora calls "million-dollar blocks" because that's what it costs the state...
...emerge in time for Academy Award consideration. Frequently, the top Oscar has gone to films of social or political sentiment, from The Life of Emile Zola and Mrs. Miniver to Dances with Wolves and Braveheart. In 2005 the Christian right's attacks on the mercy-killing plot of Million Dollar Baby may have been the spur for the Oscars that went to the film and its star, Hilary Swank...
...With expansive tree-lined streets and stately million-dollar homes, Myers Park is one of Charlotte's most desirable addresses. Its superb high school, which offers the International Baccalaureate program and a rich menu of Advanced Placement classes, is a big part of its appeal. The school serves 3,000 students, 66% of them white, 22% black and 4% hispanic. North Carolina designated it a School of Distinction; Lloyd Wimberley, who headed the school from 1996 to 2002, was named North Carolina Principal of the Year in 2002; and the school has consistently ranked in the top 20 on Newsweek...