Word: dollarization
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...hour begins as soon as you depart Boston’s South Station. It starts the second you buy your 10-dollar “special event” commuter rail ticket towards Foxboro, an otherwise invisible hamlet excised from normal subway lines and cities...
...hedge fund set to launch in 2006. Lucrative hedge funds usually get a “two and twenty” cut—two percent of the amount invested in the fund goes to management fees every year plus 20 percent of the returns. For a $25.9 billion dollar hedge fund that grew at 19.2 percent last year—the equivalent of Harvard’s endowment—that would amount to almost half a billion dollars in management fees plus almost a billion dollars of Harvard’s nearly five billion dollar profit...
...Church of Scientology in Boston occupies a multi-million-dollar town house overlooking the Charles River on Beacon Street. The floors are marble, the walls covered in heavy, creamy wallpaper. The Church looks like an expensive doctor’s office, not a local parish. A bookshop and seating area on the first floor sit opposite a desk complete with a smiling teenage receptionist...
...defamation, personal defamation and historical mistakes in this dvd, which contains all the techniques of disinformation and propaganda. In circulating these lies on behalf of Ankara's Chamber of Commerce, Time magazine has, for the price of an advertisement, allowed itself to become part of Turkey's worldwide multimillion-dollar effort to undermine truth and evade responsibility for the deaths of 1.5 million innocent Armenian men, women and children. In taking this step, Time magazine has compromised both its moral standing and its journalistic credibility. The fine journalists and staff of your publication deserve better than to be tarnished...
...also a Nobel Prize-winning economist, the problem of poverty is not one of resources, but of their allocation. There needs to be a reallocation and prioritization of the world’s resources—including the resources that you and I control. Every dollar we spend on pet food, clothes, DVDs, and the like could be spent on food, medicine, or peacekeeping operations. We privileged few with full stomachs and extra money have hard decisions to make about how we’re going to spend the extra cash that the global economic structures have bestowed...