Word: dollarization
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...while simultaneously providing coverage to nearly 50 million uninsured people. It is even more warranted when his congressional allies seek to raise taxes to pay for all the new spending that this cost-cutting entails. We aren't talking about short-term spending either; this isn't a trillion-dollar investment in a new system that will ultimately save money. The Congressional Budget Office says the leading health care reform proposals will increase health care spending and make the budget harder to balance in the long run. Yet saving money is the President's principal stated rationale for reform...
...misses important class messages when her tiny 250-mb school inbox overflows. She's not alone. More than 60% of Brown students have already been forwarding their messages to Gmail accounts, says Donald Tom, Brown's IT support director. He says the switch could help reduce a planned multimillion-dollar expenditure to upgrade Brown's tech infrastructure...
...turn out of my hotel's full parking lot, veering onto the Strip, I come across something rarely seen in Vegas: frozen construction projects. I pass cranes abandoned at the site of the Echelon, a huge, multibillion-dollar project of four hotels that is now just three buildings of nine floors of concrete and steel beams sitting idly on some of the most expensive real estate in the country. I pass three more abandoned sites - 63 empty steel floors of the Fontainebleau, a sad unfinished shell that was supposed to be Caesars Palace's Octavius Tower and two cranes halted...
What does all this mean for parents? Does your research have any guidance for raising children? One takeaway is that the billion-dollar industry of quote-unquote educational toys that are supposed to make your baby smarter is a boondoggle. There's no evidence that any of those things make a difference. Children are learning the way that other people's minds work, which is much more important to learn than even letters and numbers. I'm afraid the parenting advice to come out of developmental psychology is very boring: pay attention to your kids and love them...
Mexico also struggles with corruption among prison officials, some of whom are susceptible to the influence of their prisoners - especially the traffickers from the multi-billion dollar narcotics industry. For example, the escape of the 53 prisoners at Zacatecas was clearly an inside job: a closed circuit video showed guards sitting and watching as the escapees marched out of the cells into the waiting convoy. The warden and several guards have since been arrested, though they have yet to be charged. Many of the escapees were members of the Zetas, a feared drug paramilitary based over the border from Texas...