Word: dollarized
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...Carmakers' Woes The U.S. government is considering a multibillion-dollar bailout for the Big Three auto companies [Nov. 24]. Why not help consumers at the same time? For three months, every time a new car is sold, the government should absorb half the list price, paying that sum directly to the car dealer. This discount available to the buyer could be reduced in stages during the rest of 2009. In return for this boost, the Big Three must agree to increase gas mileage and reduce car sizes. This scheme would keep most Detroit workers employed while avoiding the indiscriminate award...
...electricity, a slice worth roughly $120 million. In recent years, as Icelanders became smitten with the idea that their ambitious banks could create a global financial center in the far north Atlantic, geothermal power got pushed out of the spotlight. But now, with the krona down 44% against the dollar compared to a year ago and most of Iceland's banks close to bankruptcy, this nation of 313,000 is taking another look at the incredible resource boiling away underfoot...
...ninth feature (including the documentary Piano Blues) that he's helmed since turning 70 in 2000. He doesn't do much work in front of the camera anymore, but what's there is choice. His last starring role, as the grizzled fight trainer in 2004's Million Dollar Baby, earned him an Academy Award nomination for Best Actor, while the movie won for picture, actress (Hilary Swank), supporting actor (Morgan Freeman) and, of course, director. Nobody else has directed Eastwood in a movie since Wolfgang Petersen made In the Line of Fire back in '93. (See the 100 best movies...
...efficiency endears him to screenwriters (if he likes a script, he shoots it without demanding a million rewrites) and most actors (if he likes Take 1, he prints it and goes to the next scene). Hey, it's only a movie. And often--say, Breezy, Pale Rider, Unforgiven, Million Dollar Baby, Flags of Our Fathers, to skim five off the top--they are movies that have the craft and heart of classic Hollywood, without that musty antique odor...
...danger of being as overrated as his acting is underrated. He's a fine director when he connects with the linear clarity of a simple story--which is why the teeming narratives of Mystic River and Changeling don't work quite so well as straight-ahead fables like Million Dollar Baby and Gran Torino. The latter movies have one other advantage: the director is also the star...