Word: dollarized
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...game officials, are usually seasoned hunters from all walks of life who can afford customized Browning rifles, Leupold scopes and $800 Excalibur crossbows. They're wily and they're stealthy, like the deer stalker Nores apprehended a few years ago. He was trawling Saratoga, Calif., an enclave of million-dollar homes, in his wife's new Honda, a $2,000 rifle and low-noise ammo hidden under his kids' coloring books in the backseat. "Sometimes it's almost like an addiction with these guys," says Nores...
Even without the Tiger factor, though, the upper range of the residential golf market--with million-dollar homes and six-figure memberships--has shown a resilience, while the lower and midrange suffers with the housing market in general. "The strength of the upper end of the marketplace continues to astound everyone," exclaims Johnny Harris, president of Charlotte development company Lincoln Harris. "The supply may be overdone in the less expensive locations, but there are golf courses still being built all over this country at the absolute highest end, which is astounding...
...economic misery that sparked the protests remains. Burma has a grave and worsening humanitarian crisis. Half of Asia's malaria deaths occur here; a third of the children under 5 years old are malnourished; most of its people live on less than a dollar a day. "People have been successfully intimidated into keeping their heads down--maybe," says Shari Villarosa, chargé d'affaires at the U.S. embassy in Rangoon. "But it's still a struggle for them to survive--to feed and educate their families, to get health care. So there could be another eruption...
...It’s just a business decision, a career decision,†she said. Since then, she’s taken the 15 minutes of fame that she might never have received, even as an Olympic gold medalist, and turned herself into a million-dollar brand...
...reason this has not been expanded more is because the FAS leadership saw what they regarded as serious budget issues, a view that I could not understand,†he says. “I do not think this is very plausible today in light of the multibillion-dollar increases in the FAS endowment.â€The FAS endowment was valued at over $13.2 billion in 2006, showing a positive gain of $4.4 billion since 2003. According to the U.S. Census Bureau data for 2004, the median family income was $54,061—about $14,000 above...