Word: dollarized
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...legislature managed to pass mandatory building codes this year. Most states already have such codes. Florida has had a strict one in place since 2001, and structures built under it tend to be the ones left standing after a 120 m.p.h. wind rips through. We know that for every dollar spent on that kind of basic mitigation, society saves an average of $4, according to a 2005 report by the nonprofit National Institute of Building Sciences. Then there's Mississippi, which, believe it or not, still has no statewide building code. Katrina destroyed 68,729 houses there. But this year...
...There is a lot of positive development outside of the U.S.," says Stuart Schweitzer, managing director and global-markets strategist at JPMorgan Asset & Wealth Management. Add in the specter of towering deficits in the U.S. budget and current account, which could ultimately weaken the dollar, and the idea of diversifying overseas becomes even more attractive...
...fact that tonight’s meeting was conducted almost entirely in executive session drew fire from some, namely Cambridge Civic Journal proprietor Rob Winters. He had urged residents earlier this week to “buy seven fat cigars, wrap each in a crisp dollar bill, and send one to each member of the School Committee to enjoy in the privacy of their smoke-filled back room...
...here? Over the years, the Rockefellers have given away much of their country estate; now 80 acres of it are devoted to the Stone Barns Center for Food and Agriculture, which I had come to visit. The old milk barn is the center?s eat-like-a-Rockefeller, hundred-dollar-plus-per-person restaurant, Blue Hill at Stone Barns. That?s where I had come to eat, which is ultimately why I was in that closet...
...this business sustainable? Curtis Carlson, ceo of SRI International, an innovation consultancy and research institute, has his doubts. Segways, he notes, are competing with established products, like electric golf carts, and stealing only a share of their market. Price is a problem, too. "Value is benefits per dollar," says Carlson. "For a lot of the world, a small lightweight bike is a good alternative to a $5,000 Segway...