Word: duds
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Bono is in full rock-star mode, and he has good reason to savor the moment. U2 nearly called it quits a few years ago. After putting out Pop, the first dud of their 10-album career, in 1997, the band members--all in their 40s, all with relationships, side interests and more money than they could ever spend--had to decide whether there was a compelling reason to continue being a band. "Why are you still around?" asks the Edge rhetorically. "You know, you made some great records. But why are you still making records? Part of what...
...Japan's fatal misstep was to avoid the short-term pain of closing down dud companies and faltering banks after the bubble burst, the so-called "creative destruction" the U.S. allowed in the 1990-91 recession and after the savings and loan collapse of 1988. Tokyo said it wanted to avoid layoffs, that companies would recover when the economy perked up. The real story is that Tokyo's instinctive reaction has been to dole out government contracts to construction companies and make banks provide cheap capital to keep retail empires going. (In January, the government backed a bailout of struggling...
...gonna stink? Well, it's the Super Bowl, so we're assuming the most suspenseful thing going on during the fourth quarter is the painting of the guy who drank too much and passed out on the couch. But someone owes us a favor for the Ravens-Giants Super Dud of a year ago, so maybe the football gods will be kind in 2002. The most promising aspect of the game is contained in this fact: The Patriots just took down a Raiders team that flawlessly routed the Jets and a beat a very physical Steelers squad in an unfriendly...
...soldiers and passed it on to Hamas. The weapon was smuggled into the Gaza Strip, where a special Hamas engineering unit was set up to replicate it. At the end of October, Hamas launched the first of its Qassam 1 rockets toward an Israeli town. The attack was a dud; the rocket landed in an empty field. But with a range of 3 miles--much longer than the mortars Hamas currently fires at nearby Israeli settlements--the Qassam 1 would add a frightening new dimension to its campaign of violence. Israeli intelligence officials refer to the rocket...
...been asked ahead of time to prepare a “presentation” in some way emblematic of their personality. They were also asked to guess why they’d been included in our motley band of seniors (although that turned out to be mostly a dud as they all figured they’d been picked because they knew someone...