Word: exoduses
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Jobs have always made or broken the political fortunes of Presidents, yet outsourcing packs a powerful new wallop. That's because it hits middle-and upper-income workers--software engineers, X-ray readers, financial analysts--who thought they were immune to the great job exodus to Mexico and China that has decimated blue collars over the past 25 years. These are people who believed they were safe in a global economy, because they worked with their minds, not with their hands. "Outsourcing is the ultimate nightmare issue for the White House, because it's a problem that every voter understands...
Perhaps the most stinging charge is that Eisner has repelled corporate talent, particularly anyone with CEO potential. Disney has suffered an exodus of executives during his tenure. Its cast members no longer include execs like Paul Pressler, now at Gap; Geraldine Laybourne, who quit to co-found Oxygen Media; and Jeffrey Katzenberg, the man behind The Lion King, who co-founded DreamWorks. Comcast's No. 2 executive, Burke, is a fast-track escapee. He spent 12 years at Disney and proved himself a skilled executive by recharging Disney's consumer-products division (it faltered after he left) and reviving Euro...
...that has pitched police and Aristide supporters against rebel gangs that have taken control of more than a dozen towns and a large civic opposition movement. The insurrection has sparked a humanitarian crisis by disrupting the distribution of food and clean water, and Florida is bracing for a new exodus of refugees. It's hardly surprising, given the fact that Haiti's economy has ground almost entirely to a halt, as poverty, AIDS and rampaging violence and criminality have reduced life expectancy to an average of around 49 years, that the government is under mounting pressure to quit. The formal...
...will appoint a Prime Minister. Crisis Looming DOMINICAN REPUBLIC At least six people died in clashes with police during a 48-hour strike to protest the spiraling economic crisis. The strike, which organizers said closed 97% of businesses, came as the U.S. Coast Guard struggles to stem a growing exodus of Dominicans trying to flee by boat to Puerto Rico. MEANWHILE IN DENMARK ... If You Can't Do The Time The government ordered an inquiry following a report in the Ekstra Bladet newspaper that convicts were paying stand-ins to serve their prison sentences for them. The paper said that...
...that the markets weren't freaking out over Poe alone but were reacting to "a series of events over the last four weeks." Indeed: a band of congressmen tried (unsuccessfully) to impeach the Chief Justice of the Supreme Court; the administration of President Gloria Macapagal Arroyo saw a mini-exodus of officials, including respected Finance Secretary Jose Isidro Camacho; kidnap gangs ran riot in Manila; power blackouts were predicted for vast stretches of the country. And the day Poe became a candidate, a shadowy group of soldiers released a manifesto threatening a coup if Arroyo didn't clean...