Word: fathoms
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Dates: during 2000-2009
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Last year, the Chinese came. The villagers living in western Burma's remote Arakan state couldn't quite fathom what the Chinese told them, that below their rice fields might lie a vast reserve of oil. For three months the Chinese drilled the earth near the muddy Kaladan River in search of black gold. Then, just as suddenly, they left. In December, the Indians arrived. Through Burmese intermediaries, they took the village's paddies as their own, depriving locals of their main source of income. Compensation was promised, villagers tell me, but none has been paid...
...hard to fathom why. Carmakers are grappling with an extraordinary shortage of credit and customers. Sales in Europe - where the $700 billion auto industry accounts directly or indirectly for 1 in 10 jobs - dropped to a 15-year low last year, with little sign of picking up in 2009. Toyota announced on March 11 that 4,500 workers at its British factories would see their pay and hours slashed 10% for a year starting in April. The German and British governments are still in talks with GM over potential aid for the U.S. automaker's beleaguered European subsidiaries, Opel...
...Unpretentious and supremely practical, he will surely engage in the dirtiest of commercial habits: He will spy on his competitors to stay a few steps ahead, fire incompetent employees with alacrity, and invent new business models, all in an effort to capture new market space. It is hard to fathom the ingenuity we would witness if capitalists participated fully in the one-half-trillion dollar market of educating American children, sights set broadly on the trillions more that lay beyond our borders...
Handzo: Well, certainly some work is pure research in order to fathom things better. There are no particular interventions that come from picking up rocks on the moon, but we do it because it teaches us more about the world around...
Lindsey is one of several Georgia state lawmakers currently calling for property tax reform. It's a mission fueled by head-scratching homeowners who can't fathom why they are paying higher taxes on homes with tumbling prices. However, with at least 44 states facing budget woes in the coming year, it's a movement that, if successful, could make it tougher on states to raise revenues. And yet, with the Georgia general assembly about to start its session next week, Lindsey says he hopes both houses will quickly pass his bill to cap growth in assessments...