Word: fats
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...currencies, it will be harder for the U.S. to finance a profligate lifestyle and run big deficits, as the nation currently does. Expect mortgage rates to shoot up and your overseas vacation to get a lot more expensive. In the past, Snower says, "the U.S. could live off the fat of the rest of the world. Now it won't be able...
...rough plot is introduced, star power is announced in big captions, and the majority of the movie’s jokes are revealed in less than three minutes. A casual once-over would divulge to the audience that Chris Farley’s brother was playing the role of fat, angry, and ultraliberal “Michael Malone,” who is joined in his onscreen shenanigans by stars like Kelsey Grammer, Dennis Hopper, James Woods, John Voight, Trace Adkins, and Bill O’Reilly. Before you ask, “Why O’Reilly...
...fall of empires, there is always a point when things are going so well that the emperors doubt that anything could ever go wrong. "THRIFT," warned Nero's adviser Seneca, "comes too late when you find it at the bottom of your purse." In the Old World, nations grew fat and then lazy, until they collapsed under their own weight. But that was not to be our story. American greatness--the vision of the founders, the courage of the pioneers, the industry of the nation builders--reflected a mighty faith in the power of sacrifice as a muscle that made...
...cathedral of baseball, then Shea is an austere Buddhist shrine, lacking in ornamentation or opulence but rich in meaning. This makes its unfriendly confines well-suited to the Mets fan, who, like a Buddhist, accepts the inevitability of suffering as something doctrinal. Unlike Yankees fans, spoiled off the fat of 26 world championships, supporters of the Mets know that neither life nor stadiums are always pretty...
This basic error, born of folly, ignorance and greed, is the biggest cause of the mess we are now in. It was compounded by other factors. A system of remunerating bankers with fat bonuses based on the volume of business done, irrespective of the quality and future profitability of that business, did not help. A variation of Gresham's Law was also at play, with imprudent lending driving out prudent lending. This tends to occur as responsible institutions see their market share fall while those of irresponsible institutions rise, and decide to emulate the reckless practices they previously eschewed...