Word: goings
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...arbitrary, as is the fact that UAW jobs have been saved, at least for now, thanks to $60 billion of government money flowing into GM and Chrysler. Meanwhile, other companies have been allowed to croak. I can see how on macroeconomic grounds, it makes sense. Letting GM and Chrysler go under would have devastated the industrial Midwest and deprived millions of retirees of their postemployment health care. (See pictures of the global financial crisis...
Firms could take care of the people down their food chain but allow the people at the top to go without bonuses again. Instead of doing that, it's going to be business as usual even though the times aren't usual...
...heaven's sake, don't put your faith in Wall Street. Never, ever. Left to its own devices, the Street will go to excess, as we've seen from two bubbles (tech stocks and houses) that have burst within the past decade and two more that are in the process of popping: commercial real estate and leveraged buyouts. Even though there are plenty of decent people on Wall Street, the Street's primary interest is its own well-being, not yours. Don't forget that. You'd better take care of yourself, because there's no one else...
...know,ā I said, āIām not even sure where we are supposed to go...
...go to Harvard?ā she asked. And the crowd laughed. Jess, Frances, and I looked at each other. I felt betrayed...