Word: governors
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Dates: during 2000-2009
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Bottom line: the dollar faces a longer-term challenge, and the big players know it. Echoing a call made by Zhou Xiaochuan, its governor, in March, China's central bank advocated a new global reserve currency in its annual financial-stability report released last Friday. Raising concerns of a move away from the dollar as the world's reserve, the proposal for a "super-sovereign" coin nudged down the greenback vs. a host of major currencies. That may have been a tad more impact than Zhou was seeking: with something like two-thirds of China's roughly $2 trillion...
...Watching the governor of South Carolina cry like a little girl because his sexy e-mails got forwarded to his local newspaper, the State, made me wonder whether the real secret to a lasting marriage lies in limiting your means of escape. Whether you're putting the Buick Regal in reverse or hitting Send on a love note, you're busting out of your marriage, however temporarily, and soon enough there will be hell to pay. (See pictures of couples married for 50 years...
Hartford, Conn. – Question 1: Connecticut needs $8.8 billion to balance its budget. Should the state A) raise taxes or B) cut spending? Democrats, who control two-thirds of the legislature, say the answer is both of the above. But Governor Jodi Rell, a Republican, says raising taxes is the wrong choice. On prudence, Rell scores high: Raising taxes will slow the recovery, so the state should cut spending instead...
...alerts on Fox News: a plan for military-cemetery headstone-straightening was scrapped, as was a request for a $10,000 refrigerator to house fish sperm in South Dakota. Gone too was $7 million for Interior Department aircraft to study bird migration. Transportation Secretary Ray LaHood persuaded the governor of Ohio to redirect $57 million for future road-project planning to immediate construction. Cities and states were told to stay away from swimming-pool construction and anything with the word golf in it - Frisbee golf, clock golf, minigolf. "The Frisbee people are going to be unhappy with me forever," says...
Even as public outrage boils up over the infidelity of South Carolina Governor Mark Sanford and Nevada Senator John Ensign, millions of Americans are sneaking online to do some surreptitious cheating of their own. (See the top iPhone applications...