Word: importance
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...dollars worth of stock that Bailey maintains he received in lieu of fees and expenses from a former client, drug trafficker Claude Duboc. The government claims it has the right to the money because Duboc had agreed to forfeit his assets after pleading guilty on charges of conspiring to import tons of marijuana. Bailey lawyer Roger Zuckerman had argued that his client needed more time to transfer the stock, which is currently being held in a Swiss bank. In court Thursday, Bailey said he had worked hard to comply: "I've tried to raise the millions the order requires...
...dollars worth of stock that Bailey says he received in lieu of fees and expenses from a former client, drug trafficker Claude Duboc. The government claims it has the right to the money because Duboc had agreed to forfeit his assets after pleading guilty on charges of conspiring to import tons of marijuana. Bailey lawyer Roger Zuckerman says that his client needs more time to transfer the stock, which is currently being held in a Swiss bank...
Buchanan insists he's not an economic isolationist. He just wants to identify essential industries and protect them selectively, on the model of the import quotas that Ronald Reagan imposed on Japanese cars. But among economists, an otherwise squabbling breed, there's something like a consensus that for the great majority of American workers, free trade is a long-term boon that delivers better bargains on consumer goods and boosts demand for the products of America's fast-growing, high-wage export industries. More important factors in holding down wages are automation, sluggish growth in productivity and consumer demand...
...Everything I buy is made in India or Mexico, and it all falls apart," said Charlie O'Brian, a Manchester resident who agreed that the government should stop permitting a trade deficit to persist. "I read the other day that we import more stuff than we sell to other countries...
...editor of new media, I grappled with the import and the impact of the digital age. I want TIME to be all over this story because the people and inventions and businesses involved are fascinating--and because they have the power to change our culture as nothing has since the invention of television...