Word: inking
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...Deutsche Bank (DB), the largest bank in Germany, said it would post a loss of $6.4 billion. Analysts believe the red ink at Citigroup (C) could be more than $10 billion. Bank of America is expected to turn in a $3.6 billion loss. Those figures do not include JP Morgan (JPM), Wells Fargo (WFC), Morgan Stanley (MS), Goldman Sachs (GS) and a number of deeply troubled overseas companies including UBS (UBS), Credit Suisse (CS), and Barclays...
President-elect Obama inherits the worst economic crisis since the Great Depression: the financial sector is in ruins; the budget is hemorrhaging red ink; debt-ridden households have clamped down on spending, thereby pulling the rug out from under the economy; unemployment is soaring; the country is in two wars; and the unmet social and environmental needs are vast. These conditions demand a fundamental realignment in strategy that ultimately comes back to taxation: Will we pay for the government we need? Obama's big domestic program, the American Recovery and Reinvestment Plan, proposes doubling renewable-energy production and making public...
...admitted car nut, he proudly shows off the vintage cars he keeps in a special area inside the dealership. There, 15 mint-condition cars gleam amid old Skelly gas signs and an antique manual pump frozen at 19 cents a gallon. A juke box features Sinatra, the Ink Spots and Peggy Lee. The colors are spectacular. There's the two-toned gray and salmon '55 Bel Air and the silky green '57 Thunderbird convertible. How could a country look at cars like that and not fall in love...
...this is what we would have found out: Voters are idiots. You make a clear, statewide ballot with neat little ovals to fill in? Some voters will put in check marks and X's. They'll fill out two ovals. They'll mark one candidate's oval in ink, try to erase that mark and then put their initials next to their correction, even though there's a law on the books forbidding voters to sign their ballots, to prevent voter bribing. They'll scrawl something about taxes in that oval, or about lizard people. You spend enough time trying...
...Deploying pen and ink, pencil, woodcuts, crayons and oils, the drawings in the book are exalting, filling you with joy and revelation. But crucially, Tan can also write: his stories effortlessly rearrange the pattern of reality in prose that is evocative and supple. Seek this book...