Word: jefferson
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...stealing a neighbor's truck on a prank, Schlup, high on insecticide spray, beat up and raped a fellow inmate at the county jail. "I can't tell you why it happened. There's no excuse for what I did," he said. Sentenced to 14 years' hard labor at Jefferson City, the state's maximum- security prison, Schlup slashed a predatory cellmate in a fight over sex and was sentenced to life in prison...
...retirees violate the trust of people who paid into Social Security and Medicare for years. The Concord argument rests strongly on a moral plea of its own: older Americans should not burden their children and grandchildren with the task of paying off the debt. Peterson likes to quote Thomas Jefferson's observation to James Madison that passing on debt to future generations is "swindling futurity." Is it possible to make seniors sit still for such talk? Perhaps it is. The sky didn't fall when Congress approved the Clinton proposal to tax higher-income retirees on 85% of their Social...
...Paris: Thomas A. Sancton, Margot Hornblower Brussels: Jay Branegan Bonn: James O. Jackson Central Europe: James L. Graff Moscow: John Kohan, Ann M. Simmons Rome: John Moody Istanbul: James Wilde Jerusalem: Lisa Beyer Cairo: Dean Fischer, William Dowell Beirut: Lara Marlowe Nairobi: Andrew Purvis Johannesburg: Scott MacLeod New Delhi: Jefferson Penberthy Beijing: Jaime A. FlorCruz Southeast Asia: Richard Hornik Tokyo: Edward W. Desmond, Kumiko Makihara Ottawa: Gavin Scott Latin America: Laura Lopez...
...trick for investors is to separate the best from the pests. A study by the Jefferson Group tracking the 3,186 companies that went public during the 1980s found that investors had only a 1-in-3 chance of making money in IPOs. While the stock prices rose for a third of the firms, they fell for a quarter of them. About 42% of the concerns failed or merged by the end of the decade. In a four-year study of about 900 initial public offerings, Cornell University finance professor Roni Michaely discovered that IPOs generally outperform the rest...
...course, just about everyone supports the idea of a free and vigorous press. But remember the case of Thomas Jefferson, who said he "should not hesitate for a moment" to defend the right of the press over government. In theory, Jefferson supported the press. After six years as president, however, he had a vastly different sentiment. "Nothing can now be believed which is seen in a newspaper," he wrote to a friend in 1807. "Truth itself becomes suspicious by being put into that polluted vehicle...