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...However, Obama appointed three Republicans to his cabinet, pursued centrist policies in Iraq and Afghanistan that Senator John McCain has praised, included in his stimulus package one of the largest tax cuts in history despite calls from the left for fewer tax cuts and more spending, and resisted calls for nationalizing major banks. To claim that Obama has been the most partisan president ever, therefore, is both disingenuous and more than a little partisan itself...
...right after the silent movie, goes to non-English-language films: official classics, often from the superb Criterion and Kino collections, but also outre items like Munchhausen, a lavish Germany fantasy made in the last years of the Third Reich. A rich month was devoted to Mexico, the second largest film industry in the Americas; another to Italian neo-realism, curated and introduced by Martin Scorsese. (One disappointment: in the recent month dedicated by Sophia Loren, only five of the 23 films were Italian.) A season on Asian faces in Hollywood movies veered eastward for two extremely rare Chinese silent...
...fascination that Americans have about this drama is more about Chrysler as a memory than what it is today. Forty years ago, the company was the fifth largest in America, almost as big as GE (GE), and larger than IBM (IBM) and AT&T. The car firm trio held three of the top five slots in terms of annual sales in the U.S. They were a significant part of national GDP and employed almost over 1.3 million people. (See the 50 worst cars of all time...
...What marketers still don't talk about is that old people with money are the largest consumers of a number of things besides multivitamins and sweaters. According to Forbes, the average age of the people who buy the extremely expensive and fast Porsche 911 is 51 years old. Their median annual income is $390,000. That means that a great many of the people driving dangerously fast cars are in their late fifties and their sixties. Trying to sell Porsches to people under 40 is probably a waste of money, especially now that almost all of the hedge fund managers...
Taiwan's third-largest telecoms service provider, Far EasTone Telecommunications Co. announced Wednesday that it plans to sell a 12% stake to China Mobile Ltd. for $528 million, - the largest cross-strait business deal in over 60 years. The two companies also announced plans to partner in China and offer roaming services and technology upgrades for their networks, which will strengthen FarEasTone's position in Taiwan. This would be the first direct investment by a Chinese state-owned company in Taiwan in six decades. "It is especially significant," says Dr. Edward Chow, a professor at National Chengchi University...