Word: lite
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Cash is now calling for Memphis to create a residential school for 300 to 400 kids whose parents are in financial distress, with a live-in faculty rivaling those of élite New England prep schools. His proposal is at the forefront of a broader national trend: from New Jersey to Wisconsin to California, school districts and private investors are developing similar projects. Supporters hope that U.S. Education Secretary Arne Duncan, who pushed for public boarding schools as CEO of Chicago's school system, will give the programs even greater traction. (See pictures of public boarding schools...
...Barvikha to unwind. You go there to experience life as it is lived by Russia's élite. This is where today's boyar and his 20-year-old girlfriend get facials and hydro-massages and sip lemon water in fluffy robes while having their toenails buffed. This is where you pay top-tier prices - say, $250 for a 21/2-hour treatment - simply to be with other members of Russia's ruling class...
Then there is the Syria connection. Saddam Hussein recruited many of his high-ranking Baath Party members and army generals from Mosul's élite Sunni families, many of whom sought refuge in Syria after the 2003 U.S. invasion and the fall of the dictator. According to several Iraqi generals from the national police and the army, some of these die-hard Saddam loyalists have been funneling funds and fighters - both foreign and Iraqi - across the 185-mile Syrian border with Nineveh...
...like Obama, Bernanke and the rest of the political élite who lined up Monday to share their outrage are rather powerless to act. If AIG failed, almost all experts agree, the damage to the entire financial system would be horrific. So the leadership has little to do but posture. "Unconscionable," said House Speaker Nancy Pelosi. "Outrageous," said her Republican counterpart, John Boehner. Senator Chris Dodd, chair of the banking committee that failed to regulate AIG, called on the executives to "voluntarily" forgo their bonuses. The best the government looks able to do is insist on some tough...
...coalition government that was meant to restore normality after a spasm of postelection violence in early 2008 has done little to make life better, and the fact that so few police officers have been prosecuted or, indeed, have resigned after being accused has reinforced a sense that the élite are above the law. (See pictures of the postelection violence in Kenya...