Word: localizing
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Flores, 55, is the owner and sole proprietor of a local business, Carpet Care 4 Less. Throughout 2007, he saw his income plummet along with the national economy. "My business dropped off by 50%," he says. As his client roster evaporated, Flores started drawing on credit cards and took out a second mortgage to the tune of $57,000 in order to stay afloat. In 2009, out of options and under threat of losing his home of 10 years, Flores filed for Chapter 13 bankruptcy - a reorganization filing under which consumers agree to a plan to make payments of past...
...rich entrepreneurs who profited during Thaksin's rule, they have reached into the language of Thailand's feudal past and characterized the current political crisis as pitting the phrai against the amataya. Roughly translated, that's a conflict between the serfs and the aristocracy. Abhisit struck back on local TV: "Thailand no longer has [such] social classes. People are equal under the constitution, although they have unequal opportunities." But the underclass isn't convinced. "The poor work hard and contribute to society," says Pasuk Phongpaichit, an economist at Chulalongkorn University in Bangkok, "but they are waiting for a crowded...
...though the Disaster Recovery Center has already treated over 1200 patients, more funds are needed to pay staff—over 100 local employees—as well as to procure pharmaceuticals and other medical supplies...
...uncontrollable logorrhea has never failed to undermine the Republican message. For example, during the debate of the Democrats’ stimulus plan, Steele audaciously proclaimed that “You and I know that in the history of mankind and womankind, government—federal, state, local, or otherwise—has never created one job. It’s destroyed a lot of them. It’s hampered a lot of them.” This is a curious statement considering that the very job that Steele ran for in 2006—United States senator from Maryland?...
...justice officials are powerless to stop them. Three of the 10 towns with the highest homicide rates are in the Arc of Deforestation that runs around the Amazon's eastern and southern fringe. "That is closely related to the presence of loggers, slave labor, land grabbers and the local political and economic powers," he says...