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...scorned U.S. President Woodrow Wilson for his reluctance to punish defeated Germany; in the early years of World War II, Franklin D. Roosevelt worried that the Free French leader Charles de Gaulle had "all the attributes of a dictator." The past 60 years have had several rocky patches. The low points were 1966, when De Gaulle took France out of NATO'S military command, and 2003, when Jacques Chirac declined to join the U.S. invasion of Iraq. In response to Chirac's decision, the restaurants and snack bars of the House of Representatives began calling sliced, fried potatoes "freedom fries...
Mexico, Brazil, India and China, to start. Our focus so far has been primarily in the low-cost-housing area, where we're actually building houses. But we're involved in the shopping-center business and the office-park business as well...
Free-market health-care experts note that most types of insurance--think of homeowners' insurance--cover major expenses that have a low likelihood of happening to any individual rather than routine and predictable expenses. Thanks to the existing tax break, health premiums have become a way of prepaying for medical care. Under Bush's plan, a lot of people would buy cheap insurance policies that cover emergencies while paying for routine care out of pocket. Cost-conscious consumers could drive down the price of health care...
...skill in resolving these legal hassles. But he led Citi smack into the next big financial scandal: subprime-mortgage lending. Over the past five years, Citi went from also-ran to leading issuer of the CDOs that take subprime mortgages or other loans and reprocess them into purportedly low-risk securities. Market jitters and ratings-agency downgrades have sent CDOs into a free fall--and now the banks have to account for the losses...
...science has shown there is little difference between the two cocaine variants, but that didn't change the way the law treated them. Congress blocked the Commission's first attempt, in 1995, to reduce the sentencing disparity and so far has refused to change the laws that disproportionately affect low-level crack offenders. So while the new guidelines have reduced the penalties above the mandatory minimums, those minimums are still firmly in place...