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...negotiate another contract in 1928, the rabbit was still riding high and the animator thought he had the upper hand. Instead, the studio told him that it had hired away all of his employeees and retained the rights to Oswald. Univesral offered to keep Disney if he took a lower salary, but he refused. He and Ub Iwerks - the one loyal animator who stayed with Disney Bros. - returned to work and held a series of hair-pulling, late-night brainstorming sessions for Oswald's replacement. They shortened the ears, added some extra padding around the middle, and turned the rabbit...
...retirement age are postponing travel plans and staying on the job longer. According to a study in October by AARP, 65% of people over the age of 45 say they will delay retirement if the economic situation doesn't improve significantly. Since that survey was published, stocks have sunk lower and the economy has formally entered into recession...
...upsurge in investment per worker, the aging boomers' reduced levels of working and spending will slow the real growth of the U.S. GDP from an average of 3.2% a year since 1965 to about 2.4% over the next three decades," says the MGI report. That growth rate is 25% lower than the one we've been accustomed...
...Herbert Hoover. As Jonathan Alter writes in his book The Defining Moment: FDR's Hundred Days and the Triumph of Hope, "Roosevelt wanted to make sure that the people remembered that it was Republicans who had forgotten their interests. If this meant sitting by idly while the economy sunk lower, FDR could live with that...
Wadir Safi, a professor of international relations at Kabul University, says Karzai's speech directly contradicts his platform of several months ago, when he called on lower-ranking Taliban to reconcile but ruled out negotiations with avowed enemies of Afghanistan, like Omar. Karzai's recent trips to both the U.S. and London, where the Afghan president was criticized for his inability to stabilize his country, crack down on corruption and stop the narcotics trade, may have precipitated the about-face, says Safi. "What he said [on Sunday] was not based on analysis but political survival. He knows he is losing...