Word: majors
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...terms of paying for the packages, the president offered two major plans. The first was to increase taxes on those who make more than $250,000 a year. The second was to cut spending in Iraq. The two challenges to the success of those tactics depend on how many U.S. citizens who are rich become poor due to the recession and how much military effort will have to be switched to Afghanistan. It would be premature to make a forecast about either...
...there's absolutely no rational reason why a rally couldn't be considered the real thing. I've looked at all of the major stock market collapses that we've had (40% decline, or more) including this one. Since 1900, we've had six others, and two of them were Depression related - one was the beginning of Great Depression and one was in the middle of the Depression era, in 1937. And the other four were outside of that era. When you look at those, what you find out is, off the low of every one of those...
...first thing that comes to mind is, 'O.K., he's going to tell us what time we need to have our things packed,' " says senior Anya Dixon, 28, a music industry major. Luckily, the news was better than expected: Pritchett detailed an emergency backup plan, explaining that if the water stopped flowing, the school would suspend classes and arrange alternative housing and food services. But it would not close altogether. "A lot of people were relieved to know there was still hope," says Dixon, adding that because the school's tuition is just $7,000 - far below the average...
...minute that all this lavish spending at the Grand Palais in Paris might be an indication of a positive turn of events for the world's economy. Indeed, it may be just the opposite. David Nahmad, one of the world's top private art dealers who doubles as a major world currency trader, says the eagerness to invest cash in art is a very visible confirmation of the skepticism that investors have about the crippled financial system. "People today don't know where to put their money. The banks are fragile, the hedge funds don't exist anymore, stocks...
...cases without exhausting legal means at home." According to Ponomaryov, there are some basic reasons Russians do not like their own courts: "We have this inherited Soviet mentality, where judges can't conceive that in a case where the government is involved, the government could lose." Corruption is another major reason for disillusionment. "Khodorkovsky never had hope, because he was fighting against the government," says Ponomaryov. "We protested, we had meetings, but whatever we did, it didn't matter, because Putin had his own interests...