Word: marte
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...Today, we have a well-regulated militia--the U.S. armed forces--a stable government and hundreds of kids dying from gunshot wounds. Yet the gun lobby is desperate to carry the second amendment to the absurdity of letting any schmoe with a driver's license walk into a Wal-Mart and emerge with an assault rifle or handgun...
...even rarer in American business recoveries. Act One, of course, will be familiar to most of our audience from the recent performance of AT&T: fire nearly everyone in sight. It's Act Two--creating sustainable, profitable growth--that seems to be the tricky part. Companies such as K Mart have performed brilliantly in the Sweeney Todd role, slicing overhead and enjoying the resultant earnings boost, but have failed to grow once the cutting stopped. That's the real problem facing Gerstner in the mirror each morning...
...when Governor Orval Faubus resisted integration, using the National Guard to defend segregation, at Little Rock's Central High School. A poor state, with the third-lowest median income in the U.S., the "Land of Opportunity" has nevertheless produced its share of big-money entrepreneurs--like Wal-Mart founder Sam Walton and chicken magnate Don Tyson--and President Bill Clinton. Despite the stature of a Democratic native son in the White House, the past two elections have seen a rise in Republican turnout here, and the G.O.P. is pulling out all the stops this year, especially with two formerly Democratic...
...lobbies as the Christian Coalition, the National Rifle Association and the tobacco industry joined forces to defeat the late Mike Synar of Oklahoma, a Clinton friend, by spending more than $1 million on billboards, radio spots, phone appeals and "voter guides" handed out in church pews and in Wal-Mart parking lots. Similar tactics around the country were a key to producing the first Republican-controlled House in 40 years...
Such problems notwithstanding, countless credit-card wannabes continue to crowd into the field. Next week Wal-Mart and Chase Manhattan Bank will roll out a no-frills MasterCard with no annual fee and an annual interest rate of 14.48%. "We found that people really don't care that much about special promotions," says Keith Morris, a spokesman for the largest U.S. retailer. "They want a card with a fixed low-interest rate that won't go up after 60 or 90 days." But Wal-Mart is baiting its hook with a 9.9% teaser rate to encourage holders of other cards...