Word: move
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Dates: during 2000-2009
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...Nashville. The Bidwells, formerly of St. Louis, now winter with their Arizona Cardinals while the Rosenbloom family that is selling its piece of the St. Louis Rams used to call Los Angeles home. Meanwhile, won't Oakland Raiders owner Al Davis, long his own best friend and adviser, move his dysfunctional 0-5 team anywhere for the right amount of money? (Oakland fans may also consider paying him to leave.) More recently, teams such as the Dallas Cowboys, the New York Giants and the New York Jets have held up hard-pressed state and local governments for money to build...
...dramatic move against Mexico's Light and Power monopoly divided public opinion in a nation gripped by a crippling recession. Supporters hailed the move as the pro-business President Felipe Calderón's boldest and most effective step toward modernizing the economy - and exorcising the remaining ghosts of the 71-year political monopoly of the Institutional Revolutionary Party (PRI) that ended in 2000. The company and its union, they argue, were self-serving, inefficient cartels holding Mexico back. It employed too many at inflated wages, they argue, and provided a terrible service characterized by daily blackouts and power surges...
...Critics, however, were quick to lambast the move as a brutal attack on worker's rights. They charge that Calderón targeted the electricity union for backing his political adversaries and protesting against his free-market policies, and accuse him of seeking only unions that are weak and loyal to the government. The deployment of thousands of riot police to inform his writ underscored such criticism. "The police and military assault on the electricity workers is a serious setback in the precarious democratic life of our country," wrote columnist Luis Hernández Navarro in the daily La Jornada...
...kept some families on its membership lists through six generations. It had fervently backed the nationalization of electricity grids, and assumed a central role in the state-run Light and Power company when it was formed in 1960. The union had loyally backed the PRI, but as the country moved toward multiparty democracy, the electricity union veered left, supporting the Democratic Revolution Party (PRD), which claims to defend Mexico's workers' rights. PRD lawmakers denounced Calderón's move as unconstitutional, and demanded that it be reversed by Congress. (Calderón and the majority of lawmakers insist...
...political consequences of Calderón's boldest economic-reform move are yet to be revealed. Foreign investors cheered the decision. "This a very good signal," said Gabriel Casillas, head Mexico economist for JPMorgan Chase, in comments representative of the enthusiasm of foreign investors. "It indicates that Calderón could carry out other structural changes to modernize Mexico." Many electricity customers are also looking forward to changes after years of complaining of high bills and poor service. But Esparza has called on fellow unions to take to the streets to fight the measure, and the outcome of the battle...