Word: nationalization
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...pigs by restricting - or seeming to restrict - the pay at outfits that have taken government bailout money, it's a bit pointless too. Because to some extent, Wall Street's pay and its problems really are misunderstood. (Stop snickering! It's true.) Even though "Wall Street" means the nation's big financial and investing operations, not a geographical location, a disproportionate number of Street people live in Manhattan. Things in the desirable parts of that borough are expensive beyond belief, especially if you have children and feel the need to send them to $40,000-a-year private schools...
...from $30 billion in 2009 to more than $60 billion in 2012, resulting in what he says will be a doubling of business taxes from $250 to $500 per worker per year by 2012. "Eric's correct, in my opinion, to place an emphasis on trying to make our nation more competitive and prop up the private market - a place which has been kind of under assault the last year or so," says John Feehery, a GOP strategist and former adviser to House Speaker Dennis Hastert. "He's obviously geared toward the small-business sector. The big guys can handle...
...South Korean TV shows and music known as the Korean Wave. On the black market in North Korea, American DVDs go for about 35?; South Korean ones go for $3.75, because of the higher risk of execution for smuggling them in, according to two recent defectors from Pyongyang. The nation's films and dramas have become so widespread across North Korea that the regime launched a crackdown this fall on North Korean university students, the movies' biggest audience, and smugglers at the Chinese border, charging some with promoting the ideology of the enemy state. "The government is terrified...
...With 58 million daily customers worldwide, McDonald's are now so ubiquitous around the globe that The Economist publishes a global ranking of currencies' purchasing power based on the prices charged at the local Mickey D's, dubbed the Big Mac Index. That's not to say that every nation carries the same menu items: choices vary widely depending on location. The biggest seller in France after the Big Mac is a mustard-topped burger called Le Royal Deluxe. Some Asian locations serve fried shrimp in a Big Mac roll, while McDonald's in India don't serve beef...
...real question for the U.S. should not be about the morality of a drug dealer on the CIA's payroll but whether it's a metaphor for the huge challenge we face in Afghanistan. Do we stand any chance at all of building a modern, peaceful nation with confederates like Ahmed Wali Karzai? Vietnam would suggest the answer...