Word: neutral
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...dollar. In view of the monstrous U.S. trade deficit--a hemorrhage of greenbacks spent on foreign goods that is currently heading toward $400 billion a year--it is a bit surprising that that hasn't happened already. The reason, says Blinder, is that "the representative centimillionaire in a neutral country like Switzerland or Singapore, sitting down to figure out where to put his last $10 million, is saying, 'The U.S. looks pretty good.'" So the dollars spilled abroad by the trade deficit come right back in the form of investment, and the buck stays strong...
...this is not an option in ours. We must beware that greatest of all temptations: the belief that all that time leading up to the moment of choice is morally neutral. This temptation promises that we're not responsible for electing a president unless we vote; we're not responsible for our actions until we become self-aware; that we haven't really picked a post-graduate job until we are happy with...
...Sydney were the first of many modifications to the city's fabric. Old Sydney was a stone town. The softly glowing Hawkesbury sandstone, seemingly designed on some primeval color wheel to complement the Australian sun, sea and sky, was hewn from quarries in the suburbs of Bondi, Maroubra, Neutral Bay and Pyrmont. It built some of the city's greatest landmarks: the Town Hall, the Queen Victoria Building, St. Mary's and St. Andrew's cathedrals. Granite came from as far away as Scotland, sitting as ballast in passenger and cargo ships; later it was quarried at Goulburn outside Sydney...
...action by Harvard to restrict Napster access at this point would also be premature. The illegality of the service itself has still not been established; the file-sharing software is content-neutral and has significant legal uses. Although U.S. District Judge Marilyn Hall Patel has found Napster to be liable for copyright infringement and issued an injunction against the service, this injunction has been stayed until the appeal can be heard by the 9th Circuit Court of Appeals this October. It would be foolish for the University to block access to a service that is currently legal to operate. Should...
...time sound like a reasonable political decision. For the moment, he announced, the United States will not proceed with its planned National Missile Defense system. The next President, who will have to reassess the plan?s various diplomatic and technical glitches, will make any decision to shift out of neutral. The $60 billion defense project was to be completed in 2006, but this delay could easily push that date back a year...