Word: neutralization
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McGraw is not totally risk averse--a neutral mention of abortion on his 2002 hit Red Ragtop was a country watershed--but in general he is too cautious and too willing to compromise his individual perspective to be considered a significant artist. It's a shame, given that his biography is rich territory: he was born dirt poor, he discovered as an adolescent that his father was the late big-league pitcher Tug McGraw, and he was rejected by almost every record label for being too ordinary before becoming a star when Curb Records finally took a chance...
...victims of the war, few have had such a pitiful history as the Hmong. Recruited, armed and trained by the CIA to conduct a "secret war" in officially neutral Laos, the Hmong fought to contain Vietnamese troop movements along the Ho Chi Minh Trail through central Laos and to rescue downed American flyers involved in a covert bombing campaign. The Hmong campaign was not publicly acknowledged by the U.S. until 1994, when former CIA Director William Colby told Congress of the Hmong's "heroism and sacrifice." Shortly after the Pathet Lao regime took power in 1975-two years after...
...simpler, fairer, pro-growth” tax system. And he promises to do it a “bipartisan” manner—appointing a panel of experts and economists who will advise his Treasury Secretary about bold new options for revamping the code in a revenue-neutral way (remember, after all, there is that pesky deficit...
...given new life to strategies designed to profit in a stalled market. All but vanquished during the long bull run of the 1990s, "market timers"--who try to catch a stock's highs and lows as it trades in a narrow range--are sprouting again. So are "market neutral" investors, who through options and other techniques try to hedge away any market movement but gain from temporary stock-price discrepancies...
Some mutual funds trade in pairs, though their performance has been spotty. The Laudus Rosenberg, GMA Gabelli and Franklin U.S. long-short funds and Phoenix Market Neutral sometimes give the pairs game a spin. But, says Dan McNeela, an analyst at the fund-research firm Morningstar, "these kinds of funds tend to have above-average expenses...