Word: nevers
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...never rain in California, but it sure does in Boston. Throughout the winter, it was easy to complain about the biting winds and frigid temperatures. “Those Stanford students are so lucky,” we muse as we trudge through the slush to class...
...reform still needs to get through the full Senate. Then the House and Senate would have to work out a compromise bill, which would have to get through the House and Senate again, which would mean ample opportunities for filibusters and other delays. And the window for bipartisan cooperation - never a particularly large window - gets smaller every day. "Time is not the friend of reform," an Administration official told me in January. "This won't get done after everyone goes home to campaign in August...
...through the House and Senate again. It could happen. But don't be surprised if in a few months you see Gregg shaking his head sadly: If only the Democrats weren't so intransigent about proprietary trading, or 15-1 leverage restrictions or something else you've never thought about, we could've had a deal. And don't be surprised if the Beltway consensus then concludes that failure was inevitable...
...While it may be true that a camera never lies, it certainly can be misleading. The video is harrowing, and a viewer armed with nothing more than 20/20 hindsight can feel the knot in his stomach tighten as death draws near on Baghdad's outskirts. But viewed in isolation, lacking any insight into what else was going on in that neighborhood on that particular day, what may have seemed at the time to be a justified military action looks wanton and possibly against the rules of war. (See pictures of Iraq's revival...
...collapse of the bubble economy after 1990 shrunk the size of Japanese firms and led to a restructuring that is still playing out today. The percentage of the workforce employed in part-time, temporary and contract work has tripled since 1990, forcing workaholic Japanese businessmen, many of whom never married, into a lonely early retirement. "Their world has evaporated under their feet," says Scott North, an Osaka University sociologist who studies Japanese work life. "The firm has been everything for these men. Their sense of manliness, their social position, their sense of self is all rooted in the corporate structure...