Word: perots
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...solution, some observers say, is simple: use information technology to break through the Beltway barrier. Ross Perot champions an "electronic town hall," a kind of cyberdemocracy that, via push-button voting, would let people make the wise policy decisions their so-called representatives are failing to make for them. And now, vaguely similar noises are coming from someone with real power -- inside-the-Beltway power, no less. Speaker of the House Newt Gingrich, who last week spoke at a Washington conference called Democracy in Virtual America, is trying to move Congress toward a "virtual Congress." He envisions a House committee...
...were a magic potion for losing weight. The morning trudge to the bathroom scale would no longer be so disheartening. The obligatory resolution to shed a few pounds would be easier to keep. And the canny scientists and entrepreneurs who developed this antiflab formula would be richer than Ross Perot. Unfortunately, repeated efforts to produce a weight-loss wonder drug have been no more successful than Perot's presidential bid. Dozens of diet pills have come and gone, raking in billions of dollars for pharmaceutical manufacturers. But for long-term effectiveness, the pills might as well have been chocolate-covered...
...fears that the devaluation has raised add ammunition to the arsenal of free-trade critics who warned that Americans would be hurt more than helped by NAFTA's close entwining of the U.S. and Mexican economies. In a blistering op-ed article in the Los Angeles Times, Ross Perot, NAFTA's most vocal adversary, declared the devaluation would cost the U.S. thousands more jobs and as much as $20 billion in lost investment capital...
...what Perot saw as an evil plan to suck away American jobs seems to have the Mexican government scared--and rightly so. Yet the result is quite different from Perot's original prediction. Perot had pictured a secret, planned devaluation, not an occurance which is clearly a function of the market. In fact, the sucking sound he envisioned has yet to materialize...
...player in the world economy, it has been forced to concede to currency market forces. By doing so, Mexicans should both create jobs and boost trade in their own country. Thanks to NAFTA, is should do the same in our country. The only true sucking sound is that between Perot's ears...