Word: perring
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...prohibiting its purchase by citizens under age 21. (The bill has been referred to the California state assembly's public-safety and health committees; Ammiano says it could take up to a year before it comes to a vote for passage.) State revenues would be derived from a $50-per-oz. levy on retail sales of marijuana and sales taxes. By adopting the law, California could become a model for other states. As Ammiano put it, "How California goes, the country goes...
...then there was South Korea's Park Chung Hee. A general who took control of the country in a 1961 coup, he ruled, often with an iron fist, for 18 years. Yet he was deeply moved by South Korea's destitution. In the early 1960s, the country's per capita income was just over $100, and the economy depended on American aid. Park, a virulent nationalist, vowed to do something about it. "I had to break, once and for all, the vicious cycle of poverty and economic stagnation," he later wrote...
Freshman proctors may see cuts in their meal plans next year, according to Dean of Freshman Thomas A. Dingman ’67. He said both cuts in the 15-meal per week allotment for proctors and a total abolishment of the proctor guest meal plan are on the table. “The proctors work hard and this is an important part of their compensation,” he said. “We want their presence in the dining hall.” While proctors emphasized the importance of interacting with students—especially in Annenberg?...
...smart or dumb, and in the coming years we need to be pragmatic and distinguish. Globalization proponents—especially those who support the phenomenon on the condition that it’s better managed—have nothing to fear from economic nationalism and state intervention per se. The economic interconnectedness of the world is not disappearing, and we will need to address most problems collectively. But this time we need to be more careful not to put all of our eggs in one basket. Many forms of economic nationalism can help with that...
...country's No. 1 priority is to create jobs, then a hidden $1,300-per-family energy-tax increase in the guise of a cap-and-trade system is absolutely destructive. Herbert Hoover raised taxes in 1932, and it further crippled the economy. The war-on-wealth rhetoric (Obama talks about punishing companies that send jobs overseas; Vice President Joe Biden said he wanted to throw CEOs "in the brig"; Senator Claire McCaskill referred to CEOs as "idiots") and policies of this Administration and the Democratic Congress are making it difficult to stabilize the stock market and much harder...