Word: poundingly
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DIED. KARL SHAPIRO, 86, poet whose V-Letter and Other Poems, written while he was in New Guinea during World War II, won the 1945 Pulitzer Prize; in New York City. Shapiro's profile dimmed following his early success, but he remained an iconoclast, blasting T.S. Eliot and Ezra Pound as detriments to poetry...
Anyone who has ever traveled to Britain knows the re-assuring jangle of a 1[pound] coin. It's weighty stuff, nearly twice the heft of an American quarter, and six times as valuable. It's got a gilt-colored exterior and a serene-looking Queen Elizabeth II on the face. It's a thick coin, about three stacked quarters high, and the British Royal Mint has dressed up the edge with fancy-looking Latin inscriptions ("Spend me wisely," they seem to say). The pound feels like real money. It feels great...
...into circulation. By year's end the U.S. Mint hopes to have about 1 billion of the dollar coins bouncing in our pockets. And unlike the Susan B. Anthony dollar of the 1980s--a wimpy, woefully misshapen quarter--the new Sacagawea dollar has the gravity and import of the pound. It looks and feels like something you might see in an Old West saloon, perfect for a nation that worships its frontier past. (It's no accident that an Indian princess and scout decorates the face...
...traders, they got caught in the spring turmoil too--and compounded their losses by betting against the dollar, apparently in a futile attempt to make back what they had lost on plunging tech stocks. Last week Soros--best known for winning $1 billion in a bet against the British pound in 1992--publicly overhauled his firm, saying he would no longer take big risks. Druckenmiller, as chastened as those twenty-somethings, abruptly left the company...
Burden or even eliminate the second-hand computer and automobile markets. If the operating system of a computer or the anti-lock braking software in a car is "licensed," licensors will be able to extract a pound of flesh for the privilege of transferring the software. As more and more goods have programs in them, UCITA will have great potential for harm...