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...reaction to the bonus issue is that Congress is in the midst of passing a bill to tax the payouts at a 90% rate, punishing people for taking money that they appeared to be entitled to and doing nothing to the management that agreed to the deals in the first place. The tax will not be the end of the blow-up. Indignation makes good theater for politicians and makes some of their more naive constituents think that their elected officials are looking after their best interests...
...teens still represent a small percentage of unmarried mothers. The birthrate for teenagers ages 15 to 17 is about 22 per 1,000, while their older peers ages 18 and 19 are having three times as many babies, almost 74 for every 1,000. Even higher is the rate for unmarried women in their 20s, who now make up the majority of single mothers...
...none of that has calmed this week's circus in the nation's capital. And so on Thursday, after little debate, the House overwhelmingly passed a measure to tax at a rate of 90% not just the AIG bonuses in dispute, but the lion's share of bonuses paid since the start of the year to all employees making more than $250,000 a year at firms receiving more than $5 billion from the government's banking rescue program known as TARP. The Senate next week is expected to take up its own clawback bill, which would...
...That said, it's not all pretense at Barvikha. The facilities comprise a series of rectangular glass buildings with striking wooden slats on the exterior. The black-brown-ecru lobby is filled with recessed lighting and features a first-rate bar and restaurant. Service, which is never reliable in Russia, is as good as it gets in Moscow. Plus there's the spa, which is run by an English-speaking staff and seems to be permanently infused with the scent of jasmine and a soft, very hip soundtrack that will make you feel younger than you are - which would seem...
...course, his philosophy runs straight into reality. Catholic missionary groups are at the center of efforts to reduce the rate of HIV infection in Africa, which accounts for just over 12% of the world's population but has more than 60% of its AIDS cases. Speaking on French radio, European parliament member Daniel Cohen-Bendit called the Pope's latest comments "close to premeditated murder...