Word: reds
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...Take Britain. Just as it did in Ireland and Spain, consumer confidence in the U.K. swelled in recent years on the back of rising housing prices. But in all three countries, red-hot housing markets have suddenly gone cold. With jittery banks slashing the range of available mortgages, and rocketing gas prices nudging inflation to 3.8% - well above the Bank of England's 2% target - demand in Britain's housing market has been choked. House prices fell 1.7% last month, according to Halifax, a major mortgage lender, and a total of 8.8% over the past year. That's hit Britain...
Saturday night's dinner amidst the gardens of the Jianfu Palace, tucked away in the Northwest corner of the Forbidden City, brought together the power brokers who had forged the ties that today bind China and the United States. Blue bloods and red bloods, you might say, gathered for a valedictory celebration of their achievements: Hosted by Hong Kong real estate developer Ronnie Chan, the purpose was to put a punctuation mark at the end of an era - an exclamation point, not a period...
...guests, many wearing fluorescent red stars, the SOHO corporate symbol, stood on the grounds of the Commune, sipping champagne and listening to rock bands and rappers alike - at one point the guests dancing, memorably, to the version of Martin Luther King's "I Have a Dream" speech set to a hip-hop beat. You wouldn't hear that in the Forbidden City...
...course, Chinese fans weren't alone in the crowd. The game was the hottest ticket in town; fans from the Philippines, India, Senegal and the Solomon Islands checked in. And there was plenty of red, white and blue sprinkled throughout the arena. As the Chinese team ran onto the court, Brendan Kelly, a 13-year-old from Los Angeles, waved a Chinese flag, yet wore a Team USA shirt. Who was he rooting for? "China," he says. Why? "Because I'm pissed off at the government," he says. "They've lied to us in the past, and spent...
...Perhaps the most puzzling scene in the ad is an altered segment from The 10 Commandments that appears near the end. A Moses-playing Charlton Heston parts the animated waters of the Red Sea, out of which rises the quasi-presidential seal the Obama campaign used for a brief time earlier this summer before being mocked into retiring it. The seal, which features an eagle with wings spread, is not recognizable like the campaign's red-white-and-blue "O" logo. That confused Democratic consultant Eric Sapp until he went to his Bible and remembered that in the apocalyptic Book...