Word: reformer
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Leading up to today’s midterm elections, corporate reform, the politico’s favorite summer topic, surprisingly vanished from the legislative agenda. The reason for its absence, it seems, is that the issue was checked off Washington’s to do list before the job was really done. While media hype has always functioned as an impetus for change, once the issue falls from front-page news, so—sadly—does its legislative support. Our corporate accounting problems will not simply go away because President Bush took a brief moment to scold business...
...creates a parliament based on universal suffrage, even if he will appoint a third of the seats. The emir wins praise for scaling back military purchases; he believes they encourage corruption and that Qatar is too small to defend itself against a major attack anyway. Hamad has begun to reform the education system, with the ambitious aim of upgrading it to U.S. standards...
...calm muscle spasms or get the munchies to help with AIDS wasting (see following story). But they are not the people who put the debate into high gear. A few years ago, the Drug Policy Alliance--an organization founded by billionaire philanthropist Soros, who wants to legalize marijuana and reform drug laws by replacing jail time with rehab--decided it would fund only those initiatives that could be won. So the group ran a bunch of polls to find out how America feels about the drug wars, and the reformers came up way short on everything but three policies: people...
...Walters vilifies, don't have much kinder things to say about him. In fact, for old rich men, they can sound a lot like Tupac. One of them, Sperling, 81, is founder of the highly profitable nationwide chain the University of Phoenix. He has spent $13 million on drug-reform campaigns and lots of other money on other pet projects, including cloning his cat. "Mr. Walters is a pathetic drug-war soul who is defending a whole catalog of horrors he's indifferent to," Sperling says from his office in Phoenix, Ariz. "The government's drug-reform policy is driven...
Since Heizo Takenaka was appointed Japan's Financial Services Minister five weeks ago, he's been remarkably blunt about what was needed to straighten out the country's overextended, reform-proof banks, those black holes that continue to suck the life out of Japan's economy. A hard landing was required, he said. Hopeless loans?Xthere are at least $420 billion worth of them?Xhad to be sold off on the cheap or written off once and for all. In addition, the government would have to take over banks that were insolvent by any definition other than that of wishful...