Word: reliefer
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Dumb ideas never suffer a bear market on Wall Street. And one of the most durable of all dumb business ideas is the notion that investors have to overhaul their portfolios every time Congress tinkers with the tax laws. Now that the Job and Growth Tax Relief Reconciliation Act of 2003 has reduced the maximum tax rate on dividends from 38.6% to 15%, Wall Street is flogging dividend-paying stocks as if they were the best way to pump up performance since Viagra...
...habeas corpus--the right of the accused to be released from unlawful detention--has been gutted and is rarely available to state prisoners. This year, in a case I argued and lost 5 to 4 in the Supreme Court, Rehnquist was in the majority in holding that habeas corpus relief was not available to a state prisoner who was given a life sentence--with no possibility of parole for 50 years--for stealing $153 of videotapes under California's three-strikes...
...good Franklin Graham did in 1990 when he distributed aid at a Jordanian refugee camp during Gulf War I, he still drew fire from the International Red Cross. It objected, he has written, to his mixing relief with religion by passing out a copy of something he called the Jesus film. The movie popped up in the news again in 2001 when aid workers Heather Mercer and Dayna Curry were arrested by the Taliban after Mercer showed an Afghan family what she later described as "a film about the life of Jesus...
WASHINGTON, D.C.—Supporters of affirmative action in higher education—including Harvard’s top administrators—breathed a sigh of relief Monday as the Supreme Court delivered two landmark rulings upholding the use of race as a factor in admissions...
This summer, I feel the same relief in the morning as I did during high school each time the train winds around the corner in the distance and approaches the station. The sun glints off the shiny, steel hull of the train racing within yards of apartment windows, and turns it into a beacon warning people to ready themselves to board...