Word: richness
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...slight spin on the name of a popular folk song from the Great Depression, "How can a rich man stand such times and live?" He could buy a smaller car, for starters, such as the about-to-be-released Rolls-Royce Ghost, the first lower-cost limousine to be produced by the world's luxury automaker in more than a decade...
Today, the word oligarch is bandied about in the media, but it is a misnomer. The oligarchy is no longer detached from, or in opposition to, the state. It is an extension of it. Many of the very rich people who once ran Russia still run it - but they have been brought to heel by a vastly more powerful Kremlin. Their wealth is "granted" to them by a Kremlin that demands loyalty and is prepared to use all means available to enforce it. They serve the Czar (or President, or Prime Minister) at his pleasure. They understand very well that...
Theo Chesley Noses his six-seat turboprop into a drizzly wind and levels off, soaring above the rich, silty veins of the Nushagak River in southwestern Alaska. The Nushagak is a salmon highway. To the west, its waters flow into Bristol Bay, home of the richest commercial-fishing grounds left in the U.S. About 40% of the wild seafood caught in the U.S. is fished right here...
...proposed site of what would be one of the largest mines in the world. The Pebble Mine, if it goes forward, could produce copper and gold worth more than $300 billion at current market prices. But opponents say its development poses a toxic threat to Bristol Bay's rich fishing grounds - and to a way of life that dates back centuries. "There's a whole lot of land and water in harm's way," says Chesley, a salmon fisherman when he's not flying charters. "I'm not an environmentalist, but I do give a s___ about the land...
...most of Alaska's history, the environment has been an afterthought on the road to exploitation. From the arrival of Russian fur trappers in the 1780s, the Last Frontier has been a rich trove of resources. Today oil and natural gas provide more than 85% of the state's revenues, along with a royalty check for nearly every one of Alaska's 686,000 residents. "Being against development here is literally the third rail of politics," says Bryce Edgmon, an Alaska state representative from Bristol...