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...ushering in what economists called the Great Moderation. An explosion of financial innovation was deemed to have provided investors, corporations and banks with new ways of managing risk. Prices of stocks, houses and other assets rose to levels that were high by historical standards--but who was to say the market was wrong in fixing those high values...
Florida's HSR boosters say its rail project could create as many as 20,000 jobs. In addition to the $1.5 billion in stimulus money to fund the 100-mile Orlando-Tampa line, which will likely use the more eco-friendly electric TGV trains popular in Europe, Florida will look for $1 billion from the private sector, which will operate the line. The Florida High Speed Rail Authority predicts the line would be profitable: even with one-way fares of less than $20, say its studies, HSR would generate up to $42 million a year from an annual ridership...
...director, Li Shengying, that the play was "not yet mature." The same year, however, Ai Xioaming, the professor at Sun Yat-sen, staged the play unofficially with students, filming the process for a documentary called The Vagina Monologues: Stories From China. The play ran title and all, thanks, Ai says, to a moratorium on press before opening night. It's a lesson for would-be directors and social activists alike. If you deign to bring sex out of the bedroom, be discrete. You can say "vagina" in China. Just don't shout...
...NCRI says the idea that it is a terrorist group is a politically motivated smear. Mohaddessin argues that Iran fears the NCRI as the only opposition force capable of toppling the revolution and so continues to paint the group as extremist. NCRI officials readily acknowledge that the MEK is a member of its coalition but say the organizations operate independently. In the past, they've also stressed that MEK strikes in Iran did not amount to terrorism because they avoided civilians and targeted members of Iran's political and security structures. "Our legal, just struggle aims to bring democracy...
Dramatic as all that sounds, it doesn't square with the reality described by Iran experts. Diplomats, academics and intelligence officials say most people inside Iran want nothing to do with the NCRI or its primary member organization, Mujehadine-e-Khalq (MEK) - whose bloody attacks on the Iranian regime in the 1980s and '90s landed it on the U.S.'s terrorism list. Experts say the NCRI's support in Iran is now tiny and its international base is shrinking. The NCRI and MEK, say Iran watchers, have become little more than an excuse - or handy alibi - for Tehran's crackdown...