Word: seniorities
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...every business can be special," says J.D. Foster, senior fellow at the Heritage Foundation, a conservative think tank in Washington. "When you start identifying federal programs to prop up every conceivable industry that's complaining of economic hard times, you end up with a situation in which everybody is supporting everybody- which means nobody is being supported...
...comical situation; in our effort to thank this man for setting up our internships, we ended up setting him back nearly $100. Not only that, we inadvertently slighted him by attempting to treat him in the first place. In Korean business culture, when an intern pays for a senior, more established employee’s meal, it becomes a loss of face for the latter. Our colleague’s gesture was a kindness, yes, but also a necessary product of Korea’s Confucian social mores that say older people have responsibility for—and power over?...
...however, there is a growing sense in the White House that more stimulus is indeed necessary, even though the political environment for further action has soured. "Given what we know now about how sick the economy, it turns out, was getting, probably bigger might have been better," a senior White House official admits. "It was always an issue, of course, of what could you get through Congress." (Read "TIME Health-Care Poll: Americans Back Reform, Worry Over Details...
...third of his time to working to get a health bill passed. On July 22, Obama was struck by Washington Post columnist Steven Pearlstein's contention in the morning paper that even an imperfect health-reform plan beats the status quo. The President circulated the column to his senior staff, Emanuel recalls, declaring, "This is required reading." And that night at his prime-time news conference, Obama repeated Pearlstein's argument. Top aides say he spends at least two hours a day in meetings and on the phone with key members of Congress, particularly those on the Senate Finance Committee...
...Niger Delta, in the south, has reduced oil output by a third, hitting government revenues. This week's fighting will add to the sense that the government is losing control. "The government is no longer in control of the security situation outside the main cities," says a senior U.S. diplomat in Abuja. "You can't drive in the countryside at night and not get attacked, and sometimes in the daytime as well...