Word: signs
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...chute through which bright young men can get to college. The school boasts a near perfect graduation rate and sends 99% of its graduates on to higher education. (In 2009 the one student who didn't go to college turned down a scholarship from the University of Michigan to sign a seven-figure contract with the Detroit Tigers.) (See pictures of Detroit's beautiful, horrible decline...
...share of the economy should increase when there are fast-growing companies needing outside funding, like railroads in the late 19th century, manufacturers in the 1920s and tech firms in the 1990s. If financing wasn't in great demand in the booming 1960s, perhaps that was a warning sign of stagnation to come rather than evidence of the uselessness of financiers...
...spring during a videotaped interview, he was forced to apologize less than 24 hours after the video aired. In early September, the bishop of Scranton, Pa. - a Burke protégé - abruptly resigned after a stormy tenure and was not reassigned. Veteran Vatican watchers took it as a sign that some Burkean antics - such as threatening to refuse Vice President Joe Biden Communion and disparaging the USCCB - would not be tolerated...
...years - a time in which the needs of farmers, the ambitions of environmentalists and the thirst of cities clashed. The big news this week is that California finally passed legislation to overhaul the state's aging water system. Governor Arnold Schwarzenegger called it "an historic agreement" and promised to sign into law. "Water is the lifeblood of everything we do in California," Schwarzenegger said. "Without clean reliable water, we cannot build, we cannot farm, we cannot grow, we cannot prosper." (See a story about the water crisis in the American west...
Even now, not everyone is happy with the package of bills Schwarzenegger says he will sign. Many key provisions were weakened during the final weeks of negotiations, and the Sierra Club, for one, opposed the legislation, saying too little is being achieved. But frequent foes in the past, including the Westlands Water District, representing agribusiness, and the Metropolitan Water District of Southern California, the state's biggest urban supplier, came together to support the legislation. "No one is getting 100% of what they want," says Assembly Speaker Karen Bass, a Los Angeles Democrat, but "it is the only...