Word: slash
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...Rolling Stones first raided the blues bin. Let's call these the good songs. The second are so willfully odd and filigreed as to be almost beyond description, let alone comprehension. Suffice it to say that if you've ever wondered what a Patti Page, Herb Alpert and Slash tribute to Three Amigos might sound like, there's a song on Icky Thump just...
...defaulted on. If the U.S. economy becomes more productive and consumers' incomes rise--as happened, to some extent, in the late 1990s--paying it back might not be a problem. But let's say wages stagnate--one possible consequence of globalization. The alternatives then are debt payments that will slash our standard of living or defaults that could bring a global financial crisis...
...agree with Wiggin, then former Federal Reserve Chairman Alan Greenspan's legendary ability to pilot us past market jitters and avert major economic dislocations is something not to be praised but to be condemned. Among the doom crowd, Greenspan's decision to slash interest rates as the stock market plummeted in 2001, which fueled the last leg of the real estate boom, is seen as his gravest error. Despite his raising rates since then, Greenspan's successor Ben Bernanke is if anything even more reviled. His sin was committed in 2002 when, as a member of the Federal Reserve Board...
...Elizabeth Rasmussen, Director of Edu Exchange Service, the agency that recruited the Bolivian Decatur workers, defends the hotel firm, arguing that Decatur was overstaffed, and therefore had to slash hours, because they "miscalculated the number of workers they would need, not out of malicious intent...
...South Carolina state senator Robert Ford [an African American], who said if Barack Obama were to win the nomination, he would drag down the rest of the Democratic Party because 'he's black.'" That drew yet another round from Team Clinton: "How can Senator Obama denounce the politics of slash and burn yesterday while his own campaign is espousing the politics of trash today?" As for Geffen, he did what few people in public life ever do: he refused to scurry. He issued a statement that his comments were quoted accurately and "reflect solely my personal beliefs...