Word: spent
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...taxpayers demanding details about the likely return on the investment. But even the minimal strings attached did not prevent the first $350 billion from vanishing, with the government overpaying about $78 billion for the assets it bought. The banks told pesky reporters and congressional watchdogs that how they spent the bailout cash was really none of their business. And now, Tim Geithner informs us, the financial system needs $2 trillion more...
...least Obama has talked about the stimulus for an hour. Which is about an hour longer than Dem leadership has spent with us on this. 12:15 PM Jan 27th from TwitterBerry...
...course, if you've ever spent any time on Facebook or Twitter, you know that much of what people post is simply the boring minutia of daily life. Did we really need to know what Iowa Senator Chuck Grassley was doing for New Year's? ("I didn't stay up to see Ball drop. I will watch Hawkeyw ftball. Otherwise read. Not a very exciting new year celebration but tradition for me.") Or that McCaskill broke her diet on Saturday and had a chocolate mousse with raspberry sauce? Probably not, but if Americans really want an unvarnished look at their...
Corporate managers in Asia have always treated their staff with a touch of paternalism. Companies were not meant to be simply places of work, but big, happy families. In parts of north Asia, especially Japan and South Korea, employees spent more time with their coworkers, either at their desks slaving away until late at night or in regular evening drinking fests, than with their own husbands and wives. Layoffs were considered unseemly. In Japan, a social contract of "lifetime employment" guaranteed full-time employees they would have jobs until retirement. In China, communism brought the "iron rice bowl" and institutionalized...
...animosity between Mugabe's regime and Tsvangirai's Movement for Democratic Change (MDC) is unlikely to be cured by a few fine words. Mugabe's security forces have spent the past nine years beating and killing members of the MDC. After a general election on March 29, 2008, which the ruling Zanu-PF lost and in which Mugabe came in second to Tsvangirai in the presidential vote, security forces and their allies killed nearly 200 activists and injured thousands more in a campaign of terrorism across the country. Tsvangirai himself has been beaten more than once. Even after Mugabe...