Word: spent
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...expect Delaware to do anything to tamper with this profitable business line. The state's division of corporate services recently boasted it spent just $12 million to earn $700 million - a quarter of the state's annual revenue. That enviable cost-revenue ratio has triggered copycat competitors. It couldn't be easier. Apply online - providing less ID than it would take to get a library card - and have it all processed within 24 hours, for little more than $100; Nevada and Delaware will do it all in an hour for $1,000. Then, for modest fees, enjoy the illusion...
...means that - unlike Jobs' self-professed hobby, the Apple TV - the iPad will be a site of rapid innovation over the next 24 months. Making broad statements about Apple's long-term intentions based on features that didn't ship with Version One is a fool's errand. We spent six months hyperventilating about how Apple was screwing over small developers by forcing everyone to develop Web apps, and then they launched the software-development kit and the App Store, and the iPhone turned into the biggest gold rush for small developers in the history of computing. (See 19 rejected...
...that deficits have risen the fastest in the euro-zone group, which requires members to limit their budget shortfalls to 3% of GDP. Many of these countries began exceeding that threshold before the financial crisis began and then went well above it after the crash. E.U. countries collectively spent $1.5 billion to save their vulnerable banking sectors and a further $200 billion in stimulus funding to revive their economies. Although the latter helped the 16-nation euro zone exit the recession in the middle of 2009, it also lifted already lofty deficit levels even higher - and brought Greece and Spain...
...Monday, NASA administrator Charlie Bolden unveiled both Obama's proposed space budget through 2015 and the Administration's plans for how that money should be spent. And though Bolden filled his prepared remarks with all the usual promises to "blaze a new trail," answer a "bold challenge," "spur innovation" and, of course, inspire young people, the fact of the matter is that the new plans will keep America on the ground for most of the next decade or longer. And whenever U.S. astronauts finally do return to space, they won't be going very far. (See the 40th anniversary...
...much depends on just where the center of gravity in Iran's regime lies in the postelection political landscape. Ahmadinejad spent much of his first term filling positions with allies from the Revolutionary Guard, the élite military force, and they returned the favor by orchestrating the postelection crackdown. It's not clear now just who calls the shots. Also, concerned with the danger posed to the regime's survival by internal strife, hard-liners may be tempted to pick a fight with the West to create a pretext for cracking down harder at home...