Word: spooks
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...Leningrad siege. "Intelligence officers were really glorified," says Stelmakova, "in movies, literature, propaganda." Putin fell for the "romance of intelligence service." Putin says he was so keen to join up that he actually went one day--at age 15--to the local KGB headquarters to volunteer. There, a benevolent spook explained that "we don't take people who come to us on their own initiative." His advice: Go to law school...
...boom has been to raise consumer debt and the U.S. balance-of-payments deficit to alarming levels. These have added to the inflation concerns of Federal Reserve Chairman Alan Greenspan, who on Feb. 2 jacked up interest rates another quarter of a percentage point. Further tightening could spook an increasingly jittery stock market, and the pressure for a bigger boost remains strong. Much of America's current wealth could evaporate with stunning speed. Despite big average increases in disposable income, Tyson pointed out, "savings rates are still declining, and no one knows what to do about that in any country...
...collages like "Dr. Satan's Echo Chamber," a 20-second exploration of the evil one's sound effects. But such moments of humor are sparse in DJ Spooky's austere, dark music. Though not always as fresh and innovative as Riddim Warfare, Subliminal Minded provides an ample amount of spook, just in time for Halloween...
...audiences buzzing before The Blair Witch Project when they pictured a young female lifeguard returning late to her job to find two dead people floating in the pool. Word is that the film is just as unpredictable as The Sixth Sense and more edgy than any of the summer spook-a-thons. Our team is hitting the Boston premiere and afterparty this week. We'll give you our report on the movie and the scene in the next issue...
Throw another burger on the grill, Martha. Just in time for Labor Day, some surprisingly good labor news sent Wall Street traders off to the Hamptons happy. After spending a glum week worried that a string of less-than-positive economic numbers would spook the Federal Reserve into yet another rate hike in October, traders were wishing and hoping that the August unemployment numbers would show that inflationary pressures had already been brought to heel. The news was even better than they hoped: Unemployment was down, but not too much, and hourly wages were up, but by just pennies...