Word: standardly
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...Stock Exchange's PX 50 index tumbled by 5.8%, the second biggest loss in its history; the Czech press dubbed it "black Wednesday." Budapest dropped by 5.45%, while Bratislava and Warsaw fell by more than 2%. By week's end, the bourses closed up to 9.4% lower. Analysts say standard profit-taking was responsible, but perhaps it was a bubble - inflated by post-accession optimism and rising regional economies - that needed to burst. "I think it was a classic case of overheating the market," says Artur Szeski, an equity analyst at CDM Pekao in Warsaw. "Right now the valuations...
...film writer who has written for cable and broadcast, "and that's what's scaring people." To better draw the line, industry sources tell TIME, broadcasters are considering a court test case--possibly even trying to overturn the 1978 ruling that defined the FCC's indecency standard, on the grounds of inconsistency. "There are two difficulties" that the FCC faces, says a broadcast executive. "One is that extreme [regulatory] positions are going to run into constitutional problems. The second is inconsistent and vague rulings are going to run into constitutional problems." Another strategy for networks is to argue that...
...SETS THE STANDARD...
...Acosta, a police officer from Florida who worries about protecting his 6-year-old son from dirty TV, expresses that sentiment plaintively: "We have to go back to the '50s. The world is going crazy. The '50s was a great time." Perhaps decency advocates mourn not only the moral standards of the '50s but also the social consensus. Opinion about today's balkanized media is as fragmented as their audience. So who should set the standard? Parents of kids under 18? (They make up only 36% of U.S. households.) Senior citizens? That gay guy with the nipple ring...
...season, and first-time abusers miss a quarter of a season. Baseball players miss 10 days, or about 5% of the season--and the legislators were incensed to learn about language that allowed a fine instead of suspension for first timers. Olympians--facing the gold standard in terms of strictness--are subject to testing at any time and barred for two years for a first offense, for life after a second. In baseball, it's five strikes and you're out. Noted Georgia Republican and House reform-committee member Lynn Westmoreland: "There are a lot of people in prison that...