Word: statuses
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...South Korea, golf-club memberships are the ultimate status symbol among the country's newly rich. Limited in number, memberships in the most prestigious clubs trade like prized stocks and often reach hundreds of thousands of dollars. A year ago, the golf membership belonging to Kim Joo Hyong, the chief executive of a small trading firm, was worth $350,000. But as the shockwaves from the U.S. financial meltdown slammed into South Korea in September, Kim nervously watched cash-starved golfers dump their memberships on an Internet site that tracks their value, sending prices plummeting. The country, he became convinced...
...wealthy need to pay their fair share. Well, according to Fortune, in 2006, the wealthiest 3% of taxpayers paid 54% of all income taxes. Democratic President John F. Kennedy reduced the highest marginal tax rate from 90% to 70% because he felt that all taxpayers, regardless of financial status, deserved to keep more of their money. The change led to increased economic activity, more jobs, and more savings. Kent Frederick, Chicago
Daniel Craig plays Bond now, and his turn in Casino Royale in 2006 hit the reset button on the franchise. Like the Christian Bale Batman Begins, the Craig Casino showed a young man taking his first steps toward superhero status. He was stern and ferocious, similar to protagonists in the grittier, glummer, more violent action-adventure films of the past few years. The new 007 was the ultimate fighter, not the ultimate lover. And like Jason Bourne, who woke up one day having forgotten his identity, the Bond series acquired a selective amnesia that erased whole areas of the franchise...
...mean for African Americans. On Meet the Press, Tom Brokaw asked about the "impact ... on the black community and in those neighborhoods where there are dysfunctional families." To many pundits, both black and white, Obama's election to the White House signals the end of black America's unchallenged status as sore losers and complaint-mongers. "African Americans have just entered the no-excuses zone," Jonetta Rose Barras wrote in the Washington Post. Obama "won't tolerate ... the long-standing narrative of victimhood that has defined black America to itself and to the mainstream for more than a century...
Then there are the firms that are not traditional banks that are starting to line up for bailout funds. Earlier this week, American Express filed to change its status to a bank-holding company, which would allow the credit-card giant to apply for TARP funds. Analysts estimate that AmEx could receive as much as $3.5 billion in federal aid. GE Capital is also reportedly looking into applying for a Treasury investment. The troubled finance unit of industrial giant General Electric could receive as much as an $18 billion investment. What's more, a number of members of Congress...