Word: strides
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Inside, purposeful people stride down endless hallways, past frosted-glass doors with signs denoting COLLECTION, AUDITING, INFORMATION--and one that reads OFFICE OF ACCURACY AND PERFECTION, ROOM 7513. But within the empire of the largest and most successful tax and enforcement agency in history, there is nothing resembling perfection. Like the old Soviet Union, grand and powerful on the outside but an antiquated shambles within, the IRS has profound problems with outdated technology and outmoded thinking that have undermined its self-described mission: "To collect the proper amount of tax revenue at the least cost...
...CalPERS and others are getting drunk with power--as did brash dealmakers in the power seats of the '80s. Consider this year's losers list, announced last week. Sure, it has some real dogs, such as struggling Apple Computers Inc. and Stride Rite, a worn-out shoe company. But CalPERS also stepped on sneaker company Reebok. This is odd, given that Reebok's stock has doubled in 10 months and beaten the market averages handily in the past year. That's not all: Reebok shares have risen an average annual 29% since the bull market began in October 1990--outdistancing...
Whether it was Henry Higdon barely breaking stride after leveling a Cornell defenseman at the blue-line, or whether it was Geordie Hyland collapsing onto the ice entangled with both a referee and another player during one of the game's many full-fledged fights--Harvard made its pretense felt...
BEIJING: In perhaps the greatest tribute to Deng Xiaoping's campaign to rid his country of the personality cult that had done so much damage under Mao, China is taking his death in stride. Markets in Hong Kong, Beijing and Taiwan were up on the first day after Deng's death as investors continued to pursue Deng's famous exhortation, "To get rich is glorious." Nowhere was the contrast to the past more evident than in Tiananmen square. It was here in April of 1976 where tens of thousands of Chinese gathered for several weeks in an outpouring of grief...
...record, don't get me wrong, but it is a gooey kind of thing, like eating molasses cookies or bittersweet chocolate mousse. Over all, it is an album better suited to high school, or immediately after, when emotions run hard and deep, and we take melodrama in stride...