Word: strikes
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...going forward, how do we strike the right balance between the "democratization of credit" and the overextension of debt? We have to go back to the notion of credit basics. In other words, to buy a house, you can't borrow more than, let's say, 2½ times your gross salary. We know the financial institutions are retrenching themselves right now. The question is, Has the consuming public learned anything from this? That's the more difficult issue...
...decision by Paramount Pictures to refuse to screen the movie for the press. The studio's previous summer toy story, Transformers: Revenge of the Fallen, had earned a sheaf of pans, then took in more than $800 million in its first six weeks of release. Hoping lightning would strike twice, but without the annoying critical thunder, Paramount showed G.I. Joe, which it hopes will be the first in a lucrative series, only to a few reliable bloggers. Less docile scribes like me had to catch a public screening last night at midnight. As the old line goes about some long...
...might soon be cheering on a robotic World Series. Every year or two, Japanese researchers roll out a new robotic invention - the latest to grab headlines earlier this month was a mechanized baseball duo of a batter and pitcher that can throw 90% of its pitches in the strike zone. And while the majority of Japanese robotic inventions - from the dazzling to the horrifying -have largely been unable to break into the mass market, Japanese scientists aren't likely to short-circuit their robotic ambitions anytime soon: Robotic technology plays a larger role in Japan than anywhere else...
...discontent in the bazaar alleys could be seen months before the election. In October 2008, bazaaris closed down their shops in Tehran, Isfahan and other large cities for several days in objection to a new sales tax that President Mahmoud Ahmadinejad had implemented. It was the first general bazaar strike since the Islamic revolution, and the President quickly backed down and suspended...
...past, the sentiments of the bazaar were crucial. The story of the 1979 Islamic revolution cannot be told without recounting the numerous times bazaars in all major cities went on strike to protest the Shah's autocratic rule. The family networks of bazaaris as well as their business networks were so intertwined with the Shi'a clergy that Iran experts spoke of the "bazaar-mosque" alliance as the main reason for the toppling of the Pahlavi monarchy. But is that alliance still holding strong in the wake of the largest protests in Iran since 1979? Could opposition leader Mir-Hossein...