Word: third world
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Every major metropolis has its share of slums; the U.N. estimates that one-third of the developing world's urban population lives in them, with nearly 40% of East Asian urban dwellers living in slum conditions. In Hong Kong, the worst of those are the cages, a notorious feature of this metropolis. Throughout the city, pockets of grimy, small, privately owned apartments are partitioned into about 10 cubicle dwellings, many with a shared toilet and shower in the corner. Most residents are the working poor, others are mentally ill, elderly, children and the occasional drug addict. Beyond the dwellings' crushingly...
...bunk beds into apartments. Fifty years later, these slums continue to be one of the negative by-products of Hong Kong's meteoric rise from a humble, fishing village into an international financial powerhouse. Asia's world city is now home to some of the world's wealthiest, claiming the distinction of having the most billionaires in Asia, and yet a third of its 7 million residents live in public housing...
...face on a bad situation. "The Secret Service is very concerned about this," says Petro, who spent 23 years as an agent, including four guarding President Reagan and his family. "It's hard enough to protect the President, and this is not helpful." He pauses. "We are not a Third World country." (Read "A Brief History of the Secret Service...
That reason is our out-of-control, highest-in-the-world, wiggety-wiggety-wack health-care costs. They're gobbling one-sixth of our economy, and without reform they'll devour one-third of our economy by 2040; the average family's annual premiums are on track to exceed $45,000 in 2008 dollars. They're already destroying businesses small and gigantic; unaffordable health-care liabilities are one of the main reasons GM and Chrysler went bust. And since half of all health care is paid for with tax dollars, these exploding costs are a fiscal, as well...
...honor, which has grown in stature since Donald Lippincott became the first official world-record holder in the 100-m dash at the 1912 Stockholm Olympics. Lippincott, a student at the University of Pennsylvania, was an unlikely winner: a supplementary member of the U.S. Olympic team, he was allowed to compete in the event only after he agreed to pay his own way to Sweden. After shocking observers by running a 10.6 in a preliminary heat, Lippincott fizzled in the final, finishing third. Still, his mark stood until his compatriot, Charley Paddock, topped him by notching...