Word: ticketeer
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...money to beat the liberals. They've got Hollywood and the unions," said Steve Kruse of Ogden, who seemed unaware that Big Oil, agribusiness and a fair number of major auto dealers support his party of choice. Romney was able to purchase (at $35 per entrance ticket) the votes of Kruse and 4,515 others-and it was the prospect of the former Massachusetts Governor's financial firepower that scared Giuliani, McCain and the spectral Fred Thompson away from the event. Romney now has to be considered a strong favorite for the Republican nomination. Giuliani may give him a tussle...
...were announced shortly after 8:30 pm CT. The quadrennial spectacle is unlike any other in American politics. Amidst giant tents, huge barbeque spreads, kids' rides and live music of all genres, supporters of the candidates were bused in from all over Iowa to cast votes. The proceeds from ticket sales go to the Iowa Republican Party, which stages the event as a fundraiser. It has, however, taken on a life of its own, becoming a test of organizational prowess and a game of chicken on spending and expectations in advance of the caucuses...
...recently, "allows you to go out and buy cheaper and cheaper policies [because] you can have higher and higher deductibles." When Americans earning $25,000 a year get sick and end up paying $10,000 or more in hospital charges, their "affordable" insurance courtesy of Giuliani will become a ticket to bankruptcy...
...Britain's Office of Fair Trading earlier today hit BA with a record $247 million fine after the airline admitted to colluding with rival Virgin Atlantic over fuel surcharges both airlines added to ticket prices. Later on Wednesday, the U.S. Department of Justice, which was pursuing a similar case against BA in parallel with the one brought by the OFT, issued BA with its own $300 million penalty...
...only takers for those notorious no-money-down, interest-only, adjustable-rate mortgages. Purchasers with high credit scores, who could have qualified for the standard 30-year mortgages, were also enticed by the exotic loans because they offered substantial initial tax deductions and freed up cash for other big-ticket purchases. "Why pull your money out of the bank for a down payment when someone is willing to give you all the money and structure payments that initially are significantly lower?" asks Johnson. With home values increasing by double digits annually, "people began buying houses they couldn't afford under...