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Bush has united his party by employing a strategy that Grover Norquist, a White House ally and the president of Americans for Tax Reform, describes as "delivering on first-tier issues." For the fiercely antitax crowd, Bush supplied his $1.1 trillion tax cut in 2001. For those in the party who obsess over judicial nominations, this Bush has not disappointed as his father did. Bush picks nominees considered ideologically sound and understands the political value of fighting for those, like Charles Pickering and Priscilla Owen, labeled ultraconservative by Democrats. By sticking with his core supporters on the issues they care...
With $570 billion in assets, up 29% in the past two years, credit unions have grown at about four times the rate of the $8 trillion commercial-banking industry. And as credit unions have steadily consolidated, membership has risen annually, to 83 million clients today. "Banks take the consumer for granted--and for an awful lot of money," says Dan Mica, president of the Credit Union National Association, the industry's largest trade group. "They are tacking on fees and have less interest in serving small businesses than they used to. We're filling the vacuum...
...parts of the body. In part, fears of nanotech are fueled by the realization that the science is reaching a tipping point - from theoretical possibility to economic reality. Thirty countries now have state-sponsored nanotech programs, all tilting for a slice of a market estimated to be worth $1 trillion by 2015. The governments of both the U.S. and Japan are each investing more than $700 million in the field this year; the E.U. is playing catch-up with a four-year, €1 billion pitch - hampered, says Ottilia Saxl of Britain's Institute of Nanotechnology, by the fact that...
...wasn't a crazy bet thinking Bush could muscle his full plate of tax breaks into law. Even though tax fights are notoriously sticky, Bush won 62 votes in the Senate for his $1.35 trillion package in 2001 when he had a far lower approval rating and lingering Democratic animosity over the closely fought election. But the president's popularity has its limits, and his muscle does too. When Grassley said the chances weren't great for passage of the dividend tax elimination, the president personally leaned on him in a meeting at the White House. "He's back...
...take on the entirety of what he calls America's "underground economy"--that vast, shadowy realm of financial activity that goes unrecorded because it's either illegal or unsavory or both. Like the fast-food business, the underground economy has ballooned over the past 30 years, to about $1 trillion, and Schlosser aims to find out why. He's hunting big conceptual game here, nothing less than America's troubled, hypocritical soul. "If the market does indeed embody the sum of all human wishes," he writes, "then the secret ones are just as important as the ones openly displayed...