Word: union
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Despite the pain of recent economic turmoil, German voters resoundingly reiterated their faith in the free market during the country's Sept. 27 national elections. A victory by Chancellor Angela Merkel's conservative Christian Democratic Union puts the party on track to form a new center-right coalition with the smaller Free Democratic Party, whose leader, Guido Westerwelle, is likely to be tapped as Vice Chancellor. Merkel's previous coalition partner, the left-leaning Social Democratic Party, suffered its worst election loss since World War II. Merkel and Westerwelle are expected to cut taxes, promote business and strengthen Germany...
Christian Democratic Union...
...farrago of left-wing rhetoric (anticorporate, proimmigrant, etc.) and respectfully anti-Obama rhetoric. "Easter egg rolls on the White House lawn are nice, but enactment of the Employment Non-Discrimination Act and the repeal of the Defense of Marriage Act are more important," thundered New York City union official Stuart Appelbaum, who was referring to Obama's invitation earlier this year to at least one lesbian couple to bring their kids to the White House's Easter event...
...taught that they're equal citizens regardless of their background and they should accept the responsibilities that go along with equality under the law. "We teach students, educate them and raise them in school, but we don't pay them," says Albert-Jean Mougin, vice-president of the union representing teachers at middle schools and high schools. "We mustn't turn education into a commodity, nor turn accepting responsibilities into transactions between students and educators...
...hypothetical Martian would also scratch his head at the notion of paper money. The dollar has no intrinsic value. It has become the world's storehouse of value because it is backed by the economic might of the U.S. If another super-economy emerges, be it the European Union, China, India, Brazil or Russia, then that new power's currency could replace the dollar as the world's reserve currency, just as the dollar replaced sterling in the last century. (See pictures of the best-selling cars in China...