Word: yorke
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...court risk-taking businesses clearly unable to repay them, this is a diet of the highest magnitude. Likewise, after getting tied up in highly leveraged purchases of their own homes, American consumers have been forced to get thriftier. History Professor Niall C.D. Ferguson has even warned that New York may go the way of Venice and become just another tourist center, underlining a permanent shift in the economic balance of power from West to East...
...still eerie to modern ears, for though New York’s skyline may stand mostly intact, 143 stalled building sites loom over the city, and after eight years, the World Trade Center site still looks like Ground Zero. The unemployed—now over a tenth of New York City’s population—often roam the streets in greater numbers than the tourists...
This push and pull between restraint and indulgence is not just Bloomberg’s story: It’s the story of New York City. Manhattan may be New York State’s thinnest county, but the culinary temptations are everywhere. Countless pizza places leave the door open for the smell of fresh bread to waft outside, as thick slices with countless toppings sit on display. In Times Square, bright flashing ads of M&Ms bombard tourists as they gape upward, extra-large sodas in hand...
...York’s standing as a key financial center—while helping ensure that Wall Street does not help cause the next global financial crisis—historians may look back on his tvhird term as an embarrassing hiccup in democracy that ultimately helped maintain New York and America’s dominance on the world stage...
...despite evidence that Baucus is right - currently the Senate does not have 60 public-option supporters - the public option may not be dead yet. A subsequent public-option amendment offered by New York Senator Charles Schumer called for negotiated reimbursement rates - in contrast to Rockefeller's amendment, which would have pegged reimbursements to Medicare rates for the first two years - and as a result garnered support from two Democrats whose position was not previously known, Senators Bill Nelson and Thomas Carper. It still failed, 13 to 10, but the new tally indicated that there may be some room to negotiate...