Word: basic
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Dates: during 2000-2009
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...refused to talk with our government and continues to claim that Taiwan is a renegade province of mainland China. Can successful negotiations take place with a knife pressed to our throat? The Taiwanese have no intention of becoming citizens of China under a communist government that does not respect basic human dignity. Chi-Chang K. Shieh Tainan, Taiwan...
...must not nourish any false illusions about the basic character of the Chinese regme. We should remember, moreover, that PRC-style capitalism—hindered, as it is, by corruption and an arbitrary legal system—isn’t exactly the stuff of Milton Friedman and Ec 10. As China’s entrepreneurial middle class grows, Solidarity-type labor movements emerge, and Christianity increasingly takes root, we can expect the regime to bully, harass, torture and murder to resist political reform. If the past is indicative, it will do virtually anything to maintain its dictatorial rule over...
...typical geographic “disadvantage,” in the lingo of affirmative action, is bald-faced. Montana, for instance, still has about 100 one-room schoolhouses where the educator is a teacher, counselor and principal all-in-one. These schools struggle to meet basic accreditation standards, much less offer “AP courses,” or a full regiment of math and science. And SATs? Pretty much out of the question without a 100-mile drive...
...Journalism stars are made in times of war: Edward R. Murrow in World War II, Morley Safer in Vietnam and now, with his deskbound coverage of the fighting in Iraq, The Daily Show's Stewart. As he incessantly points out, he plays host on a fake newscast on a basic cable channel (Comedy Central), but this allows him to be critical, arch, incredulous and relevant, to the delight of viewers and the envy of many real journalists...
That doesn't mean you can't make money in stocks. Other analysts are more bullish, and even Levkovich believes that some sectors will do well. He expects around midyear a massive shift out of economically sensitive cyclical stocks like technology and basic materials (Alcoa, Dow Chemical, International Paper) into defensive stocks like drugs, foods and beverages. Why? Defensive stocks, which are less vulnerable to the ups and downs of the economy, lagged badly in '03, rising just 8% on average. They now look relatively cheap next to tech (up 40%) and basic materials (up 30%). And as it becomes...