Word: cashed
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Coke? Fried chicken? If that's what the best chefs in the world really want, are we being suckered by their trendy, sophisticated meals? Sort of. If you want perfectly blended, intense flavors--the most exciting treat for your taste buds--then cash in your IRA, hold the maître d' hostage until you get a reservation and eat at a restaurant where one of these top chefs cooks. But when it comes to our deepest desires, it turns out that food isn't just about taste. It's tied right into memory and the longing for the sensations...
...little for the Rockies, who tried to compensate by loading up on sluggers and pitchers. One colossal mistake: signing two gimpy pitchers in 2000 for $172 million. Come 2002, the Monforts were in trouble. Rumors of bankruptcy or a fire sale abounded amid a multimillion-dollar cash call from the other partners...
...sinister. They're like bar codes on steroids, because you can read them at a distance. They're getting so cheap that manufacturers basically need a reason not to put them in things. Most people know RFID, if they're aware of it at all, as the technology behind cash-free highway tolls, but it goes way beyond that. Retail giants like Wal-Mart use RFID tags for inventory management, to help keep track of exactly what is precisely where in their vast tentacular supply chains--Wal-Mart announced earlier this month that it had RFID-enabled forklifts...
...interstate highway system started ribboning the country with asphalt in the 1950s. The appeal: governments can stop worrying about roads, bridges and tunnels, and companies get lucrative leases that allow them to collect money from drivers for generations. The craze is being driven by investors who crave the steady cash flow of decades' worth of tolls. There are 71 projects worth $104 billion being considered for private development by state and local governments, according to the publication Public Works Financing. The proposals are feeding a new pack of investment funds from the likes of Goldman Sachs, Morgan Stanley...
...which lease existing assets, may tap the private sector's operating prowess and political immunity in raising tolls, but critics see them as long-term mortgages to solve short-term fiscal problems. "People are giving public-private partnership a bad name by running around the countryside trying to entice cash-strapped states and municipalities to participate in these monetizations," says Tim Carson, vice chairman of the Pennsylvania Turnpike commission and a public-finance lawyer...