Word: cheapness
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...wasn't expecting to catch more than a few cheap thrills: a Vince Carter facial here, an Allen Iverson crossover there. Yet what I saw on Sunday night was a new and exciting batch of superstars taking the reigns of basketball stardom from the old guard...
...their home governments, notably Washington, have worked hard to keep prices up by limiting exports to the Third World and vigorously enforcing patent rights. They argue that drug firms legitimately need the profits to finance research on new wonder drugs. They say it's not wise to offer cheap AIDS drugs without a proper medical infrastructure--that deadly, drug-resistant strains would emerge. But at what point does the human benefit to desperate, destitute countries outweigh strict adherence to patents and profits...
...course, a few key '80s players never went away. Bottom fisher Sanford Weill, for one, amassed an impressive array of financial companies on the cheap while others were getting tech-obsessed. He is now the head of Citigroup, one of the world's largest banks. Icahn, the '80s raider who shook Texaco and took TWA, has asserted influence in small doses throughout the '90s by buying large amounts of distressed corporate debt, as has former Milken colleague Leon Black at Apollo Advisors...
Colatosti insists that the issue is not privacy. "It's simply the fear of change and technology," he says. "Once you've adapted, you look back and say, 'I was afraid of what?'" Perhaps. No one disputes that the deployment of cheap, ubiquitous video cameras has made an environment of near total surveillance technologically feasible. Whether that's a good thing or a bad thing, however, depends on how much you trust the cameraman...
Still, I figure the $200 I lost was a cheap lesson. Actually, it was very expensive and offered no lesson at all, but that's what people always say when they lose a big bet, so I'm going to play Aesop here and try to make myself feel better...