Word: dollarized
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Dates: during 2000-2000
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...billion-dollar question is whether the last-minute ads make any difference. Alan Brinkley, professor of history at Columbia University, says that in the past two elections, Bill Clinton did himself far more good with early ads. "The effectiveness of advertising," he says, "probably diminishes the closer you get to the election itself." As if you Michiganders didn't know that already...
Slather on the epithets--Food Nazi, Twinkie Taxer, Nutrition Nanny. Michael Jacobson, nemesis of the multibillion-dollar U.S. food industry, relishes the attention. In the three decades since the soft-spoken microbiologist co-founded the Washington-based Center for Science in the Public Interest, he has enraged the restaurant industry (fettuccine Alfredo: "a heart attack on a plate"), forced a ban on sulfites at salad bars after a rash of fatal allergic reactions, shamed McDonald's into excising beef tallow from its French fryers, roused moviegoers against artery-clogging coconut oil in popcorn and successfully lobbied for nutrition labels...
...like the provocative newsweekly Stern (both owned by Gruner + Jahr). Through a joint venture with British media giant Pearson PLC in the RTL Group, the company owns syndication rights to a vast universe of television programs, including Baywatch and The Price Is Right. And Bertelsmann also does a multibillion-dollar global business in printing and publishing services; the magazine in your hand may have come off a press at one of its 18 global plants...
...rich man and the Bush look-alike roll cigars out of the hundred-dollar bills, light them and walk off-screen together happily. As he leaves, George W. Bush kicks the baby...
TAXING CHOICES Last holiday season, funds like PBHG Midcap Value distributed more than 30% of the previous month's NAV (net asset value) in capital gains. Consider holding off your Christmas-fund shopping: most funds distribute profits in November and December. And since for each dollar distributed the NAV decreases by a dollar, patience may be rewarded with a lower purchasing price sans the tax sting. The risk here is missing out on a year-end rally, if there...