Word: eighting
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...they were. I remember being on the telly, telling people that Fannie Mae was going to zero, and they'd say, What the hell are you talking about, that's Fannie Mae. Likewise with the investment banks. I used to sit there and say they're all going to eight [dollars per share]. It was clear that there were 29-year-olds on Wall Street sitting around making $10 million and thinking this was normal. I've been experienced enough to know that this is not reality. I'm still short the investment banks...
...plays PC in the Apple ads and wrote a new book called More Information Than You Require. Hodgman thinks that while the Urkel effect hurt Al Gore and John Kerry, America's lack of desire to drink even a malty Belgian beer with Obama will actually help him. "After eight years of jocklike bluster, Obama's technician's calm seems extra-attractive," says Hodgman, who believes that jocks vs. geeks has replaced red vs. blue as the reigning cultural conflict of the day. But jockdom, he says, is on the wane. "The world is now driven by knowledge economies. China...
...Colombia Free at Last After eight years as a prisoner of the Revolutionary Armed Forces of Colombia (FARC), former Colombian lawmaker Oscar Lizcano escaped from his captors, hiking for three days with his former farc guard through the jungle before reaching an army post. His escape is the latest setback for the rebel group, weakened by defections and a daring operation earlier this year that rescued 15 hostages, including politician Ingrid Betancourt...
...upshot is that you can probably throw out the window most of the tax proposals Obama and McCain have been talking about on the campaign trail. The demands on government are growing, and investors around the world won't finance huge U.S. deficits forever. Four or eight years down the road, the likeliest scenario is that the overall tax burden will be higher, not lower...
...conflict and sees compromise as a sign of weakness rather than a path to progress. His impulsiveness has been evident this fall in rash decisions such as selecting Sarah Palin and suspending his campaign. While his supporters call him a maverick, I call him reckless. And as the past eight years have shown, recklessness is not what we need in a President. We need someone with intelligence, composure, discipline and restraint. Robert J. Inlow, CHARLOTTESVILLE...