Word: mattresses
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...strong spot, housing; rampant mortgage refinancing at lower long-term interest rates (and higher home valuations) has helped consumers restructure their debt and come out ahead a few hundred a month in spending money. But that boom is deflating too, and that extra money will go straight under the mattress if the homeowner starts to worry about his job. (Bad news: announced layoffs hit an eight-year record of 205,975 in July, and the number of people on unemployment rose again last week to 3.17 million, the highest since September 1992. These are the headlines that try shoppers? souls...
...what if the polls are right - what if nobody feels rich enough to go to the mall? Well, the multiplier effect of say, sticking it under the mattress is darn near zero, and that wouldn't do much good. But some economists think what you do with the money isn't nearly as important as the feeling you get when it's sitting in your wallet...
...arrest brought thousands of Estrada sympathizers out on the street. Inspired by pervasive pictures of their suffering hero on a too-thin mattress in a too-small cell with malfunctioning air conditioning, demonstrators congregated at the edsa shrine, which commemorates the anti-Marcos People Power revolution of 1986. Arroyo's right-mindedness, in the short term anyway, began to look like a public relations blunder. What's more, it might scare investors away. Two days prior to the arrest, Moody's Investors Service issued a "negative" rating for the Philippines, due to continuing political instability. Following Estrada's detention, both...
...credit, Live Show knows better than to be pretentious. In fast, documentary-style, the camera jostles through the dank alleys of Manila's slums and into the queasy, crowded rooms where the performers copulate on lumpy mattresses. There are flashes of flesh, but the camera focuses on the audience's eerie, dead stare. When one of the women, Gigi, starts grunting loudly during sex, her partner wonders if its the onset of an asthma attack. It turns out she was trying to catch the eye of a Korean pornographer in the crowd. For most of the characters, anything that...
...bikers' lives revolve around these two forms of keng rot. They look forward all week to racing their bikes against other gangs from other neighborhoods. And while they profess to have nothing but disgust for the slum's hard-core addicts, by 4 a.m. that night on a mattress laid on the floor next to his beloved Honda, Big and his friends are smoking yaba, and there suddenly seems very little difference between his crowd and Jacky's. "Smoking once in a while, on weekends, that really won't do any harm," Big explains, exhaling a plume of white smoke...