Word: nearâ
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...imagine the near??impossibility of culling from a mountain of great photos the one image that reveals the essence of a harrowing story that took days to convey in newspapers and on radio and TV. But the cover picture of a lone firefighter kneeling to check a fire-hose connection against the background of a tree erupting in a ball of flame summed up Californians' frustration and helplessness. The Dantesque orange glow bathing the entire scene imparted a netherworld aura to the image and gave me the uncomfortable feeling that there was no escape. I was arrested by a stark...
...most part, yes. In the near??term, economists say, Katrina may shave half a point off GDP growth over the next couple of quarters, largely because everyone from homeowners to truckers to airlines will be paying more for energy. But the U.S. economy can withstand some big blows. The nation was emerging from recession on 9/11, and that event did not ruin the recovery (thanks to billions in tax breaks). A slowdown may give the Fed reason to suspend its interest-rate hikes, a prospect that has already sparked a bond-market rally. While Katrina's impact on the Gulf...
He wields near??imperial power, and most of Chicago would have it no other way. Two years ago, Richard Daley was re-elected to his fifth term with 79% of the vote. His annual budgets are routinely passed with only token opposition. He controls public housing, public schools and the city council. He is cozy with Big Business, is a master at the ward politics of fixing streetlights, and he speaks with a blunt, blue-collar brio that Chicagoans find endearing. "There's never been a [U.S.] mayor, including his dad, who had this much power," says Paul Green...