Word: poorly
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...cell phones and PCs. It may be that the focus on tech growth potential has been too much about Apple (AAPL) which has done well, at least in its most recent quarter. But, Apple is as much a cult as a business. Some people will borrow themselves into the poor house to own a new Mac or iPhone. (Read "How to Know When the Economy Is Turning...
That walk is strewed with trash; the streets of Basra are full of stinking tangles of plastic and organic matter. Indeed, since last fall, private polling undertaken by the British government has seen the poor state of public services and infrastructure leapfrog security as a popular concern. Phone-in programs on the local radio station are dominated by discussions of sewage and the electrical brownouts that hit the city several times a day. (See pictures of life returning to Iraq's streets...
...pointed out that the no-tax solution offers two dire options: fire all the state workers and shut down the University of California and the state colleges, or eliminate all state money for health care and social services - all the monies that help the blind and disabled, aged, homebound, poor, mentally ill, those on welfare, those in emergency rooms, etc. Either way, without a tax hike, the wheels come off the bus and California's government - and life as many people experience it in the Golden State - grinds to a halt. On Wednesday afternoon, Schwarzenegger spoke to GOP intransigence, saying...
...America doesn't sign on - and most nations in the region are not willing to freeze out Chávez. He may irritate them, but he also emboldens them, because his oil-fueled socialist revolution has changed the political conversation in the Americas. The fact that Venezuela's majority poor have been enfranchised for the first time has prodded the rest of Latin America to finally confront its corrosive social inequality. Even officials of moderate Latin governments say privately they're gratified that Washington's regional hegemony has been challenged and often blunted since Chávez took power...
...like Castro, looks set to remain in power for a long time. But unlike Castro, he's likely to do so on the basis of a democratic mandate, as his decisive win in Sunday's referendum suggested. Many poor Venezuelans see his Bolivarian revolution, despite its polarizing effects on the country, as a safeguard against the looming economic pain of falling oil prices. Analysts like John Walsh, a senior associate at the independent Washington Office on Latin America, may worry that indefinite re-election would allow Chávez to accumulate excessive power, but Walsh credits Chávez with...