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MADD president Chuck Hurley doesn't deny he would like to see such systems put into service, but says wider use of such technology is 10 years off, and MADD isn't calling for automakers to install it now. Current Breathalyzer technology, he said, would make a big difference almost immediately. In New Mexico, for example, DUI fatalities have been reduced 35% since the state began requiring all convicted DUI offenders to use an ignition interlock device. "Studies have shown alcohol ignition interlocks to be effective in reducing recidivism," concurs Adrian Lund, president of the Insurance Institute for Highway Safety...
While Bed Bath & Beyond's success bodes well for the state of the economy, some analysts warn against reading too much into the company's results. After all, the recession put the company's main competitor, Linens 'n Things, out of business. Linens 'n Things sold similar merchandise in similar markets as Bed Bath & Beyond. So it may just be a lack of competition, rather than a surge in purchasing power, driving Bed Bath & Beyond's positive results. "Consumer spending is wrecked indefinitely," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail investment banking and consulting firm based...
...month later, my dad took my brother, sisters, and me to see Ground Zero—the cranes, the skeletons of buildings. My dad put his hands on our shoulders. We watched as machines moved, then sorted, the debris. We were tourists...
They begin with the 1978 property tax revolt and the victory of Proposition 13. As California experienced a dramatic escalation in home values, property tax assessments skyrocketed. Especially vulnerable were seniors on fixed incomes. When then Gov. Jerry Brown and the legislature dithered, conservative activists led by Howard Jarvis put a seductively simple sounding proposition on the ballot. Under Proposition 13, the annual real estate tax on a parcel of property would be limited to 1% of its assessed value and this assessed value would only increase by a maximum of 2% per year, until a change in ownership. Voters...
...Vice President and Ron Klain, his chief of staff, penned Barack Obama a memo predicting that spending $787 billion on tens of thousands of projects through hundreds of agencies would create opportunities for waste and corruption on an unprecedented scale. Biden suggested that someone with heft needed to be put in charge. During one of their weekly lunches, the President read over the memo, nodded and then handed it back to Biden. Do it, he said. Months later, Biden still laughs about how it happened. "Last memo I've written him," he says. "No more memos." (See pictures of Barack...