Word: spending
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...Yakuza made a mint by intimidating residents into selling their property at below-market prices. Many gangs plowed profits into real estate projects-especially golf courses, which became one of the most mobbed-up industries in Japan. When the bubble popped and the government in the 1990s tried to spend the country back to fiscal health with massive public-works projects, the gangs siphoned off funds by delivering bribes to politicians to secure contracts for yakuza-linked construction firms. But in recent years, Japan's huge budget deficit has forced politicians to cut back on spending and crack down...
Imagine a world leader - not just any leader, but a veteran forced to make tough choices about big questions on the economy and Iraq, and to spend close to a decade in office living with the consequences of those choices. Then picture that leader strolling, unannounced and without a visible security detail, into a suburban supermarket in the dying hours of a Friday afternoon, as shoppers, carts piled high, push toward the checkout with the determination of candidates converging on undecided voters. He stands between them and their escape to the weekend, hand outstretched. Eggs and curses: that...
Juggling Work and Baby Thank you for your article on "Stressed Out Dads" [April 16]. I am a man who has worked in Tokyo for 48 years and embraced the old networking business culture. It became disappointing for me to see young male co-workers spend their precious time on family matters, but your story was an eye-opener. I realize that I am a living anachronism and that changing social structures mean young men ought to lead family lives filled with hope and love. Masaaki Otani, Tadotsu, Japan...
...UC’s inflexible funding provides a disincentive for houses to throw parties for the entire campus community. For each dollar that House Councils spend on big parties, they lose a dollar that would otherwise benefit their immediate constituents in the form of Happy Hours, Stein Clubs, or House formals. Mather House, and a few other party-centric Houses, are victims of a campus-wide free rider problem...
...irony is that Harvard already has “further information about candidates’ socioeconomic backgrounds.” Financial aid applicants submit information on whether their family receives food stamps and welfare checks, how much their parents earn each month, and how much their families spend on rent, electricity, and healthcare. Until admissions decisions, all of this information sits unused in the financial aid files—just steps from the room where reviewers decide applicants’ fates...