Word: thinks
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Dates: during 1990-1999
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...hard to think of anyone who could resist the call of today's roaring bull market. So when agents of the Drug Enforcement Administration set out to crack a Colombian cocaine ring three years ago, they opened a fully licensed--but also fully bogus--brokerage in suburban Atlanta to get inside the drug world. Even though the customers never made a single stock trade--double-digit stock gains are paltry in contrast to 400% returns on cocaine--the sting paid off last week with federal indictments of five Colombians, who are believed to have ties to the Cali drug cartel...
...They'll have to think of something. The proposal is one of many that are sure to arise as the federal government struggles to come up with a regulatory system that makes sense in the Internet age. The most contentious of these is the thorny question of taxation. There are currently no sales taxes on items bought on the Internet, a situation that has states concerned about lost revenue and traditional retailers worried about lost business. As e-commerce grows, it will take a bigger bite out of the sales tax revenue that is the lifeblood of many states...
Whether you think the world's coming to an end in the next two weeks or the Y2K bug is a bust, one thing is certain. Come Jan. 1, millions of millennium-happy revelers will be nursing Apocalypse-size hangovers. Despite thousands of years of experience with the effects of overindulging, however, there are no perfect remedies to heal their headaches or tame their tummies. In fact, most scientists won't even consider searching for a hangover cure for fear of what might happen if they succeed. But there are a few things...
Paul Thomas Anderson is out to prove the obvious: that we live in a chance universe, that coincidence and mishap play a larger role in our destinies than we like to think. In Magnolia he intertwines four disparate (but equally glum) stories of people living in California's San Fernando Valley and shows how they touch--or fail to touch--one another in the course of a single, very long...
...feeling strapped for cash this holiday season, here's a word of caution about so-called payday loans from high-interest lenders: Don't even think about it. These single-payment loans, which are legal in some 30 states, can be more than you bargain for and carry an interest charge that amounts to 500% on an annualized basis. "This is no different than taking a cash advance on your credit card," says Jean A. Fox of the Consumer Federation of America. "It's just more expensive." Anyone in a cash crunch would do better to seek a credit counselor...