Word: walles
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...watch CNBC today is to enter an alternative universe, where élites are populists, Wall Street is Main Street and bank executives are the oppressed. It's not surprising that a voice of opposition to the new Administration would emerge. But who would have thought it would be on a channel not owned by Rupert Murdoch...
...short term. When ordinary people think about the economy, they think about jobs, college, retirement. Sure, the stock market affects them in the long run - but so do job security and the threat of getting wiped out by health-care bills. When CNBC considers the economy, it means Wall Street's numbers that day, that hour, that minute. CNBC may pay lip service to the long term, but it has the time horizon of a fruit...
...bolster the economy, financial, and credit systems there are a number of piecemeal solutions. Freddie Mac (FRE) yesterday said it would need $30 billion in new funding. AIG (AIG) got billions of dollars in additional assistance and a restructuring of its obligation to the government just last week. The Wall Street Journal is reportingthat several large insurance companies may need substantial aid. Those who may put their hands out include MetLife (MET), The Hartford (HIG), and Prudential...
...with international fast-food outlets that make gestures in the direction of local cuisine in the form of custard tarts with diced sweet potato. While the city may be best known for its rice noodles, it also does a mean line in soup, with various hole-in-the-wall cafés serving little else but broth containing double-boiled chicken and deer antler, pigeon with cicada shells and ginseng, and the like. Typical of the breed is Anyway - a pun on ai ni wei, meaning "love your tummy." Guilin's residents, despite the relentless influx of tourists, seem...
...From its very beginnings, America has been rooted in religion. Though the Founding Fathers instituted a “wall of separation” between church and state, they are also known to have used religious rhetoric in documents as fundamental to our understanding of nationhood as the Declaration of Independence. Indeed, what is so striking about the Declaration of Independence is that the objective source from which human equality and the listed inalienable rights are derived is a Supreme Being, “the Creator.” The origin of our nation in religion is also manifest...