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NYT Sampler for 26 August 2007: Part VI

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NYT Sampler for 26 August 2007: Part VI
Topic: Miscellaneous 9:13 pm EDT, Aug 26, 2007

A generator, cow and goat were raffled off. Wizened elders sat on carpets and sipped green tea. Some wealthy farmers seemed interested. Others seemed keen to attend what they saw as a picnic.

These are not what I could call hedge funds. This is just gambling.

"Who won the cow? Who won the cow?"

"You can't win them all," Mr. Silber said.

Excuse me, but what exactly are we fighting for in Iraq, or in this wider war against Islamist extremism, if the murder of 500 civilians can be shrugged off?

... "a sheik engagement," the Pentagon itinerary said ...

Eighty suspected terrorists killed. An enormous weapons cache recovered. And, in what the report called "pocket litter," a notebook with the name and phone number of the imam of a mosque halfway around the world, here in the state capital.

"We are entering a new golden era of vaccinology."

Winemaking in France is entering a crucial period, some might say an end-game.

In a French country kitchen a woman recalls, with horrified outrage, a trip to Chicago, where she encountered "the fattest people I ever saw in my life."

Why is my favorite brand of lipstick more expensive than a nice bottle of Italian wine?

Chuck Prince, chief executive of Citigroup, dismissed fears about an early end to the postmillennial debt frolics. "When the music stops," he told The Financial Times, "in terms of liquidity, things will get complicated. But as long as the music is playing, you've got to get up and dance. We're still dancing."

Harper, 37, described the record as "not rock, not folk, not gospel, but with all those elements included."

It's nylon-string solo acoustic guerrilla folk.

I don't feel rooted here. But New York is so welcoming and homey.

In Norwalk, they walked with a different aura. They shuffled in a way that suggested that there was nowhere good they were going.

"Saying what they're saying has just provided an opportunity for them to create doubt in people's minds," he said of the bloggers.

Even Donna Karan has given blogging a try.

The fundamental problem is that even when hedge funds say they are pursuing entirely separate investment strategies, they often actually use common approaches.

It took 17-year-old George Hotz two months of work to undermine AT&T's investment.

The nation is transfixed by the sudden collapse of its government and preoccupied with the departure of an estimated one million workers, most of them young, for jobs in Western Europe.

They are perhaps the most stark component of a quandary Europe has had much trouble solving: how to continue to meet its international obligation to protect those fleeing war and persecution while keeping out those it fears will form a permanent underclass or, in the worst cases, expose their countries to terrorism.

It takes a $70,000 income in Manhattan to buy the same goods and services that $30,000 can buy in Omaha.

Because the Internet has opened to the world material once available only from microfilm or musty clippings in the newspaper's library, editors have a new obligation to minimize harm.

Mike Ware, an overseer for New Life Church, told The Gazette of Colorado Springs on Friday that it was premature of Mr. Haggard to release the statement without first consulting the overseers.

"But I think most states will eventually have to move to the user principle. Tolls are going to be the wave of the future."

It does, however, contradict the widely held notion that there is no such thing as a nationwide housing slump.

"We're dealing with savage forces of nature and it's humanly impossible to effectively take them on, however strong and well prepared we may be." He added, "We're fighting an asymmetrical war."

But the most surprising thing may be that there has been little popular outcry over the threat to the famous port.

"Technology is something which can be developed internationally," said Mr. Wszelaczynski, 30, who sports a large, bristly goatee. "It has no nationality."

China is choking on its own success.

Much of the particulate pollution over Los Angeles originates in China.

"Eight years ago we said it was broken and getting broker. It's now broker and getting more broker."

Once guarantors of value and integrity, logos are now markers that point toward nothing, guiding the consumer on a road to nowhere.

As price expectations fall, homeowners lose the incentive to pay off a mortgage on a home they are realizing is beyond their means. They decide to default. We thus have the beginnings of a mortgage crisis.

The problem is fundamental, tied to the imbalance caused by irrationally high home prices and declining optimism that the prices will go higher. Cutting interest rates will not change this basic situation.

Many people feel that they have discovered their true inner genius as investors and have relished the new self-expression and excitement. Investors across the world have been thinking that they are winners -- not recognizing that much of their success is only a result of a boom.

And then there is Pirate Capital, a hedge fund whose name says it all.

But let's be honest. Activism, for the most part, is a one-trick pony.

In the last few years, we even started instant messaging one another during meetings, like eighth graders whispering in class.

I wonder if he feels awkward at all about the implication that he owes his success to Osama bin Laden.

For every detractor, there are many fans. And in this tightknit world, his critics will speak only on the condition of anonymity.

In a time of startling policy announcements from Mr. Chavez, it is no wonder that picking up a newspaper in the Bolivarian Republic of Venezuela can sometimes feel like perusing The Onion.

Corporate jets are increasing the strain on air traffic controllers trying to prevent what's known in the industry as an "aluminum shower," a midair collision.

I'm one of those freaks who cares what people write and say.

Waving a dismissive hand, she invoked the cliche of the ugly American, pockets stuffed with dollars.

The car gave me freedom, but it also took some freedom away.

Few disciplines are as unforgiving as tire design.




 
 
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