A magnificent new book celebrates the richness and diversity of 450 years of written and spoken English in what is now the United States. It’s called The People’s Tongue, and it’s a sumptuous collection of essays, letters, poems...
Among the proverbs in Leo Rosten’s Treasury of Jewish Quotations (Amazon): If you drop gold and books, pick up the books first, then the gold. This is part of a complete episode.
Chimerica n.—Gloss: The symbiotic Chinese-American financial relationship, in which there is a great trade imbalance as Americans save little and buy lots, and there is a great investment in American Treasury bills and the dollar by the...
midnight drop n.— «According to the Dow Jones report, the US Treasury is trying to push the regulations through after months of difficult drafting in the hope of finalising the issue before the Bush administration leaves office at the end...
TBTF n.— «We’re talking about a pair of institutions that hold or guarantee more than half of the nation’s mortgages. In other words, they’re TBTF (too big to fail) and it’s a sure bet that we won’t let them go under. Treasury Secretary...
wearaway n.— «There has been a constant battle over freezing some older workers pension benefits since IBM ran afoul of its senior workers in 1999. That fight may be over as the U.S. Treasury has now issued a ruling that determined that...