In "Gulliver's Travels, " Swift described a vicious conflict between the Big-Enders, who ate their eggs with the big end up, and the Little-Enders, who started from the little end.
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As the following charts show, the big spike-up in bonds at the end of 2008, which was also fueled by economic worries and a declining stock market, ended on December 18, 2008, even as worries about the economy worsened further, and almost three months before the stock market ended its severe 2007-2009 bear market (on March 10, 2009).
These tax hikes would be so big, in fact, that top-bracket taxpayers might end up paying a rate of 67 percent on ordinary income and nearly 50 percent on capital gains.
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The fit and finish of the TL just doesn't live up to the big boy breeches of its high-end ilk.
So, as big as all of Beijing's spending programs are--they could end up being about 18% of GDP and the largest in the world on a percentage basis--they are not enough to stop the country's accelerating decline for more than a few quarters.
Having already been linked with plenty of big clubs, he was still with North End when he earned a surprise call-up to an injury-depleted England squad in March 2007.
And I think obviously continuing to make progress -- obviously, the pitch for prevention and wellness are a big part of health care reform, because many of those long-term costs the government and taxpayers end up paying on the back end.
If they amass front-end tax liabilities, because they have such a short window to earn big cash, they end up with less than expected.
But both are accelerating: the banking and energy sectors have been opened up already this year, and no fewer than six big sell-offs are promised by the end of March.
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