The Street of Eternal Happiness: Mr. Qiu meets the President
Friday, October 19, 2012 - 11:14 President Richard Nixon and Chinese Premier Zhou En-Lai eat dinner at the Jinjiang Hotel, on the Street of Eternal Happiness. They has just signed the Shanghai Communique, which officially opened up trade between the U.S. and China. Forty years ago, President Richard Nixon stood beside a helicopter on the South Lawn of the White House. He was going on a trip. “We must recognize that the government of the People’s Republic of China and the government of the United States have had great differences,” he told the crowd wishing him farewell. Nixon was headed to the Street of Eternal Happiness. That’s where he and Chinese Premier Zhou En-Lai would sign the Shanghai Communique -- the first step in opening up trade between the United States and China. They signed it at Street of Eternal Happiness number 175, the Jinjiang Hotel, an old brick building that looks the same today as it did decades ago. Qiu Huanxi was 24 years old back then. He worked the hotel’s ...
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Twitter CEO Dick Costolo on Jack Dorsey, ad revenue, going public
Friday, October 12, 2012 - 03:00 Justin Sullivan/Getty Images Twitter CEO Dick Costolo. Corner Office Interview: Biz Stone and Evan Williams Twitter unveils advertising platform Twitter and your privacy Twitter may block tweets in certain countries Listen: Twitter solves mobile ad riddle Twitter CEO Dick Costolo rarely gives interviews. But just a week after the Silicon Valley executive made headlines in The New York Times for alleging that Twitter founder Jack Dorsey’s role in the company was diminished, Marketplace Morning Report host Jeremy Hobson got more than 140 characters worth of answers from Costolo in a one-on-one interview. He answers questions about Dorsey’s current involvement with the company, Twitter's position on censorship, the company's advertising business, and he responds to rumors about Twitters plans to go public. Jeremy Hobson: It was created in 2006, it is the home of 140 character tweets and it now has hundreds of millions of users. I am talking, of course, about ...
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Middle class at a crossroads, not for the first time
Friday, September 21, 2012 - 13:00 Zachary Hollcraft/Middle Class Photo Project "To me, nothing epitomizes the middle class like a white picket fence. We bought this house last year, and it came complete with the fence." There've been, by our very rough count, something like a zillion sound bites through the course of this campaign and we've still got a month and a half to go. The candidates have been talking about anything and everything they think will resonate with voters, including heavy use of a phrase that might affect the broadest chunk of Americans: "The middle class." So, um, who exactly is that? There's no government definition. Economists generally agree it's households who earn about $40-120,000 a year. But that's a big range, and that's just the numbers. When you close your eyes and picture a typical middle class American, what do you see? We went out on the streets of cities across the country to ask people to define middle class, and no matter where we went, they agreed ...
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America's middle class at a crossroad -- not for the first time
Friday, September 21, 2012 - 13:00 There've been, by our very rough count, something like a zillion sound bites through the course of this campaign and we've still got a month and a half to go. The candidates have been talking about anything and everything they think will resonate with voters, including heavy use of a phrase that might affect the broadest chunk of Americans: "The middle class." So, um, who exactly is that? There's no government definition. Economists generally agree it's households who earn about $40-120,000 a year. But that's a big range, and that's just the numbers. When you close your eyes and picture a typical middle class American, what do you see? We went out on the streets of cities across the country to ask people to define middle class, and no matter where we went, they agreed on a lot of the basics. You need a decent job. You own a home... maybe a barbecue in the backyard. But start filling in the details, and things get tricky. Like, that decent job? ...
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Ad hits Obama on child soliders
Thursday, September 20, 2012 - 09:21 YouTube/Screenshot The conservative nonprofit Let Freedom Ring attacks Obama for allowing countries that use child soldiers to receive American military aid. Conservative nonprofit Let Freedom Ring attempts to link President Barack Obama to child soldiers in a new ad focusing on the United States’ military aid to certain countries in Africa and the Middle East. The ad opens with brief background on child soldiers and notes that Sen. Obama supported a bill that restricted American aid to countries that use child soldiers in militaries and state-backed militias. “This was the right thing to do. It’s what leaders do,” the narrator says. “But then, as president, Obama waived these restrictions, allowing millions of our taxpayer dollars to go to countries where children as young as 11 — 11! — are forced to fight.” “Why, Mr. President? Why?” the ad finishes. In 2011, Obama waived restrictions on military aid to countries that the ...
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