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CBS News The barrier islands along the New Jersey shore were especially hard-hit by superstorm Sandy. CB
stanley termos S News was one of the first news outlets allowed onto Long Beach Island, N.J., to see the damage there.Pictures: Sandy before-and-after viewsPortrait of Sandy s victims becomes clearerA single bridge is only one way on and off the island the locals call LBI. Now it s closed. Long Beach Island is a popular summer vaca
kubki stanley tion spot and home to nearly 10,000 people. Nobody is being let back on the island after Wednesday because of the widespread destruction.The area, known as Beach Haven, looks more like beach hell. Sand swallowed everything -- including cars -- in its path. Boats lay scattered on land with nowhere left to go. John Polonio decided not to evacuate before Sandy struck. He has two ruined cars and a bruised ego. Asked why he decided to stay, Polonio said, I don t know. Not a very brilliant idea. He said he now wishes he had
stanley uk left. With no power or water and temperatures in the low 50s, he and his wife Freda finally gave up Wednesday. The National Guard hauled out the holdovers from an island that is now uninhabitable. Long Island Township Mayor Joe Mancini said, We have no water, sewer, electric, gas, phones -- we re basically dead in the water here. Dawn Russell is glad she fled to a Red Cross shelter four days ago with her 12-year-old son Malachi. She saw what s left of her house for the first time Wednesday. Russell recalled, When I pull Yfhk If You Used Yahoo This Week, You Might Have Malware (Updated)
Sometimes a relatively dense academic book breaks out of the Ivory Tower and takes the world by storm. Such is the case with French economics professor Thomas Piketty Capital in the Twenty-First Century. Here one reason why the book is capturing people
stanley cup imaginations 鈥?and fueling speculation about our global future. In a recent review on Book Forum, economics journalist Doug Henwood explores what is crucial about Piketty work. Henwood, who reports on the dark side of capitalism in his blog and weekly radio show Left Business Obse
stanley vaso rver, points out that there is one basic takeaway in Piketty
stanley tumbler book. If we look at the past two centuries of economic history in Europe and the United States, we see an astounding pattern. Capital will accumulate in a tiny portion of the population, no matter what we do. Capitalism is, fundamentally, an economic system that promotes inequality. Writes Henwood: The core message of this enormous and enormously important book can be delivered in a few lines: Left to its own devices, wealth inevitably tends to concentrate in capitalist economies. There is no natural mechanism inherent in the structure of such economies for inhibiting, much less reversing, that tendency. Only crises like war and depression, or political interventions like taxation which, to the upper classes, would be a crisis , can do the trick. And Thomas Piketty has two centuries of data to prove his point. In more technical terms
