Tuesday, August 18, 2009
RECESSION? WHAT RECESSION?
"Recession has shaken nearly every corner of the U.S. economy but Trinity Yachts is still turning out custom-built luxury boats, thanks in part to a sagging U.S. dollar. Trinity, the largest U.S. mega-yacht builder, will deliver eight sumptuously outfitted boats this year from its shipyards in Gulfport, Mississippi and New Orleans. The yachts ooze indulgence, with interiors laden with fine millwork, marble flooring, wine cellars, high-end home theatres and onboard submarines designed for underwater sightseeing. Prices range from $25 million to $80 million." (Yahoo News, 9 August) RD
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Paternalism is a common attitude among well-meaning social reformers. Stemming from the root pater, or father, paternalism implies a patria...
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