TOP NEWS
A Ruler Who Turned North Korea Into a Nuclear State
By DAVID E. SANGER
Kim Jong-il remained an unknowable figure but fostered perhaps the last personality cult in the Communist world.
" --- Called the “Dear Leader” by his people, Mr. Kim, the son of North Korea’s founder, remained an unknowable figure. Everything about him was guesswork, from the exact date and place of his birth to the mythologized events of his rise in a country formed by the hasty division of the Korean Peninsula at the end of World War II.
North Koreans heard about him only as their “peerless leader” and “the great successor to the revolutionary cause.” Yet he fostered what was perhaps the last personality cult---" >> http://www.nytimes.com/2011/12/19/world/asia/Kim-Jong-il-Dictator-Who-Turned-North-Korea-Into-a-Nuclear-State-Dies.html?nl=todaysheadlines&emc=tha2
A Visit to North Korea (September 2011) >> http://video.nytimes.com/video/2011/09/13/world/asia/100000001051211/north-koreas-first-cruise.html?nl=todaysheadlines&emc=tha2
Extension of Tax Cut Stalls in House as G.O.P. Objects
By JENNIFER STEINHAUER
The House Republican leader's rejection of a short-term, bipartisan Senate measure to extend a payroll tax break set the stage for a bitter year-end Congressional collision.
Buyout Profits Keep Flowing to Romney
By NICHOLAS CONFESSORE, CHRISTOPHER DREW and JULIE CRESWELL
Mitt Romney's retirement deal with Bain Capital has been worth millions of dollars each year since 1999.
Graphic: Mitt Romney's Lucrative Continuing Relationship
QUOTATION OF THE DAY
"It was extraordinary the degree to which everything ultimately revolved around this one man."
TIMOTHY GARTON ASH, a historian, describing Vaclav Havel, the Czech writer and dissident whose eloquent dissections of Communist rule helped to destroy it.
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OP-ED
Op-Ed Columnist
Will China Break?
By PAUL KRUGMAN
There's a new danger spot in a world economy that really, really doesn't need another one right now.
" Consider the following picture: Recent growth has relied on a huge construction boom fueled by surging real estate prices, and exhibiting all the classic signs of a bubble. There was rapid growth in credit — with much of that growth taking place not through traditional banking but rather through unregulated “shadow banking” neither subject to government supervision nor backed by government guarantees. Now the bubble is bursting — and there are real reasons to fear financial and economic crisis.--- " >> http://www.nytimes.com/2011/12/19/opinion/krugman-will-china-break.html?nl=todaysheadlines&emc=tha212
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N Y Times, best in the world /Stig |