Mullings by Rich Galen | Secret Decoder Ring for April 17, 2000

Of Banks and Bikes and Market Busts Monday, April 17, 2000

TITLE: "Of Banks and Bikes and Market Busts" Nothing special. It had a nice meter and I liked the alliteration.

al·lit·er·a·tion
Pronunciation: &-"li-t&-'rA-sh&n
Function: noun
Etymology: ad - + Latin littera letter
Date: circa 1656
: the repetition of usually initial consonant sounds in two or more neighboring words or syllables (as wild and woolly, threatening throngs) -- called also head rhyme, initial rhyme

"World Bank …" Here is an example of the kind of predatory loans that the demonstrators are demanding the World Bank stop making. This is from the World Bank's web page and is among a listing of loans approved last week:

SENEGAL QUALITY EDUCATION FOR ALL PROJECT
CREDIT AMOUNT: IDA-US$50 million equivalent
Terms: Maturity = 40 years; grace period = 10 years
PROJECT DESCRIPTION: The Senegal Quality Education Project will establish the framework and strategies for reaching universal primary education in Senegal. The International Development Association will fund elements of the Quality Education For All (QEFA) Program related mainly to primary and secondary education. The emphasis of the project is to improve basic education for children. The QEFA Program will also help the Government to develop the investment strategies for other activities, including science education and technical and vocational training.

Can't have that. Nosir, don't like it.

"Harley instead of a Cannondale …" A Harley is a Harley-Davidson motorcycle. Cannondale (which also make motorcycles) is a well-known brand of bicycles.

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