FOLLOW THE WEEK ON FACEBOOK
February 5, 2008
GOOD DAY FOR: Trees, after the White House scaled back the number of printed copies of its four volume, 2,000-page-plus 2009 budget, saving an estimated 20 tons of paper, 480 trees, and $1 million over five years. The reduced paper count stems from a decision to charge the public, congressional offices, and the media for copies of the budget. (The Wall Street Journal)
BAD DAY FOR: Looking into the future, after Singapore-based securites-broker-turned-astrologer Tony Tan is predicting that the Chinese Year of the Rat will be characterized by losses. Tan successfully predicted that the Year of the Pig last year would see “peak performances” in Asian stocks. “Just like a rat, investors will have to be nimble” this lunar year, which begins Feb. 7, Tan says. (Bloomberg)
of The Week magazine.