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Boondoggle
A boondoggle is a project that is considered a waste of both time and money, yet is often continued due to extraneous policy or political motivations. Etymology "Boondoggle" was the name of the newspaper of the Roosevelt Troop of the Boy Scouts, based in Rochester, New York, and it first appeared in print in 1927. From there it passed into general use in scouting in the 1930s. It was attributed to a boy scout from Rochester who coined the term to describe "a new type of uniform decoration". After the presentation of honorific boondoggles at a World Jamboree, the use of the word spread to other troops and branches. An Oakland scout troop presented a "boondoggle" as an award for attendees who spent seven days and nights at Camp Dimond. That boondoggle was described as a "red leather strip which terminates in a red wooden diamond on which is painted the number 1930." The "boondoggle" was described in the Ogden '' Standard-Examiner'' in 1930 as a hand-made item crafted from brig ...
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Lower Churchill Project
The Muskrat Falls Generating Station is a hydroelectric generating station on the Churchill River (Atlantic), Churchill River in Newfoundland and Labrador, Canada. It is located downstream of the Churchill Falls Generating Station. The station at Muskrat Falls has a capacity of over 824 MW and provides 4.5 TWh of electricity per year. A $6.2 billion deal between Newfoundland and Labrador's Nalcor Energy and Halifax, Nova Scotia-based Emera to develop the project was announced in November 2010. On November 30, 2012, a federal loan guarantee deal for financing of the project was signed by Prime Minister of Canada, Prime Minister Stephen Harper, Premier of Newfoundland and Labrador, Newfoundland and Labrador Premier Kathy Dunderdale and Premier of Nova Scotia, Nova Scotia Premier Darrell Dexter. On December 17, 2012, the provincial government announced project sanction. Emera received approval to proceed with the Maritime Link from the Nova Scotia Utility and Review Board in 2013. Fin ...
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Scoubidou
Scoubidou (Craftlace, scoobies, lanyard, gimp, or boondoggle) is material used in knotting craft. It originated in France, where it became a fad in the late 1950s and has remained popular. It is named after the 1958 Scoubidou (song), song of the same name as sung by the French singer Sacha Distel. Scoubidou returned to fashion in various countries in the 1980s, and later in 2004 and 2005. It uses commercially supplied plastic strips or tubes. Thread The most common kind of thread used for the craft is flat and comes in many colors, sometimes called "lanyard" or "gimp thread", often depending on region. Another kind of scoubidou thread is supple, round, and hollow plasticizer, plasticized PVC tubes usually about 80 centimetres in length. They are sold in various colors, sizes, and types, and are used to make items by binding them together with knots. On account of their elasticity and hollow cross-section—which enables them to collapse and deform when pulled—they form tight ...
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Lloyd Paul Stryker
Lloyd Paul Stryker (5 June 1885 – June 1955) was a 20th-century American attorney known as a "flamboyant criminal lawyer" and "perhaps the most celebrated criminal lawyer since Clarence Darrow", best known as chief of defense in the first criminal trial of Alger Hiss for perjury in 1949. Background He was born on June 5, 1885, in Chicago to Melancthon Woolsey Stryker (a Presbyterian minister) and Elizabeth Goss. He had five siblings. In 1906 (or 1907), he received a BA from Hamilton College, where his father was president. In 1909, he received an MA in law from New York Law School. In 1933, he received a Doctorate of Humane Letters. Career In 1909, he was admitted to the New York bar. From 1910 to 1922, he was assistant district attorney in New York County. In 1914 (or 1912), he received the Republican nomination for judge of the New York City Court. He then formed the law firm of Whiteside and Stryker. He interrupted his career to serve in World War I successively as second ...
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Government Waste
In public choice, a government failure is a counterpart to a market failure in which government regulatory action creates economic inefficiency. A government failure occurs if the costs of an intervention outweigh its benefits. Government failure often arises from an attempt to solve market failure. The idea of government failure is associated with the policy argument that, even if particular markets may not meet the standard conditions of perfect competition required to ensure social optimality, government intervention may make matters worse rather than better. As with a market failure, government failure is not a failure to bring a particular or favored solution into existence but is rather a problem that prevents an efficient outcome. The problem to be solved does not need to be market failure; governments may act to create inefficiencies even when an efficient market solution is possible. Government failure (by definition) does not occur when government action creates winners ...
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The Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington metropolitan area and has a national audience. As of 2023, the ''Post'' had 130,000 print subscribers and 2.5 million digital subscribers, both of which were the List of newspapers in the United States, third-largest among U.S. newspapers after ''The New York Times'' and ''The Wall Street Journal''. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. In 1933, financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy and revived its health and reputation; this work was continued by his successors Katharine Graham, Katharine and Phil Graham, Meyer's daughter and son-in-law, respectively, who bought out several rival publications. The ''Post ...
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Newfoundland And Labrador
Newfoundland and Labrador is the easternmost province of Canada, in the country's Atlantic region. The province comprises the island of Newfoundland and the continental region of Labrador, having a total size of . As of 2025 the population of Newfoundland and Labrador was estimated to be 545,579. The island of Newfoundland (and its smaller neighbouring islands) is home to around 94 per cent of the province's population, with more than half residing in the Avalon Peninsula. Labrador has a land border with both the province of Quebec, as well as a short border with the territory of Nunavut on Killiniq Island. The French overseas collectivity of Saint Pierre and Miquelon lies about west of the Burin Peninsula. According to the 2016 census, 97.0% of residents reported English as their native language, making Newfoundland and Labrador Canada's most linguistically homogeneous province. Much of the population is descended from English and Irish settlers, with the majority ...
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Supply Chain
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers, while supply chain management deals with the flow of goods in distribution channels within the supply chain in the most efficient manner. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on. The phrase "supply chain" may have been first published in a 1905 article in ''The Independent (New York City), The Independent'' which briefly mentions the difficulty of "keeping a supply chain with India unbroken" during the British expedition to Tibet. Overview A typical supply chain can be divided into two stages namely, produ ...
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Zellers
Zellers was a Canadian discount store chain founded by Walter P. Zeller in 1931. It was acquired by the Hudson's Bay Company (HBC) in 1978, and after a series of acquisitions and expansions, peaked with 350 locations in 1999. However, fierce competition and an inability to adapt during the early stages of the retail apocalypse resulted in Zellers losing significant ground in the 2000s. In January 2011, HBC announced that it would sell the lease agreements for up to 220 Zellers stores to the US chain Target for $1.825 billion. In turn, Target announced its intention to convert many of them to Canadian locations of Target, and re-sell the remainder to other parties such as Walmart Canada, resulting in their liquidation and eventual closure. While HBC initially retained 64 Zellers locations, it announced on July 26, 2012, due to their lack of profitability, all of them would be liquidated and closed by March 31, 2013. Ultimately, all but three selected stores were closed in 2 ...
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Write-down
A write-off is a reduction of the recognized value of something. In accounting, this is a recognition of the reduced or zero value of an asset. In income tax statements, this is a reduction of taxable income, as a recognition of certain expenses required to produce the income. Income tax In income tax calculation, a write-off is the itemized deduction of an item's value from a person's taxable income. Thus, if a person in the United States has a taxable income of $50,000 per year, a $100 telephone for business use would lower the taxable income to $49,900. If that person is in a 25% tax bracket, the tax due would be lowered by $25. Thus the net cost of the telephone is $75 instead of $100. In order for American business owners to write off business expenses, the Internal Revenue Service states that purchases must be both ordinary and necessary. This means that deductible items must be usual and required for the business owner's field of work. For example, a telemarketer may deduc ...
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Target Canada
Target Canada Co. was a short-lived Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary formed with the acquisition of Zellers store leases from the Hudson's Bay Company (HBC) in January 2011. Target Canada opened its first store in March 2013, and by January 2015 was operating 133 locations throughout Canada. Its main competition included Walmart Canada, Loblaws, Shoppers Drug Mart, and Canadian Tire. Target Canada was ultimately unsuccessful, owing in part to an overly aggressive expansion initiative, in addition to higher prices and a limited selection of products compared to Target stores in the United States and its Canadian rivals, particularly Walmart. The retail chain racked up losses of $2.1 billion in its lifespan, and was widely viewed as a failure, termed a "spectacular failure" by Amanda Lang of CBC News, "an unmitigated disaster" by ''Maclean's'' magazine an ...
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Berlin Brandenburg Airport
Berlin Brandenburg Airport () () is an international airport in Schönefeld, just south of the Germany, German capital and state of Berlin, in the state of Brandenburg. Named after the former Mayor of West Berlin, West Berlin mayor and Chancellor of Germany, West German chancellor Willy Brandt, it is located south-east of the city centre and serves as a base for Condor (airline), Condor, easyJet, Eurowings, Ryanair and Sundair. It mostly has flights to European metropolitan and leisure destinations as well as a number of intercontinental services. The new airport replaced Berlin Tempelhof Airport, Tempelhof, Berlin Schönefeld Airport, Schönefeld, and Berlin Tegel Airport, Tegel airports (with the former already closed in 2008, followed by the latter two in 2020), and became the single commercial airport serving Berlin and the surrounding States of Germany, State of Brandenburg, an area with 6 million inhabitants. With projected annual passenger numbers of around 34&nbs ...
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National Review
''National Review'' is an American conservative editorial magazine, focusing on news and commentary pieces on political, social, and cultural affairs. The magazine was founded by William F. Buckley Jr. in 1955. Its editor-in-chief is Rich Lowry, and its editor is Ramesh Ponnuru. Since its founding, the magazine has played a significant role in the development of conservatism in the United States, helping to define its boundaries and promoting fusionism while establishing itself as a leading voice on the American right. History Background Before ''National Review''s founding in 1955, the American right was a largely unorganized collection of people who shared intertwining philosophies but had little opportunity for a united public voice. They wanted to marginalize the antiwar, noninterventionistic views of the Old Right. In 1953, moderate Republican Dwight D. Eisenhower was president, and many major magazines such as the '' Saturday Evening Post'', ''Time'', an ...
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