But treaties are also trickier to come by, because they need Senate approval. That is one reason why presidents in recent decades have opted for executive agreements, which typically donât require congressional input. But they carry a major drawback: they can be reversed by the next president.
Download article as a PDF. Racketeering is when organized groups run illegal businesses, known as ârackets,â or when an organized crime ring uses legitimate organizations to embezzle funds. Such activities can have devastating consequences for both public and private institutions.
It means to have a lot of money. Typically this is used to describe income gained through the drug trade. Racks are stacks of paper (money). So if you have racks on racks on racks then you have piles of cash. The term was made gained popularity in hip hop culture after the song by YC.