Word: agee
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Dates: during 1980-1989
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Throughout his years in power, Deng balanced moderate vs. hard-line factions in every organ of the state -- the party, the government, the military. The result was paralysis: important decisions were frequently avoided or ignored. Deng remained the ultimate arbiter, but hobbled by age and his penchant for toughing out dilemmas, he increasingly played off would-be successors against one another, letting their disagreements fester into bureaucratic skirmishing...
...task may be impossible without a wholesale change in the leadership, which is not likely soon. Deng was deservedly admired for having navigated China toward economic modernization, but his achievement is tainted by the blood of the demonstrators killed in Beijing. The aged conservative revolutionaries surrounding him are out of touch with a population whose majority is under 40 years of age. The P.L.A., contrary to its popular repute, has shown itself to be the regime's, not the people's, army. Said a senior British diplomat last week: "There is not a single institution that has not been besmirched...
...think you'll just pocket that 12% for a year and then move on to something else. If you withdraw your money, Amex charges a penalty, 7% the first year, which gradually evaporates in seven years. But there's also the 10% IRS penalty on withdrawals before age 59 1/2 and, whatever your age, the income tax due on the interest your funds have earned...
...nuisance of thoughtless riders who buzz fishermen, menace rowboats and rip through the quiet of mountain lakes and peaceful beaches. As a result, several states and localities have passed legislation in recent years regulating where and by whom the motorized skis may be used. Many have set the minimum age for riders at 14, require use of a life jacket and forbid riding at night. In Florida, where eleven deaths have occurred since 1987, the state plans to outlaw such reckless maneuvers as weaving through powerboat traffic. Local authorities in Arizona and Oregon have restricted the use of personal watercraft...
This spring the Personal Watercraft Industry Association started distributing safety videos, posters and user instructions to dealerships. The association has also drawn up its own suggested regulations, which include a minimum age of 14 for riders of privately owned vessels and 16 for rentals. "The reason it's been a zoo out there is because there has not been any regulation or guidance," says Roger Hagie, chairman of the P.W.I.A...