Word: bail-out
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Soapy Storm. Last February, Soapy Williams started a hold-down on nonessential state expenditures, asked for and got a bail-out of $30 million in taxes paid three months in advance by his old whipping boys, the corporations. In the state legislature. Democrats and Republicans began talking about "the need for compromise.'' But as the weeks went by, 1) the Republicans tried to get a 1% increase in sales taxes, and the Democrats balked; 2) the Democrats tried to hike the debt limit to $50 million, and the Republicans balked. Last week, even though the evenly divided house...
...would end its support if he did not close government-subsidized tin-mine commissaries where the coddled, politically powerful miners were buying meat, rice and other staples at less than cost-a typical rat hole for foreign funds. A few weeks ago the U.S., which sends Bolivia a bail-out allowance of $500,000 every fortnight, backed up the I.M.F. by demanding an end to commissary subsidies. Thus pressured, Siles announced that the commissaries had to go. The day the rioting ended, Bolivia's tin miners went on strike to protest Siles' action...
...limply on hospital beds. All B-58s-the hottest bombers in the Air Force arsenal-were unofficially grounded. A deep question plagued the minds of Air Force investigators: how to do a better job of protecting the flyers of the jet age against the bone-crushing hazards of bail-out at supersonic speeds...
...amber-tinted visor over his tearing eyes-but he could not read his instruments again without lifting it. His gloved hands froze to near helplessness. Under his seat was the armed, unexploded powder charge that had failed to fire his seat out of the cockpit in the early bail-out try. "You're so numb, I don't think there's any fear at all. You're just numb...
Lieut. David Steeves, U.S.A.F.R., 23, still sticking to (or stuck with) his story of a fast bail-out and slow 54-day ordeal in the Sierra Nevada wilds (TIME, July 15, Aug. 26), was relieved from active duty at his own request, began scrounging for "some kind of flying job." Dave Steeves also has domestic troubles; his pretty wife Rita has left him, sees no hope of reunion because there is "no love" between them. But the crash of his marriage, disclosed Pilot Steeves in this month's Redbook magazine, had nothing to do with the crash...