Word: bargain
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Dates: during 1990-1999
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Privatization was the next great reform effort--getting the economy out of government direction and into private hands. Those hands proved, however, to belong to well-connected operators who bought state properties at bargain rates and stripped their assets, becoming in the process notorious oligarchs who own the big banks, newspapers, television and more. It wasn't real privatization at all but a set of sweetheart deals that made the bankers partners with their cronies in government, focusing on exports, imports, loans and currency speculation...
...past there has been a grease of custom and compromise that kept Presidents and prosecutors from getting this far in the hole. "You never want to litigate questions of separation of powers," says C. Boyden Gray, George Bush's White House counsel. "When you litigate these things rather than bargain over them, you tend to lose them...
...newfound willingness to bargain is even more likely to be found at colleges generally less successful than Yale and Stanford in attracting the most qualified students. Many highly competitive schools have begun to use a thinly disguised form of merit scholarship to land prized applicants. If your family income is not low enough to warrant a need-based scholarship but your daughter is seen as something of an academic catch, she may well be offered an additional stipend to make her decision easier. Don't hesitate...
Since the college market is a two-way business, with admissions officers trying to buy the best students and students trying to get the best deal, it's important that you scour the landscape for all possibilities. In some cases, you may find a better bargain far from home, on a campus that values geographic diversity; in others, you may find a steal right under your nose...
...doing it well. When was the last time the decision makers of the U.S. deserved that feeling? Our government has always "asked" the sons and daughters of this country to uphold the values we believe in. What the government hasn't done is keep its end of the bargain, by placing a value on the lives of its servicemen and -women. Weeks before the end of World War II in Europe, our government "asked" its soldiers to take part in a dubious mission to rescue an American prisoner in Germany, the relative of an influential general. The prisoner made...