Word: begun
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Dates: during 1980-1989
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Since the election, though, many Democrats have begun to see a certain expediency in welfare for the wealthy. The reason: a cut in the capital-gains tax would produce a burst of revenue for the Treasury, helping Congress meet its targets for reducing the federal budget deficit, at least in the short term -- the only term that seems to matter in Washington. During the first few years of a lower tax, investors would rush to realize the appreciation on their stocks and other assets and thus pay taxes on them earlier than planned. Once this spurt of early tax collections...
What will the future of the futures market be? Valukas says the Government's investigation has just begun. At least one guilty plea is expected this week, and new cases may be opened. "We have made a substantial and long-term commitment to ensure the integrity of the markets," says Valukas. "I'll let the convictions do the talking...
Military persuasion, though used intermittently, has in recent crises begun to bear fruit. Despite making little head-way with the hostages, the Reagan Administration successfully defended U.S. economic (oil and shipping) interests in the Persian Gulf by dramatically stepping up the presence of the Sixth Fleet there...
Insurers show up just as quickly as the lawyers, seeking through a disputed process known as claim control to keep costs from spiraling. Associated Aviation Underwriters, one of the major airline-liability insurance companies, has already begun the process of talking with survivors and the families of victims of the Sioux City crash, trying to settle their claims quickly and dissuade them from going to court. Says Peter Magee, executive vice president of the company: "If you buy a ticket to get from Point A to Point B, and you don't make it there, then the legal burden...
With split-second timing, the rod tip is lifted and the battle begun. Since the fly is attached to the line with a gossamer-thin tippet, a fisherman must use the long, sensitive rod to tire the trout as it surges and runs, leaps and sometimes literally walks across the water's surface on its tail. There is no mistaking this magic. The fish explodes again, up through a silver shower of water, shaking its head in an effort to throw the hook. You notice the color. It is gorgeous, almost surreal. The trout's meaty flanks sport outrageous spots...