Word: bernards
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Dates: during 1990-1999
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...take more than appointing a former Soros investment director to turn the country around. "To regain the confidence of foreign investors and the IMF, Fraga will have to convince them that Brazil can close its budget gap and restore its financial health," says TIME senior business reporter Bernard Baumohl. "There may be a momentary rebound in the real, but only time will tell whether anything of substance has changed...
Intellectuals love baseball, and they read sweet meanings into it. The game "has a mythic quality," Bernard Malamud thought--the myths being innocent democracy, recovered childhood, a harmless, universal cast of heroes (from Ruth and DiMaggio long ago to McGwire and Sosa in last year's memorable season) and a sentimental reconciliation, over peanuts and Crackerjacks, between the college-educated and the working...
...plans. The central feature of the proposal would be to make the earnings on contributions in 401(k) plans tax-free when they are distributed at retirement, much like the Roth IRA. "Obviously, any attempt to increase savings would be helpful to both savers and the economy," says Bernard Baumohl, TIME senior economics reporter...
...amusing is the number of intellectuals, businessmen and political leaders who gave eugenics their blessing or fervid support. The list begins with Darwin, who in The Descent of Man praised his cousin Galton and decreed that genius "tends to be inherited." Other champions included the young Winston Churchill, George Bernard Shaw, Alexander Graham Bell, John Maynard Keynes, Theodore Roosevelt and the usually taciturn Calvin Coolidge, who declared during his vice presidency that "Nordics deteriorate when mixed with other races...
...problems. In trading from Asia to Europe to Wall Street, the world's new currency heavyweight rose steadily against the U.S. dollar and delivered, for one day at least, on its promise of European prosperity by sparking market rallies in Germany and France. But TIME senior economics reporter Bernard Baumohl says Europe's new union faces some rocky days ahead...