Word: blushes
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...first blush, the image seems hard to erase. Allison apologizes excessively for being 20 minutes late for an appointment. He speaks in steady, measured tones--in a sonorous voice oddly reminiscent of Dan Rather--weighing each word heavily. He likes to order things in sets of three. He uses words like "prioritize" and mouths sentences like, "There's no model--so we're trying to define operationally a strategy for achieving that objective...
...airfields considered among the most sophisticated in the world. We gave back the Alma oilfield, which we discovered and drilled. We got a fourth of our annual oil consumption from that field at a cost of $150 million. We returned it for the sake of peace. I may blush when I say this, but when Vice President Mondale came out to greet me at Andrews Air Force Base, he used the following words: "On behalf of President Carter, I greet you as a hero, a hero of peace...
...most unnerving for the K-School masterminds, was President Bok's invitation to the CRP to move in with Allison and his extended family at the K-School. Admittedly flustered by the prospect of over 250 new boarders, the K-School dean conceded several months ago, "At first blush, our reaction was, 'Look, we're full up. We don't need this.'" However, between the time Bok suggested the transfer in November and his formal announcement in February, both Allison and his counterpart at the GSD, Gerald M. McCue, had come to accept enthusiastically the President's proposition. Philosophically...
...culprit of the crunch is clearly the Federal Reserve's credit squeeze. Would-be house buyers are now finding it difficult to obtain money to borrow, and when they do, the rates are high enough to make any bail bondsman blush. The nation's average mortgage rate today is an astronomical 17%, vs. 11% late last year and 9% in 1977. Last November a family buying a $100,000 house would have needed an income of $36,500 to qualify for the normal $80,000 mortgage, and faced monthly payments of $761. Today, obtaining a mortgage for that...
What about the "small" saver who wants to set aside 25? or so from his allowance each week? Bankers blush at the thought that they might be thwarting grade-school thrift, and some have moved to exempt children from the new fees. New York's Manufacturers Hanover, for example, waives for minors the $1 quarterly charge on pint-size accounts. But if the pressure on banks to streamline their operations continues to grow, the kids, and many of their on-the-brink elders, may find that a piggy bank is the best they...