Word: bonding
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Dates: during 1990-1999
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...sore need of a new mission. Sure, the U.S. still has $5.6 trillion in obligations to manage. That'll keep it busy for a while. But things are different now that we're no longer spending more than we make. For one thing, the once vitally important U.S. savings-bond program seems ripe for attrition. Savings bonds finance only 4% of the national debt, down from more than 20% in their heyday, and officials are in deep discussion about how to keep the program relevant...
There have been some innovations in the past 12 months--the new I-bond, whose interest rate rises and falls with inflation; the EasySaver plan, which features automatic bank-draft purchases; and PC purchasing via a bank. Next up: online purchases direct from the Treasury with no commissions or fees. Treasury will be trumpeting these new features--which private industry caught onto years ago--in a marketing campaign next year...
...Treasury, as it ponders how to get the word out on its new savings-bond programs, would do well to address some old problems first. The main one: some $6.5 billion of savings bonds are no longer accruing interest because they are 30 or 40 years old. Yet they go unredeemed. Many of them are tucked in a drawer or safe-deposit box, and the owner, who may have inherited them, has no idea that the bonds have matured. If you own savings bonds, check the dates. At minimum, any bonds that are no longer accruing interest should be converted...
...idea for "Take 5," as it is called, came from Sergeant Regina Evans, who was looking for a nontraditional way to get teenagers to come to the station to bond with police. But she has been surprised by its popularity among officers as an opportunity to work through the vicissitudes of cop life...
...idea for "Take 5," as it is called, came from Sergeant Regina Evans, who was looking for a nontraditional way to get teenagers to come to the station to bond with police. But she has been surprised by its popularity among officers as an opportunity to work through the vicissitudes of cop life...