Word: booning
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Singer called it "something that is obviously a boon for the School...
...long run, the new tax law is likely to be a boon to the stock market because it will sharply reduce the attractiveness of traditional tax shelters, ranging from real estate developments to cattle-ranching deals. One reason: investors will no longer be allowed to use so-called passive losses from these shelters to reduce their tax obligations on income from salaries and stock dividends. Says Norman Barker, a tax partner with Gibson, Dunn & Crutcher, a Los Angeles-based law firm: "I think it is safe to say that investors who once were in real estate and other tax shelters...
...OPEC somehow sticks to its agreement and prices keep rising, heavily indebted petroleum-producing nations like Mexico and Venezuela would clearly enjoy a boon. The production cut would also help the oil-patch states in the U.S., which felt the pinch as the price of Texas-grade oil fell from about $27 per bbl. in January to a low of $9.75 in April. Consumers, though, would face more expensive heating oil and gasoline, and if prices continue to climb, the increase could rekindle inflation and eventually weaken the world economy...
...this boon possible? Thanks to a week-kneed House of Representatives, American taxpayer money will start pouring into this small nation in order to fund a war between the Nicaraguan government and a group of rebels known as the Contras. On Wednesday, the House about-faced 221-209 on its earlier opposition to such aid and narrowly approved a $100 million aid package for the Contras. All that the President Reagan-backed bill needs to become law is approval by the Senate, which has already voted in favor of the bill once...
...transmitted to them by television. There is much to admire in this remarkable invention and more than a little cause for concern. On the one hand, television unites in common perceptions a disparate people spread across a broad continent. Such an immediate and inclusive forum would seem an unquestioned boon to Democracy. Such is not entirely the case. Although television appears to reflect marvelous diversity, it in fact fosters uniformity. Varieties of American speech, fashions and opinions are modified toward sameness by the examples of what millions of Americans watch. It also seems to me that television achieves part...