Word: branched
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Dates: during 1980-1989
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There were other signs that the modernization program might be in danger. The State Council, China's executive branch of government, announced that no ! more products would be added to the categories in which prices are allowed to float. An official report stressed the importance of "mandatory" centralized planning. The reformers' emphasis on stimulating consumer demand was criticized in the People's Daily, the party newspaper. In addition, the State Council set up a new press and publications office with full censorship powers and the authority to license publications and close down "illegal" printing operations...
Other sages of the investment community agree. One of Wall Street's hottest gurus, Georgia-based Robert Prechter, has used an arcane branch of analysis known as Elliott Wave Theory to predict that the Dow is on a march that will peak at 3600 by 1988. In December 1985, Yale Hirsch, editor of the newsletter Smart Money, forecast the date of the Dow's 2000 day within roughly a week. Now Hirsch predicts that the index may climb to 2300 within three months and reach 2700 later this year...
...argument for legalization is that forbidding surrogacy will simply drive it underground, ensuring that an unregulated black-market trade will flourish. But if the practice is to be permitted, in what form should it survive? Fearing that conception, the most intimate of functions, might become one more branch of private enterprise, some experts want surrogacy to be conducted like adoption, mostly through nonprofit agencies. "I do not think people should be gestating babies for money," says Arthur Caplan, director of the Bio-Medical Ethics Center at the University of Minnesota. "Entrepreneurs who come into the business are not being screened...
From all the fuss, you would have thought it was a theft of the Elgin Marbles or the rape of the Sabine women. "Criminal mutilation," says Woody Allen. "Artistic desecration," says the Directors Guild of America. "Cultural vandalism," says the Western branch of the Writers Guild of America. Not since Ingrid Bergman was run out of town on a morals charge has Hollywood been & in such a pious fit. Directors, actors, critics, even the odd editorialist, have risen as one to denounce the depredations of -- colorization...
...deal may have ended up financing pro-contra political advertisements and perhaps even the campaigns of pro-contra congressional candidates. That charge is being made publicly by Democrats who have little evidence and obvious axes to grind, but it is a suspicion that is being voiced within the Executive Branch as well. According to one Government source, the Iranian arms profits were diverted into a political slush fund. According to another source close to the FBI, the bureau is "looking into the possibility of a connection" between money that was supposed to have gone to the contras and "Republican campaign...