Word: brink
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...eating into federal programs. Now, with that surplus fast shrinking and $55 billion in new spending stemming from the attacks, Bush has asked for a new $75 billion tax cut. Consumer confidence is at its lowest in years, the airlines are failing and our economy is teetering on the brink of recession. Yet Bush wants to pick up more debt for the federal government by going into deficit spending. It would seem that Bush is turning into Ronald Reagan, emulating his reckless tax cuts and increasing the national debt...
...piece of good news last week - offering third-party liability insurance for aircraft after private insurance companies yanked their coverage. Without state intervention, many carriers would have been grounded. Now the debate has shifted to the question of state aid to airlines that have been pushed to the brink of insolvency by the disruptions in service. "I?m sure four or five airlines are close to being bankrupt and require state aid," said Andy Chu, airline analyst at Merrill Lynch in London. "I don?t believe governments will allow their national airlines to go bankrupt...
Leaving registration, I ran into a friend who inquired about the summer and then mentioned that New York City had apparently come under terrorist attack and one of the towers was on the brink of collapse. I hurried to a television and watched the news for an hour. I tried reaching my mom, but the phone lines weren’t operational...
...Have the pressures of public life ever driven you to the brink of sanity, like Mariah Carey...
There is a message in this for President Bush as well. At a time when the world is teetering on the brink of further violence, it is vital to strengthen all those institutions for peace. The law of unpredictable results means that violence may produce untold further violence in the future. This is particularly true in connection with the military strikes naturally being contemplated at the moment. If we were to spend even a fraction of the sums spent on defense budgets both in the U.S. and in the Middle East on serious peace initiatives, we would get much better...