Word: centralized
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Dates: during 1990-1999
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...Labor Secretary Robert Reich; Harvard welcomed Federal Reserve Board Chairman Alan Greenspan to speak to alums and graduates. The two men have very different views of the economy. In his memoir, Reich imagined that a frank exchange would involve his assailing Greenspan as a "robber-baron pimp" and the central banker's calling him a "Bolshevik dwarf...
...last February a producer, apparently taken by the testosterone in my articles, asked if I'd like to try to write for a new series premiering this week on Comedy Central called The Man Show. Three weeks later I was on a plane to L.A. for a week-long writing gig and the chance to create that extra-sleazy me I had long fantasized about. I called him Shane...
...miss Shane. Now that I know he's not that talented, powerful or smooth with the ladies, my Hollywood dream is just a fun, overpaid desk job. Because even Comedy Central pays better than TIME. I think it has something to do with the fact that on TV the ads move. People seem to like that...
...designed to avoid, NATO?s ambiguous relationship with the KLA -- which was a de facto ally against the Serbs until two weeks ago -- and the movement?s political agenda may have made it inevitable. "NATO knew from the start that demilitarizing the KLA would be a problem," says TIME Central Europe reporter Dejan Anastasijevic. "Their goal is to become the sole political authority in Kosovo, which is why they?re moving in so quickly to establish a position of strength from which to negotiate with NATO." Although British troops arrested five KLA members for kidnapping and killing a Serb...
Moved PermanentlyMoved PermanentlyFortune Investor DataPresumably, Greenspan will stop worrying too -? if he ever started. Many saw the Fed?s "bias shift" in May as a virtual rate hike, one that showed up in the market?s interest rates and took some steam out of stocks without the central bank?s actually having to do anything. Now, there are only two reasons for the Fed to raise rates at its June 29 meeting ?- to loosen up labor markets or simply to bare its teeth ?- and neither seems compelling enough for Alan & the Gang to act before the next meeting, in August...