Word: checkbook
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...Richard Darman, who played a crucial role in negotiating the budget compromise that was at the center of last week's maelstrom, was himself guilty of preparing a budget that was a monument to Reaganite wishful thinking. Bush's nationally televised paean to the homely virtues of a balanced checkbook might have carried a lot more weight in both the country and in Congress had he not won office two years ago with a promise to reduce the deficit without raising taxes. It was precisely such claims -- that there is a free lunch after all -- that got the U.S. into...
...real issue is not so much the dollar amount as the nature of the Japanese contribution. So far it's all treasure and no blood, all soft power and no hard. Left to its own instincts, Japan's sole instrument of security policy would be its checkbook. That isn't good enough in a world menaced by the likes of Saddam Hussein. The burden to be shared in the gulf is not just financial cost; it is also mortal risk. If U.S., Saudi, Egyptian, British and other soldiers die in the desert, Japan's billions will have bought more resentment...
Earlier this year Kaifu showed signs of being a lot better than that. Demonstrating unexpected skill and boldness, he engineered major progress in trade talks with the U.S. This week he could advance both his own standing and his country's by bringing more than just his checkbook to his meeting with Bush...
...journalism at the University of Georgia, cited estimates that 40% of the news comes from public relations specialists (who, at 150,000 strong, outnumber the country's 130,000 journalists). Still others try to hawk their stories for money, a trade-off that most respectable publications resist, although "checkbook journalism" is all too common these days...
...requirement. I actually laughed when I got about the lowest score on the math placement test in the class of '93. The registrar suggested cross-registration at Cambridge Rindge and Latin for remedial algebra, but I told her that I would never need to know more math than my checkbook required--and that meant never dealing with more than three digits...