Word: crackings
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Dates: during 1990-1999
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...system is in worse shape than the government cares to admit. "Right after Election Day this year, they're going to hit us with a hundred banks . . . a $100 billion problem," he declared. The candidate was referring to a new regulation taking effect Dec. 19 that requires regulators to crack down on banks whose net worth, or capital, is less than 2% of assets. Regulators at the Federal Deposit Insurance Corp. quickly rebutted Perot's remarks, contending that only about 80 weak institutions (total assets: $30 billion) out of America's 12,000 banks will fall below the 2% level...
...nature can manage the universe on schedule and without a scratch, why not give it a crack at the deficit...
Knighton was 14 and living with his father when he began selling crack cocaine. A year later, he was stealing cars and running a $1,000-a-day drug operation. His life savings -- what he called his "bank account" -- was $30,000 worth of crack and a gold Cadillac. As the boy began making big money, he became a target himself. That inspired him to get his first gun. Weapons were so plentiful that he never had to buy one but simply borrowed from friends. Openly proud of the firearms he has used, Knighton smiles fondly as he recalls each...
There are thousands of places that need volunteers to paint walls, rock crack babies, be big siblings, be teachers' aids, read for the blind, lead after school programs...the list goes on and on. I probably don't have to explain the value of community service and helping the underprivileged or needy, but many people, even Harvard students, aren't motivated enough to actually go and work in a soup kitchen or help build a playground...
...Reagan was too old and doddering for the office. Given the record of his second term (his fogginess on the details of < Iran-contra, Nancy Reagan's astrologer), these turned out to be legitimate concerns. But they vanished in the second debate as soon as Reagan delivered his practiced crack that he had no plans to "exploit for political purposes my opponent's youth and inexperience." What was ironic was that Reagan's closing statement in that same debate, a scarcely coherent ramble about a trip down the Pacific Coast Highway, turned out to be a telling illustration...