Word: creationism
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Dates: during 1980-1989
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...with the apartment only weeks away from completion -- the main thing still missing is the park to be built on the roof -- Trump is pleased with his creation. "You will not believe this," he says as he leads the same reporter through the door. And it is true: even Judith Krantz would find it a little hard to believe. Even Liberace. If anyone would like a living room 80 ft. long, Trump now has one. With bronze-edged floor-to-ceiling windows overlooking Central Park. And a 12-ft. waterfall set against a backdrop of translucent onyx...
Exploring the farfetched concept of "wormholes," serious physicists find themselves discussing time travel -- and even the creation of new universes...
...write off the loan- loss reserves they have set aside against the possibility of defaults. But countries that have tried to declare moratoriums, like Peru and Brazil, have learned they merely forfeit all chance of fresh credit. Yet another plan, advocated by James Robinson III of American Express, urges creation of an international debt-management authority. The body would buy all outstanding downgraded bank loans. The difference between the loans' current discounts and their face values would be absorbed by the contributors to the authority, comprised mainly of wealthy countries. Once the loans are settled, the debtor countries would...
Perhaps the most unusual proposal to date comes from a Peruvian economist, who has suggested swapping debt for the creation of an antidrug fund. Under the scheme, debts held by overseas commercial banks would be handed over to the central bank of the debtor. The commercial banks would be able to write off the debt as a loss and donation for tax purposes, while the debtor country would put a percentage of the debt into a local currency deposit. The interest would be directed into an antidrug fund for financing crop substitution and other development projects in areas where cocaine...
While Congress recognized the need for the closings, lawmakers were gun-shy about the protests they were certain to provoke. So the legislators found a way to face the issue without having to make the painful choices themselves: they passed a bill endorsing the creation of a twelve-man bipartisan commission that would decide on the sites for closure. The commission submitted its recommendations to Defense Secretary Frank Carlucci last week; both he and the Joint Chiefs of Staff were reportedly prepared to approve them. The list will next go to Congress where it must be considered on a take...