Word: debts
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Dates: during 1990-1999
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...segregated town where his grandfather owned a grocery store on the edge of the black neighborhood. Dole's maiden speech in the Senate was about the disabled. He will support any bill remotely related to Armenia: it was an Armenian doctor, Hampar Kelikian, who repaid his debt to his adopted country by rebuilding broken vets like Dole. He has fought for farmers, for veterans, now for victims of prostate cancer. There were few Republicans in 1974 who would have teamed up with George McGovern on anything, much less a reinvention of the food-stamp program. But Dole knew...
...DECADES EAST ST. LOUIS HAS BEEN MIRED IN MISERY. Its 1992 murder rate was the highest in the nation, while the property-tax rate was one of the highest in Illinois. Six years ago, it achieved national notoriety when, crippled by debt, it gave up the city hall to settle a lawsuit. Garbage lay uncollected in the streets. Businesses fled. Today half the 40,000 residents, in a town that used to be integrated but is now 98% black, qualify for public assistance. Drugs are rampant. Where better than this slum on the Mississippi River to build a glittering...
...desert. Congress has met the President halfway, restoring nearly $4 billion to the spending bill. But the White House is still demanding an additional $1.8 billion for Head Start, veterans medical care and other programs. Meanwhile, Clinton is expected to sign another piece of legislation that will raise the debt ceiling, averting a first-ever federal default. The measure prevents a government shutdown by extending federal borrowing authority through September 1997, but at a cost of raising the national debt ceiling to $5.5 trillion...
...AMERICAN CONSUMERS ARE SO WORried about their jobs and armpit-deep in debt, why do Mont Blanc's five U.S. stores keep running out of their 888 Prince Regent pens, at $5,900 a pop? And why does Chanel have a waiting list for its $2,999 double-breasted tweed dresses for spring, which have yet to reach the stores...
FIRST COMES THE DOCTOR; THEN THE PRIEST; THEN THE undertaker; and finally, Sotheby's. When you come down to it, auctioneering is a lugubrious trade. It thrives on death, divorce and debt, and the pink, deferential Brit in the now empty Park Avenue living room is to upper-class America what buzzards once were to luckless prospectors in Arizona. When the famous die, the salesmen perk up--but the trouble is that the really good art and antiques do not necessarily belong to the really famous. Ergo, find a way of using their fame to endorse their possessions, and turn...