Word: debts
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Dates: during 1990-1999
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...took his death for national Republican leaders to be shamed into acknowledging their debt to this uniquely-honest and principled politician by paying their respects at his funeral in Phoenix. But as they always say at those postmortem tributes: "It's too bad he wasn't around...
Secretary of the Treasury Robert Rubin and President Clinton see fundamental flaws in a system that has led to banks facing more than $600 billion in bad or doubtful debt. But Prime Minister Hashimoto and top Japanese financial officials are in "stimulus package" mode, not "major restructuring" mode. As one young Japanese entrepreneur told me, if the trade negotiators craft a plan wherein no one is required to take responsibility for the flaws in the Japanese economic structure, "we'll do it." Otherwise, it is likely that nothing much will happen in terms of change...
...share, AT&T is paying top dollar to drive Tele-Communications Inc.'s cable wires into local phone markets. That's 40 percent over what TCI stock was before the rumors of the deal started flying. AT&T is even soaking up TCI's $11 billion in debt along with the $37 million it's paying for the cable business -- but it's worth it, says TIME Wall Street columnist Daniel Kadlec: "AT&T needed this. It gives them a way to get into the local phone market that they couldn't figure out before -- and spares them the antitrust...
More worrisome is the fact that Christian Identity churches have begun springing up around Jasper, including one in nearby Burkeville. The ideology, which preaches that white people are the true Israelites, has moved in subtly. "They look for small autonomous country churches with no debt and a bank account," says Craig. "They fire the pastor, they get tax status and what looks like the Shady Grove Baptist Church; well, they are singing Amazing Grace and then saying Sieg Heil." Killing in the name of religious and racial purity is within the moral contract of Christian Identity, say experts. Authorities last...
...always been cool to be in Generation X. Wearing black Gap turtlenecks and sipping lattes, the archetypal Gen Xers project an image that is hip and urbane. Disaffected with politics, cynical of pop culture, they are eager to catalogue the offenses of the baby boomers who inflated the debt and pitted the ozone layer. Their angst for the future is contagious. Until you see its paradox...