Word: dividend
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...aggression has given new ammunition to skeptics who contend that, Soviet threat or no Soviet threat, the U.S. needs every high-tech weapon system it can develop. The Pentagon budget will still be cut, but perhaps by as little as $10 billion, obliterating any chance that a substantial peace dividend will help relieve pressure on the government deficit. "Every politician will cite the gulf crisis as a justification for his favorite weapon," says Lawrence Korb, a former Pentagon official now at the Brookings Institution in Washington. For example, Senator Robert Dole has already argued that Iraq's move proves...
Aside from all the bloodshed, wars waste vast quantities of money -- which this government hasn't got. Just preparing the intervention to protect allegedly threatened Saudi Arabia is costing about $46 million a day (and has just about killed all hope of a post-cold war peace dividend). So far, the valiant resistance to higher oil prices has substantially increased the price of oil, and an actual war with Iraq would undoubtedly increase it a great deal more. The impending recession would deepen and spread around the world. So how is President Bush, who can't even keep the budget...
Even before British Defense Secretary Tom King unveiled his five-year plan for reductions in the country's armed forces in Parliament two weeks ago, lawmakers were debating how to spend the resulting "peace dividend." King's program, a response to the decreased threat from Eastern Europe and the Soviet Union, calls for reducing regular forces 18% over five years...
...rapid political and economic unification of the two Germanys is paying an unexpected dividend: a combined attack on terrorism. After pooling information from West Germany and the impounded files of the now defunct East German secret police, the Stasi, East German authorities this month arrested seven people believed to be members of West Germany's notorious Red Army Faction, whose bloody campaign claimed more than 20 lives between...
...Playboy Enterprises own only one < share, and those certificates often adorn such places as taverns and gym lockers. Reason: pinup value. Since Playboy went public in 1971, its stock certificates have sported the unclad image of Willy Rey, Miss February of that year. But because the cost of sending dividend checks and providing other services to all those one-share stockholders amounts to $100,000 a year, Playboy has decided to discourage souvenir collectors by issuing new certificates. Printed for the first time last week, the shares depict a "classically styled" woman holding aloft a globe to symbolize the company...