Word: dividenders
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...lose money. Well, conceivably you won't; you may just lose sleep. But probably. To begin with, there are the aforementioned commissions. On top of that, if the stock pays a dividend, you don't get it -- you pay it. (With short sales, everything works in reverse.) Mainly, though, if the stock you've shorted goes up instead of down, you lose a dollar for every point it climbs...
DEMOCRATS are busy these days celebrating the end of the Cold War and devising costly ways to spend the resultant "peace dividend." This preoccupation should come as no surprise, as liberals have always dreamed of drastic cuts in military spending...
...that both needed aid from America to rebuild their economies. But he did not say where he would find the money. As Congress seemed to dawdle over the problem, Bush last week said funds could be diverted from the military. If Congress agrees, this would be the first budgetary dividend from the global moves toward peace...
...country, the Congress and the media are demanding a peace dividend. Papa Bush sternly refuses to give it to them. For that he is assailed as being out of sync, out of touch, overprudent, weird even...
...generation of weapons and investing instead in research and development of the next generation (as suggested by former Assistant Defense Secretary Richard Perle). Both of these approaches, however, rest on the premise that the U.S. must maintain a large, technologically advanced, worldwide military force. The logic of the peace dividend is the opposite: now that the cold war is won, it is time to demobilize...