Word: dollarization
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Dates: during 1980-1989
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Initially, a crack addict can continue to function at work. But that first euphoric kick can be followed by depression and paranoia, which the user suppresses by getting high again. So begins a cycle of compulsive binging known as "chasing the high." Five-dollar "nickels" give way to $40 "doves." Soon crack addicts are spending $200 and more every night...
Since a typical feature film is a $20 million roll of the dice, Hollywood always wants to improve its odds. That's why studios are so willing to pay breathtaking sums to surefire stars. Now Hollywood's obsession with the talented few is fueling a billion-dollar personnel tug-of-war that pits Warner Bros. against Sony for the services of the two hottest movie producers to come along since Samuel Goldwyn met Louis B. Mayer...
...HarvardOpportunities': Dedicated readers of The Harvard Gazette, Cambridge's only administration-approved weekly, have noted an unusually high number of fundraising positions advertised in the publication recently. Although it could not be determined whether plans for a multi-billion dollar fund drive caused the apparent surge, the approximately 10 jobs listed in The Gazette seemed compelling. Take this entry on page 22--"Development Assistant for Research/Development Associate for Research." Among the duties specified, the prospective "assistant" will get to undertake "in-depth biographical and financial research and analysis of individuals..." The resumes are probably pouring...
...this rather severely depresses me. On the Harvard campus where I teach, for example, rarely, if ever, do I see the brazen, sap-running spectacle of a hand held, a partner embraced, a kiss tendered (wet or dry), and I cannot help but ask these high-flying, career-tracing, dollar-sniffing, supposedly "younger" persons of the passionate years (to quote someone from their generation, Tracy Chapman): "If not now...when...
This summer, Rep. Ronald Dellums (D-Calif.) called for a Pentagon investigation into the Israeli defense firm Tadiran. Dellums said he suspected that the firm had business ties with South Africa, despite an international ban. If these allegations proved true, Dellums said the Pentagon should void its multimillion-dollar defense contract with Tadiran...