Word: drains
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Dates: during 1970-1979
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...Congress agrees-a big if-the subsidy plan could mean a $4.5 billion increase in S and L mortgage lending over several years, because each $1 of subsidy would generate as much as $10 or $15 in loans to home buyers. In a companion move to stanch the deposit drain, the Government raised the minimum denomination of Treasury bills from $1,000 to $10,000. Depositors have been shifting their savings from S and Ls and banks into the higher-yielding Treasury securities...
...foreign currency. Underlying all this activity is Israel's worried awareness that the Arabs' political influence in the West is based largely on oil. "With a major oil facility," says one Israeli pipeline executive, "the Western powers will think twice before they let Israel go down the drain...
...Freshman Council is considering several substitutes for Jubilee. One possibility is a picnic at Warren Island in Boston Harbor-a traditional part of past Jubilee weekends. The council also will not hire a big-name band-a major financial drain in the past...
Drinking and Drifting. Alcohol's drain on productivity has become especially dismaying to the party hierarchy-because of growing signs of sluggishness in the Soviet economy. Thus, while past antidrinking crusades have suffered from complacency and lack of enforcement, this time officials really seem to mean business. Last week the Soviet Trade Union Council ordered a crackdown on workers who "drink, loaf or drift." The council recommended that recalcitrant members be expelled and thereby deprived of sick leave and pension benefits...
Lapidary Density. Drop by drop, like blood from a carcass, the repetitions drain meanings from the emotions. Then, on the left, the lover holds his dying girl, but "I don't hear you," she whispers, "I don't feel you. I am"-her last words-"all alone." To the right, in speech and action interwoven with the mirror scene, the terrified woman is almost out the door as her man lies dying. But then-"I know you are here," he says, "I hear you. I feel you close. I am not alone." The scene is a bravura display...