Word: droughts
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These developments have persuaded many Wall Street analysts and investors that battered defense stocks may finally be on their way back up. "The defense-budget drought is over," says Bob Gabele, president of CDA/Investnet in Rockville, Md., which monitors trading by corporate executives in their companies' stocks. Citing such firms as Boeing, Loral and United Technologies, Gabele says, "In 20 years, I've never seen such a concentration of insider buying in defense stocks...
Undoubtedly, it is the team's offensive futility that has caused the poor start. Harvard didn't score its first goals until the third game of the season, when sophomore midfielder Ryan Kelly found the net against Columbia. As a result of the scoring drought, Harvard Coach Steve Locker has inserted some new wrinkles into the team's offensive scheme in preparation for the Yale game...
...Congress, observed that "we have spent so many months trying to eke out details of the President's relationship with Monica, and now, finally, the fire hose is open." Jay Branegan, who has been covering the White House since last November, described last Friday as "the day the information drought suddenly ended. After months of saying virtually nothing, the President's lawyer, David Kendall, held a full-blown press conference, taking questions and giving full answers to them...
...news during the cold war. Any trouble in the Evil Empire was good news for us. If there was a thorn in the side of the Kremlin, we were on the side of the thorn in the side. While the cold war was going on, we actually rooted for droughts, so long as they were behind the Iron Curtain. A drought causes food shortages that could divert military spending or even destabilize the government. I personally drew the line at floods and pestilence, but, then, the people known as hard-liners during the cold war always suspected me of being...
...truly responsible citizen, I'd also be worried about the Ukrainian groundhog and the Azerbaijani chipmunk or whatever those currencies are called. Now that the cold war is over, we not only have all of our worries, we also have all of what used to be their worries. Their drought is now our drought, and no longer something to cheer about...