Word: factly
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Dates: during 1980-1989
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CRISTABEL (PBS, debuting Feb. 19, 9 p.m. on most stations). Acclaimed TV dramatist Dennis Potter (The Singing Detective) shifts from fantasy to fact in this four-parter about an Englishwoman who spent World War II as a citizen of Nazi Germany...
Those seizures underscore a little noted but crucial fact of life in the $130 billion cocaine business: the drug trade is a two-way street. The cocaine flows from mostly Third World producers to the U.S. and other industrialized nations, but the chemicals and other materials needed to turn coca leaves into cocaine flow from the industrialized nations to the Third World. By participating in this Faustian technology transfer, the drug-consumer nations are, in effect, providing vital raw ingredients for the scourge that bedevils them and that they often blame exclusively on coke-producing countries. "Look at all this...
This prospect is not so dismal as it sounds. If protected well, the remaining quarter-million elephants would be a large enough population to thrive and multiply again. In fact, David Western, director of WCI, asserts that if allowed to grow old and die naturally, the elephants in these herds could probably supply enough tusks to support an ivory market larger than today's illegal business...
...widespread early complaint was that Administration officials, notably Budget Director Richard Darman, were using sleight of hand to downplay the bailout's true cost. Darman originally seemed to say that the cost to taxpayers would total about $40 billion in the first decade, but that number in fact described only how much the plan would aggravate budget deficits. The actual spending from general revenues would be closer to $60 billion. But purely from an accounting standpoint, its impact will be offset by $20 billion in increased insurance-premium fees to be collected from the banking industry -- even though the funds...
...primary objective of such a sweeping rescue was to restore the confidence of thrift depositors, some of whom have withdrawn their savings in fear of the system's insolvency. In fact, the Administration secretly feared a long-shot possibility that the drama of its bailout might spark a run on S & L deposits. To prepare for that dire prospect, senior White House officials and Federal Reserve Board Chairman Alan Greenspan met in the Roosevelt Room of the White House the night before Bush's plan was made public. Greenspan agreed that the Fed would stand ready to pump billions...