Word: fed
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Dates: during 1990-1999
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Especially if the economy starts producing too many losers. After four years of economic growth, the U.S. either is in the midst of a necessary cooling off-the "soft landing" that Fed Chairman Alan Greenspan was aiming to foster by raising the Federal Funds rate seven times since February 1994-or it's heading for something more painful. No one is certain yet which it is, but anyone disposed toward pessimism has plenty of supporting data...
...Federal Reserve survey released today suggests the economy may be slipping into a mild recession. UnderscoringChairman Alan Greenspan's unusually frank warning of a "modest, near-term recession"Tuesday night, the "Beige Book" survey of business conditions by the Fed's 12 regional banks said key segments of the economy that respond most readily to higher interest rates are slowing dramatically. According to the report,auto industry sales remain "depressed" and home-buying is slower than last year. On the upside, the survey found only mild inflationary pressures. Greenspan's comments have convinced many Fed-watchers that...
...Berlin Wall had never come down. Last week the House National Security Committee force-fed the Pentagon $553 million to start building more B-2 bombers, whose original mission was to wage nuclear war against the Soviet Union. Meanwhile, the Senate endorsed a budget blueprint, including a $1.5 billion payment on the Navy's third Seawolf attack submarine, which was created to track and destroy the Soviet navy, and is now rusting at pier side. And the Army's first rah-66 Comanche helicopter-designed to defeat Moscow's Hokum helicopter-rolled out of a Connecticut factory attended by bunting...
...problem is not in us, it's in our computers. And I am fed up. I don't want to have to deal with software conflicts and bugs and crashes anymore. I don't want to waste another second waiting at the checkout counter of the grocery store because the cash-machine network is down. I want to be online, not on line. Most of all, I want to read my E-mail without having to sacrifice a tethered goat...
Vladimir Potashov: To know what it was like to be betrayed by Ames, one has only to listen to Potashov recount his ghastly experiences. A young disarmament specialist who fed information to the CIA while working in Moscow for the prestigious Institute of U.S.A. and Canada Studies, he was arrested on July...