Word: float
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Dates: during 2000-2009
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...surpluses, during a time of buoyant revenues, Costello could have retired more debt and spent more on public investment that will sustain future growth - in infrastructure and human capital. Indeed, these surpluses have been slight exercises in prudence in an era of prosperity. Asset sales, such as the partial float of Telstra, have helped create the illusion of fiscal frugality. Other than two hard years of spending cuts to rein in Labor's excesses, Canberra has barely been squeezed. Compared with the hard, lean predators who dominated the Expenditure Review Committee in the Hawke-Keating years (1983-96), the incumbents...
Laverne used to drink milk and Pepsi. I tried it once and it was pretty darn gross. No, it's not! Ever have a Coke float...
...Parmalat bonds. But Bondi needs Parmalat's big creditors - of whom the banks are the biggest - to approve his restructuring plan by the end of this year. Critically, that involves persuading them to convert their debts into equity in the slimmed-down postbankruptcy Parmalat, which Bondi hopes to float on the stock market as early as next year. And right now, the banks don't sound too happy with Bondi. UBS says it believes its transaction was "entirely valid" and that it will vigorously fight the case. Citigroup says that "Mr. Bondi's hostility toward the banks is a cynical...
...main DJ stand last year was behind a Model T constructed entirely of CDs. Boats shaped like dragons, with snouts that spout fire, float across the lake. Fire twirlers on stilts meander around with no evident purpose...
...being done out here. "Some pastors preach fire and brimstone," says Laverton's newly inducted pastor Rhys Winter, "but Pastor Peter is more a teacher than a preacher." In the process, Marumba says he wants to give birth to a new kind of Christian worker - "a person that can float above all the issues." Laverton's Wongatha Wonganarra Aboriginal community is luckier than some - it's dry. The first indigenous community in W.A. to enact plain-English by-laws to help its members stay out of trouble, it's a relatively peaceful and orderly town, with simple modern architecture...