Word: form
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Dates: during 1980-1989
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Proposition 2--in some form--is one such refinement that merits additional investigation. Now, families who rent out their houses while they go abroad have a hard time reclaiming them when they return--because the rent is controlled. Proposition 2 solves the problem by exempting private home rentals from rent control altogether, but a more equitable arrangement could allow greater flexibility for families who wish to reclaim their homes...
There is nothing magical or unique about capital gains. A special break for this particular form of investment profit distorts the free market in two ways. First, it prejudices the economy in favor of certain kinds of investment. Those who say we need to encourage entrepreneurs or long-term investors with this break (which actually would reserve few of its benefits for those charmed circles) are saying the Government can outguess the market about which investments will pay off. If a risky or long-term investment makes more sense than keeping money in a savings account, the market will reward...
Crack, a smokable form of cocaine, is a drug that might have been designed for use on the job. It is easy to conceal, since it burns with virtually no odor, and the gratification is swift: an intense, almost sexual euphoria that lasts only about five minutes and is not accompanied by such telltale side effects as alcohol's slurred speech and heroin's drowsiness...
...kinds of rip-offs. Street crack is contaminated with an astonishing variety of chemicals, from amphetamines and meat tenderizers to pesticides. To make sure they are not being poisoned, some users are going back to a process popular years ago. They buy cocaine and convert it into a purer form of crack at home. This dangerous process, called free-basing, involves combining cocaine with baking soda and cooking the mixture. The latest trend among well- to-do users is to prepare their free base in microwave ovens...
With Jim Reidy, Mark Bianchi and Kevin Collins healthy again, quarterback Tim Perry should be able to return to his passing form of the Holy Cross, Army and Lehigh games, in which he tossed for all seven of his 1989 touchdown passes. Reidy leads the team in rushing with 270 yards and Bianchi and Collins have pulled in 24 and 13 passes, respectively...