Word: funnel
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Dates: during 2000-2009
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...viability of the corporate credit union model as it currently exists, the NCUA is banking on retail credit unions having a short-term interest in preserving the system through such a trying time. The way the liquidity injection is structured, it is up to the retail credit unions to funnel money into the corporates. In explaining the program, NCUA chairman Michael Fryzel has been quick to point out that retail credit unions have a "vested interest" in their corporate brethren. Let's hope they do, to the tune of billions of dollars...
When a state lives with a story line of decline for so long, it doesn't just affect the mood. It becomes part of the culture. Whereas America's history has been one of expanding horizons, yours has become funnel-shaped. Much like the postbellum South, Rust Belt culture looks backward at an idealized past--a nostalgia not for plantations but for three-bedroom houses paid up on blue collar salaries. (See pictures of the remains of Detroit...
...beneficiary of Lima's resurgent interest in bullfighting is Gladys Vilca, operator of an open-air food stall in the passageway that circles the ring for the past 14 seasons. Vilca offers cow heart kebabs, known locally as anticuchos, and picarones, a kind of pumpkin funnel cake. The line in front of her fryers remains long after the matadors have left and the aficionados linger to discuss the events...
...universal health coverage into a hurried-up economic-stimulus plan, transition aides say he will direct billions toward the health-care sector immediately. Some will go to a massive tech upgrade for an industry that in many ways is still paper-based. More urgent is the need to funnel cash directly from Washington to states so that local legislators don't rush to cut spending on Medicaid as state tax receipts dry up in the recession. "Absent some relief there, you'll get Medicaid budgets slashed," says a senior Democratic aide familiar with the plans...
...financial crisis and looming global recession that will inevitably impose a far greater austerity on Washington. America's military deployments in Iraq and Afghanistan are expected to cost close to $200 billion for 2008 alone, and maintaining that commitment will become considerably more burdensome as Washington is forced to funnel many hundreds of billions of dollars into simply averting financial collapse. The looming global economic recession will further slash tax revenues available to the U.S. government...