Word: hedgers
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...Since an oil supplier has more freedom than an oil hedger - after all, a supplier sits on oil with no rush to sell it, as a hedger attempts to curb real risk - a supplier can squeeze prices higher by refusing to sell on the futures market. The supplier would sell oil just through private deals, whose prices are determined by the futures market - and not the other way around. This catch-22 represents the systemic flaw in the global oil market...
This is not to say that Gore is the only hedger in the race. Bush fudges whether he intends to make abortion illegal, as the Republican platform he embraced would do. His insistence that being a Bush closed as many doors as it opened is a Clintonian fable. Bradley's signature flip-flop is on ethanol, which he once damned as a ludicrous subsidy; but as a presidential candidate he embraced it after saying a bit disingenuously that Iowans had helped change his mind. Bradley didn't reveal his heart ailment until it forced him to the hospital...
...attempting reforms that pale beside those being tried today but were radical for their time, made powerful enemies within the collective Soviet leadership. Sergei's tale is also a parable of treachery. Even Anastas Mikoyan, then Soviet President and a putative Khrushchev ally, comes off as a bet hedger who bows to pressure from a web of plotters that includes Presidium ((now called Politburo)) members Leonid Brezhnev, Nikolai Podgorny and Mikhail Suslov, Deputy Premier Alexander Shelepin and KGB chief Vladimir Semichastny...
...impossible to tell if there is a parallel increase in conscientious objection at Harvard because there are no statistics. But Stephen Hedger, a staff worker at the American Friends Service Committee Draft Information Service in the Square, said that five to ten Harvard students a week contact the AFSC for information on conscientious objection. He estimated that about a third of those go on to file a CO form, but other observers believe the number is considerably less...
According to Stephen Hedger of the AFSC, nearly all CO claims, even unorthodox ones, are being won somewhere in the appeal process or in the courts. Nevertheless, there are about 40 CO's now imprisoned because their claims for I-O status were turned down. Others pay for their conscientious objection in different ways. For example, one Harvard CO who had been planning a career in the foreign service was advised by the CCCO that he would have small chance for advancement...