Word: hocked
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...Gulf War, however, is not one of those situations. In a war of so little consequence that we haven't even put our economy on a war footing, there is no absolutely no reason to put our democracy in hock Conservative opposition to debate and dissent is not motivated by military necessity, but by the most venal sort of political opportunism. The insinuation that opponents of war somehow love their country less is one of the basest--and one of the most effective--smears in all of politics...
Tomorrow: You graduate from Harvard. You're in the hock more than $10,000 in student loans. You take that high-paying job "for just a couple of years, until I can get myself out of debt and save some money." You aren't really that excited about bond trading, investment banking, corporate law, consulting or whatever. But then again, who is? Besides, the money is good. Damn good...
Everyone knows how bad the U.S. budget deficit is. How it rolls like a tidal wave of red ink over the Administration and Congress, undermining the dollar, pushing up interest rates, shaking the international monetary system and threatening to put future generations of Americans in hock to foreigners forever. How, whenever moneymen gather, finance ministers moan, central bankers chide, and all stare in horrified fascination. How could America get itself into such a mess...
When an ordinary company takes on a load of debt, the people who have the most to fear are employees and investors. But when an airline goes heavily into hock, the worriers are joined by another group: customers. If an airline is bogged down by debt, they wonder, would the carrier be tempted to save money by lowering its standards on maintenance and other safety measures? Everyone from passengers to politicians has begun to debate that question as billion-dollar takeover wars sweep the U.S. airline industry. Says Jerome Lederer, founder of the Virginia-based Flight Safety Foundation, an aviation...
...Never in my worst dreams did I think such a thing could happen," said Raymond Ng, 21, a movie-studio technician. "Blood has flowed like a river. A catastrophe has befallen my country." So Hock, 42, a textile-factory worker explained his shock and outrage: "They sent the troops out to kill these young people, people the army is supposed to protect. They are worse than beasts." At a rally last Sunday at the Happy Valley racetrack, Legislative Council member Martin Lee told a crowd, "I believe it ((the crackdown)) is the work of very old men who cling...