Word: honored
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Dates: during 1980-1989
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...bull market has a father and protector, the honor can be claimed by Federal Reserve Chairman Paul Volcker. When the Dow hit a trough of 776.92 in August 1982 and the economy seemed hopelessly trapped in a recession, Volcker and his colleagues at the Fed were convinced that interest rates had to come down. No sooner had they loosened monetary policy than investors came storming back into the market. And as interest rates kept falling, the bulls kept buying. By November 1983 the Dow had reached a high of 1287.20. For the next year, the index more or less stagnated...
...that is the case, it was a glorious three-week stay at number one for the first Harvard team ever to achieve that honor. The WMEB/CHSB poll looked so perfect: Harvard (15-0), with 15 of 15 possible first-place votes...
CERTAINLY, we honor Martin Luther King for concrete reasons. Although many individuals were responsible for the great victories of the 1960s, it was King to whom the nation looked during the successful reformist phase of the movement. The Montgomery Bus Boycott, the Birmingham Protest, the 1964 Civil Rights Act, and the Voting Rights Act of 1965 were all major accomplishments for King, as he coordinated the downfall of Jim Crow segregation...
Depending on how far they live from Boston, lawmakers receive $5 to $45 for daily travel to the State House in addition to their base salary of $30,000 a year and a $2400 general expense account. Reimbursement for commuting is based on the honor system...
...Department of Energy would pick one gigantic burial site in the West (where there is more empty space) and one in the East (where most of the waste is produced). When DOE announced its favorite sites last spring, there was a great uproar from every area chosen for the honor; DOE then placated the East (and enraged the West) by announcing that one Western site holding 70,000 tons would be all it needed for the time being...