Word: ink
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...Yard. A student was suspended for nine months after he dropped a large cannon ball, with an insulting note to his tutor attached, from the fourth floor of Stoughton. In early November, a tutor, attempting to calm the excitement of the vandals, was greeted by a bucket of ink and water dropped over his head. One night later, a large group of students "met at the 'sign of the golden eagle' on the common at midnight, formed themselves into separate parties, armed themselves with clubs and stones and broke [two tutors'] windows, and then the windows of the president...
...that the Administration's deficit spree might induce such tight money that it would abort any recovery. Heller wants to shrink the deficit mainly by raising taxes in 1983, a step that could batter the economy even lower. Some conservative economists predict that the result of the red ink will be higher interest rates. Says Burton Malkiel, an adviser to Gerald Ford and now dean of the Yale School of Organization and Management: "You have a $100 billion deficit running smack against a tight rein that the Federal Reserve has held on the money supply. That will push...
...badly underestimated. Jimmy Carter originally predicted that the 1981 deficit would be $15.8 billion. It was actually $57.9 billion. Thus, if past performance is any guide, the Reagan estimates are probably too low. Many experts are already saying that the Administration's outlook for $98.6 billion in red ink during 1982 is too optimistic. Alice Rivlin, director of the Congressional Budget Office, predicted last week that the figure is more likely to be $109 billion...
...Stockman attempted to wave away the disruptive threat of projected Administration deficits by arguing that they will constitute a smaller proportion of a larger economy than before. The claim is a very weak reed to lean on. During Jimmy Carter's peak deficit year of 1980, the red ink reached $59.5 billion, or 2.3% of the nation's $2.6 trillion gross national product. By contrast, the CBO's projected Reagan deficit of $109 billion for fiscal 1982 will be at least 3.6% of the G.N.P., or within .3 of a percentage point of the previous biggest deficit...
...distinguished him from other mystagogic nuts, however, was his talent as an artist. On the evidence of this show, he was far and away the most gifted painter of his generation in prewar Munich. Even his student drawings of the nude have a wiry and controlled strength in their ink-brushed line. Others might, and did, imitate Monet, or Beardsley, or Seurat, or the bright, flat patterns of "primitive" Austrian folk art; only Kandinsky could bring such diverse strands successfully together in the mysterious speckling and blooming of color over flat decorative shapes that lit up a painting like Riding...