Word: ironclads
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...past, the institution has had an ironclad rule against rescheduling loans and an equally tough stricture against lending out more funds at any time than its entire capital plus reserves. By contrast, most commercial banks lend up to 17 times their capitalization. As a consequence of its conservative policies, the World Bank enjoys a triple-A credit rating. Says Treasurer Eugene Rotberg: "We are one of the rare institutions in Washington that have to meet a market test...
...psychiatrists may be onto a social and scientific problem of some importance, but the conclusions they seek to make far outstrip the research thus far. Further, their insights into the psychological impact of the arms race are being somewhat obscured by the researchers' politics and their tendency to make ironclad moral judgments about the issue...
...never made an ironclad guarantee of no new taxes." Richardson told a statewide audience in the hour-long debate. "The arithmetic may force us to raise taxes...
...pushing for three major planks: a return to the gold standard (tying the value of the dollar directly to the price of gold, a move that, they contend, would lower interest rates and help bring down deficits); an end to the independence of the Federal Reserve; and an ironclad pledge against tax hikes. Meanwhile, the so-called Mainstream Republican Committee, a band of moderate-to-liberal House members led by Iowa's Jim Leach, has been tugging in the opposite direction: they are pro-choice on abortion and flexible on the question of tax increases...
...Pancoast's attorneys from turning the defendant's murder trial into an expose of the relationship between Vicki Morgan and Alfred Bloomingdale. There is no evidence of a conspiracy behind Morgan's sad, shabby death. But the prosecution's case against Pancoast is far from ironclad. Beyond his now repudiated confession, there is no hard evidence. A strong motive has not been established, and the investigation of the case was strikingly inept. The police neglected to seal off the scene of the crime and did not recover any fingerprints from the bloodied baseball...