Word: junks
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Dates: during 1980-1989
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Some Hill leaders would like to junk the creaky and ponderous budget process and instead try to hammer out a grand compromise at a "summit" meeting between Hill leaders of both parties and the Administration. So far, however, Reagan has shown no willingness to come to the bargaining table. He seems to believe that if he stands fast, the Hill will eventually blink and adopt his budget. He figures that Congressmen will not want to go to the voters in November to explain why they raised taxes and jeopardized national security...
...Aryeh flew to Geneva to pick up his purchase. He was disappointed with its appearance and refused to pay, fearing that it was a fake. Says Aryeh: "Faberge made very few Imperial eggs, and they are all masterpieces. The one I opened in Switzerland was junk." Christie's officials insisted the egg was genuine. After months of haggling, Christie's sued Aryeh. Finally, the auction house produced a letter from British Art Expert A. Kenneth Snowman, the world's leading authority on Faberge, who declared the egg "undoubtedly" an Imperial Faberge. Aryeh paid the $250,000, plus...
...want to do any of this junk," he mutters. "There must be something where I can do all of this stuff at once..." His voice trails off and he quickly writes a new option, "desert war in Libya." He scribbles, "PSYCHE" across his notepad and returns to studying and life with renewed vigor...
...perhaps the most dangerous side of the recent rush to consolidate. Federal Reserve Chairman Paul Volcker has warned that the borrowing is not "compatible over time with economic and financial stability." Warren Buffett, an investor with large holdings in Capital Cities and other firms, is blunt: "One day junk bonds will live up to their name." Many economists and businessmen believe that the U.S. cannot have a strong economy if it is based on companies burdened by too much debt...
...A.M.A. would have a hard time persuading the court that a total ban on advertising was necessary to achieve the goal of reduced smoking. Some also point out that any legal theory upholding a cigarette-ad ban could apply to a host of "dangerous" products -- from alcohol to junk food -- raising the problem of where to draw the line...