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...most plausible explanation for this happy outcome is that Japan was willing to recycle into Treasuries the dollars it earned selling us cars, TVs and stereos. That demand for U.S. debt kept interest rates low. By the early 1990s, though, the national debt - the accumulated product of those years of deficits - approached 50% of GDP, and bond investors abroad and at home seemed to shy away from Treasuries, driving interest rates up. Also, billionaire Ross Perot spent a good part of his fortune making deficits into a political issue. In response, Washington focused for a few years on getting...
...sounded. I scrapped it and wrote one about how impotent my Twitter power was, since I could get only four of my 700,000 followers to spread false rumors about CNN's Rick Sanchez. I went through five different first sentences, finally choosing one just because my editor kept e-mailing me that I was past my deadline...
...Santa Ana winds blow over the San Gabriel Mountains. But this inferno needed no wind--the Station fire in Angeles National Forest burned more than 100,000 acres (40,500 hectares), threatened thousands of homes and killed two firefighters in the dry heat of late summer. The stillness kept the flames from spreading quickly--a climatologist called it the "Jabba the Hutt fire," big and slow--but left the smoke to choke Los Angeles. By Sept. 2 firefighters had begun to bring the blaze under control, aided by cooler and more humid air, but they know the year is likely...
...Crimson registered a .212 attack, compared to the Gamecocks’ .247 On defense, Harvard put forth a season-high nine blocks, relative to five from its opponent.Durwood dished out 37 assists and three kills, and sophomore libero Christine Wu made 26 digs. RICE 3, HARVARD 0The Crimson kept pace with the Owls (8-3) early on in the match and had the potential to take the first set with the score tied at 21. A pair of kills gave the Owls the lead, and although sophomore Anne Carroll Ingersoll responded with an attack of her own, Rice would...
...every practice and it’s finally coming together,” Bannon said. “We’re beginning to gel…and it’s paying off. We’re getting a lot of shots on goal.”Harvard kept the game confined to the Bryant circle for much of the first half, but the Bulldogs managed to pull even on an unassisted goal from Elise Boissoneau. The forward received a well-timed pass from Alexandra Czerniak and fired a shot past Crimson freshman goalie Cynthia Tassopoulos. Boissoneau?...