Word: levers
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Dates: during 1990-1999
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...meeting with finance ministers and central-bank governors. "This is not ivory-tower analysis," says Shailendra Anjaria, director of the external-relations department at the IMF. "This is get-your-feet-wet, on-the-scene inspection." Because the IMF releases its funds in periodic amounts, it has a lever to keep countries in line. Says Deputy Treasury Secretary Lawrence Summers: "It's very important that we put out fires without giving people an incentive to leave matches around the next time...
...Country Campbell flatbed built in 1889. My usual chores were sweeping up and cleaning the job presses while Jake, the publisher, made up the front page. By 7 p.m. we lugged the forms to the bed of the press and ran a proof. Then we pulled the lever and started the first of 1,000 sheets of newsprint into the guides. In 1990 I returned to Dinuba. The paper had long since stopped publishing, and the Country Campbell was gone, just so much scrap iron. But my fond memories live on. Sleep well, old friend, you've earned it. DICK...
...bathrooms are different, too. To flush the toilet, you pull a cord or lever overhead. When you turn on the hot water, a flame shoots up in a burner placed above the bathtub. There are only handheld showers. And often, the toilet is in a separate room from the rest of the customary bathroom facilities...
...bizarre thoughts of schizophrenia. A breakthrough in addiction research came in 1975, when psychologists Roy Wise and Robert Yokel at Concordia University in Montreal reported on the remarkable behavior of some drug-addicted rats. One day the animals were placidly dispensing cocaine and amphetamines to themselves by pressing a lever attached to their cages. The next they were angrily banging at the lever like someone trying to summon a stalled elevator. The reason? The scientists had injected the rats with a drug that blocked the action of dopamine...
...remember, but don't feel bad because nobody was listening then when Greenspan expressed similar concerns and, surprise, jacked interest rates higher. The market tanked, pronto. Greenspan doesn't control the markets, for sure. But his is the hand closest to the interest-rate lever, which gives him an awful lot of influence. "He took the gun out and laid it on the table," says John Manley, an analyst at Smith Barney. "He must think we're thick as bricks...