Word: loaned
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Dates: during 1990-1999
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...building accelerates, the U.S. girds for a showdown over loan guarantees...
Shamir can ill afford to do without the loan guarantees. About 400,000 Soviet Jewish immigrants have arrived since 1989, and an additional million are expected in the next five years, swelling the population by more than 20% and costing the government an estimated $26.5 billion. Israel's Finance Ministry predicts that U.S. failure to deliver on the guarantees would drive up unemployment from 11% to 16.2%. Ideologue though Shamir may be, he is a pragmatist who knows when he must deal. Says his spokesman Ehud Gol: "We are asking, after all, and they are giving...
While politicians search their souls about the loan guarantees, Palestinian and Israeli hard-liners, ever eager to sabotage the peace process, press their opposing claims to the territories. Palestinians, who regard the sudden flowering of new settlements as a direct provocation, are meeting it with increased calls to armed action. Attacks on Israeli targets using firearms or explosives have risen from 179 in 1988, the first full year of the intifadeh...
...violence would have provoked frustration, even despair, among would-be American peace brokers. But Bush has staked a large measure of his political prestige on the continued progress of Middle East peace. To keep the parties talking, he must find a way around the contentious issue of the loan guarantees -- and ultimately, the settlements themselves...
...other half of citizenship: attachment to duties and obligations. We are seeing a public recoil from formal politics, from the active, reasoned exercise of citizenship. It comes because we don't trust anyone. It is part of the cafard the '80s induced: Wall Street robbery, the savings and loan scandal, the wholesale plunder of the economy, an orgy released by Reaganomics that went on for years with hardly a peep from Congress -- events whose numbers were so huge as to be beyond the comprehension of most people...