Word: loaning
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...headlines. When Bill Clinton and Boris Yeltsin meet in Vancouver this weekend, the tensions between the two countries indeed will be gone. Instead of bickering over missile throw weights and Third World hot spots, Bill Clinton and Boris Yeltsin will spend most of their seven hours together poring over loan schedules, monetary policy and investment strategies as they map out a program of aid from the West for the East...
Thank you, Danny. And now Bill is very good at something else. In John McNaughton's Mad Dog and Glory, he's a loan-shark boss who shows his gratitude to a cop, Robert De Niro, by sending him a woman, Uma Thurman, for a week's pleasure. The movie is a little gimpy, and I wanted to fast-forward during the reaction shots. And you know our guy is playing the villain, because he goes to White Sox games and Bill is a famous Cubs fan. But, hey, he's molto impressive. He drops his voice half an octave...
...Clinton said he did not want to create "a national bureaucracy." He said he hoped to establish a new system of direct loans to students, eliminating $4 billion worth of administrative expenses and loan defaults and allowing borrowers to repay their debt as a percentage of their future income, rather than in fixed installments...
...medical community's response is the opposite of what it should be; health care experts treat medicine as a competitive economic market. Some financial inducements have existed since the 1970s. Common incentives include educational loan forgiveness, adjustments to the relative value of Medicare's payment schedule, and tuition assistance in exchange for service in under-served areas ("Northern Exposure's" Fleischmann takes part in such a program). Barely a stop-gap measure, this kind of solution hardly cuts to the heart of the problem...
...only are financial inducements aimed at the wrong target; they're also unsuccessful. Studies and figures demonstrate that reimbursement offers have had little effect. Tuition or loan forgiveness can save students and their families in excess of $100,000. That's a tremendous amount, to be sure, but it's less than the average annual salary for U.S. doctors. And it's far less than the average salary for most specialists...