Word: looser
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Strip Mining. Despite an internal mutiny, Watt closed down offices of the regulatory Office of Surface Mining, and had 93% of the OSM rules rewritten to make them looser. Critics say the effect is to permit environmental damage...
...since 1980 looser federal rules have permitted banks to pay higher interest rates, and rising costs have forced bankers to watch expenses more carefully. Building a branch bank can cost more than $1 million, compared with about $350,000 for the automated-teller centers that banks have been installing at former branch locations and in shopping malls and airports. The machines also cost less to operate, about 250 per transaction vs. 500 with a human teller...
Nonetheless, some Wall Street analysts believe that the Federal Reserve has become so concerned about the generally weak economy that it will push through a looser money policy. The Fed, which is usually expansive in an election year can be expected to reflate even more "' says Morgan Stanley & Co.'s Richard Schmaltz. Says Analyst Robert Farrell of Merrill Lynch: "For the market at this juncture, bad economic news has become good economic news...
...Keeping On. "There were two main differences between New Orleans and the rest of the country. People danced more and danced looser there. And people had a rapport with the music. They wouldn't like it if you just played one thing. You had to give them everything. It isn't that way now. I won't ever go into the French Quarter any more. You can walk to all the clubs and hear maybe two good bands. It's like all the guys that are coming up now gotta go further and further...
...orders. California's constitution had required state judges to impose busing when necessary to cure school segregation even if it resulted from housing patterns that developed without any official intent to segregate. Federal law requires proof of official intent. When they approved Proposition 1, Californians essentially embraced the looser federal standard. By an 8-to-l vote, the Justices upheld that action. Wrote Justice Lewis Powell: "It would be paradoxical to conclude that by adopting the equal-protection clause of the 14th Amendment, the voters of the state thereby had violated it." Busing...