Word: lostness
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Dates: during 1980-1989
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This year's squad lost former Captain Katie Toner to graduation. The question remains whether the loss will affect the squad...
...deduction for contributions to Individual Retirement Accounts. This would provide tax benefits mostly to the middle class while simultaneously creating a pool of investment funds, a goal of the capital- gains reduction. Before IRA deductions were restricted in 1986, however, they cost the Treasury $16 billion a year in lost taxes. Bentsen's proposal is unlikely to stop the stampede to cut capital gains, and it could become the next giveaway that Congress and the President will seize upon. But the prospect of a huge loss in revenue at a time of record deficits will probably prove unacceptable...
...himself from the Gobies of the world who don't abide by the tacit social contract among former spouses and lovers not to talk because they know so much. When that pact is broken, the results can be devastating. Massachusetts Republican Edward Brooke, an able Senator for two terms, lost his seat to challenger Paul Tsongas amid divorce proceedings in 1978, damaged by press reports that focused on the breakup of his marriage...
...explanation for the casinos' failure to live up to their civic responsibilities is that only five out of twelve posted a profit last year. Overall, the casinos earned just $14.7 million after expenses in 1988, a meager return on the $2.73 billion that gamblers lost in the slot machines and at the tables, according to Marvin Roffman, a casino analyst with Philadelphia's Janney Montgomery Scott. The reason is the debt the casinos have taken on in the past three years, much of it through junk bonds, either to fight off takeovers or engineer them. Atlantic City's casinos have...
...spell is sustained by the tacit bargain between casinos and gamblers -- limitless consolation in the form of drinks and obsequiousness for money lost. "You don't see Rockefellers gambling down here," says Brown. "They have to feel like a big shot. When they walk in, we know their name, and that's the biggest thing we do for them." For most players, however, gambling is simply a thrilling adventure on the edge of willpower -- risk taking at its safest, with fantasy and freebies thrown in. "Atlantic City is a better break than Wall Street, and you can put the money...