Word: lowered
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Dates: during 1980-1989
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When Jerry Cosentino talks, Illinois banks listen. The state's new treasurer is determined to force banks to reduce their interest rates for credit cards. Charging close to 20%, he says, is nothing more than "legal loan-sharking." Last week, after the First National Bank of Chicago refused to lower its 19.8% credit-card interest rate, Cosentino indignantly yanked $220 million in state deposits out of accounts at the bank. Said he: "Illinois taxpayers will not help fund this gouging of consumers any longer...
...Grossman does not realize that what for her is a source of irritation is for the Mexican worker a means, often the only means of survival. To stay "out of sight and out of mind" in Mexico would probably mean remaining unemployed, or at best accepting work at much lower pay and under much harsher conditions for the Mexican migrant workers in California...
Contramania has shown that we should be more skeptical of a psychiatrist who never looks tired. While he may temporarily make us feel better, he may not be solving our problems. Although Ronald Reagan has attained tremendous popularity and a superficially strong economy with lower inflation, he will probably be remembered as a president who was not able to translate his popularity into successful policy. His legacy of twin tower deficits, cuts in education and detachment from policy are demonstrative of the ills which plague our country. Just because the doctor smiles does not mean the patient is healthy...
...last year for allegedly perjuring himself during testimony concerning the suspected bribery of public officials by the Flick industrial group. Things began turning around for Kohl last spring, when he was cleared of complicity in the Flick affair and the Christian Democrats won a narrow but important victory in Lower Saxony...
Despite the kudos her work has won, Fisher's subject is still considered by many people to be lower literary ground. To such a criticism she had an early answer: "There is a communion of more than our bodies when bread is broken and wine is drunk. And that is my answer when people ask me, Why do you write about hunger, and not wars or love...