Word: moment
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Dates: during 1980-1989
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...right-wing imperatives in mind -- one banning unpatriotic, irreligious or sexually explicit expressions on campus -- the people framing Wisconsin-type rules would revert to their libertarian pasts. In this competition to suppress, is regard for freedom of expression just a matter of whose ox is getting gored at the moment? Does the left just get nervous about the Christian cross when Klansmen burn it, while the right will react only when Madonna flirts crucifixes between her thighs...
...offered a Dallas base from which to look for a new business and think about politics. But around Thanksgiving he learned from a former partner that a group attempting to buy the Rangers probably would fail to get American League approval. Always fascinated by baseball, Bush hesitated not a moment. Well before opening day in April, he had assembled a syndicate of investors far wealthier than...
...Federal Reserve to recognize the risk that such softness ((in the economy)) conceivably could accumulate and deepen, resulting in a substantial downturn in activity." Yet the statement came from Fed Chairman Alan Greenspan, who went public with a surprisingly frank assessment last week that, at least for the moment, a recession has replaced inflation as the leading threat to the U.S. economy. In his midyear report to Congress, Greenspan confirmed that since early June, the Fed had been allowing interest rates to fall in an attempt to prevent the sluggishness from becoming too pronounced. Said he: "What we seek...
...helped in its task by falling energy costs. The Government reported last week that consumer prices last month increased at an annual rate of just 2%, the slowest pace in 16 months. While Greenspan said he sees inflation as a lingering menace, he confirmed that for the moment it has been eclipsed by a need to keep the economy afloat. As a result, interest rates on three-month Treasury bills have fallen from a high of 9.4% in late March to 7.9% last week. The clarity of the Fed's purpose has sent Wall Street on a bullish stampede...
...moment, though, U.S. exports are moving erratically. During the first four months of the year, America's overseas sales grew at a healthy 15% annual rate, but fell 0.9%, to $30.5 billion, in May. Those who predict a soft landing see the one-month reversal as only a temporary setback; others are more troubled. Says Allen Sinai, chief economist of the Boston Co. Economic Advisors: "The trade-deficit report is yet another sign of the potential for a recession sometime within the next six to nine months...