Word: money
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Dates: during 1980-1989
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Hazelwood is a free man today, at least until his trial, now scheduled to begin in October. He spends much of his time lobster fishing in Huntington Bay with a friend in order to earn money. The work is filthy, but it helps keep Hazelwood's mind off his new role as America's Environmental Enemy No. 1. It will probably be 1990 before Exxon and the National Transportation Safety Board release their reports on the Valdez spill. Meanwhile, late-night comics continue to rip into the skipper, and several songs about a drunken Hazelwood play on Alaskan radio stations...
...Poland and Hungary entrenched themselves by using foreign loans to subsidize cheap consumer goods rather than upgrade industries. "The last thing the West should do is to forgive us our debts," says a senior Hungarian diplomat. "It would just relieve the pressure for reforms, so it would be money down the drain again...
Still, some analysts saw the meager sums as a symbol of the relative decline of America's economic clout. A top Administration official traveling with Bush conceded, "Sure, we could do a lot more to encourage economic reform in Eastern Europe. But we don't have the money. We are broke." Says Michael Mandelbaum, a Soviet scholar at the Council on Foreign Relations: "The foreign policy fruits of Reaganomics are that we are the world's largest debtor nation and have a budget deficit that constrains what we can spend...
What is atop the summit if Foreman manages to conquer it again? Money? "A lot of it," Foreman acknowledges. Not for lavish houses in California, or Mercedes and Corvettes. Foreman has had those. "For the kids," he explains. "I want to give them the same shot I had." The ninth-grade dropout got his rebirth in the Job Corps. Since 1984, he's dispensed his own good deeds at the George Foreman Youth and Community Center on Houston's north side. The small gym with its boxing ring and exercise gear is an after-school haven for 400 youths, some...
Here too is where it fails miserably. Welfare amounts to free money, a completely un-American free lunch. When the money is gone, nothing has changed. Welfare does not require its recipients to go to school or acquire job training. Nor does it provide incentives for limiting the size of aid-dependant families. Welfare's structure, in fact, encourages people who cannot feed their current family to add more aiddependant children to the public dole...