Word: moneyed
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Dates: during 1980-1989
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Fueling the racist rhetoric is the fact that Vancouver's prosperity has been boosted by the heightened inflow of immigrants and money from Hong Kong. Encouraged by Canada's relatively liberal immigration policies, more and more Hong Kong Chinese are arriving in Vancouver to put down roots before 1997, when the British colony reverts to Chinese sovereignty. That does not please some of greater Vancouver's 1.4 million residents, who see the influx -- 5,000 Hong Kong immigrants came to the region last year -- as a threat to their life-style. Critics grouse about an "Asian invasion" that has sent...
...successful. In Poland the economic program of Solidarity runs directly counter to any efforts at reform. It demands higher wages, stable prices and job security. In China efforts to decentralize decision making have resulted in economic anarchy as local authorities assumed the power to tax or even create money that citizens had earlier unquestioningly granted to the Emperor or Mao. And in all three countries housewives, unable to make the connection between higher prices and availability, complain about paying several times the old official prices for food that was never available at the government-set level...
Dante's swingers spend eternity in pitch darkness and buffeting winds. The consequences of 19-year-old Andy's passions are more prosaic. Having got his girlfriend pregnant, he is forced to borrow abortion money from a 50-year-old matron who has been trying to seduce him. Keeping one woman from knowing about the other foreshadows a more elaborate predicament in Parent's early middle...
...interest rates for more than a year in hopes of keeping inflation in check. Since May 1988, the prime rate that banks charge major corporate customers has climbed from 8.5% to 11.5% and fixed rates on home mortgages have risen from about 10% to 11.5%. Yet while the tight money has clobbered housing and other big-ticket items, inflation poses a serious threat. If Greenspan vigorously pushes interest rates higher to combat that threat, he risks a recession; if he tries to ease up just enough to permit the economy to make a soft landing, he risks letting inflation...
Only a year ago, Caperton, an insurance executive and political novice, was known to a scant 3% of West Virginia's voters. Flanked by his wife Dee, Caperton lit out for the hollows in a van, spent $3.2 million of his own money and ran away with last November's election, upsetting powerful three-term Republican incumbent Arch Moore...