Word: multibillions
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Dates: during 1980-1989
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...could be the most momentous national-security decision that George Bush ever makes. In early April the President must choose a multibillion-dollar plan for modernizing the nation's land-based intercontinental ballistic missiles. Though dozens of basing modes and several new missiles have been considered, only two expensive mobile missile systems are really in the running: the rail-carried, multiwarhead MX and the truck-transported, single- warhead Midgetman. Bush's wisest course might be to deploy neither...
...maverick chairman, Charles Knapp, furiously pumped up the company's growth with brokered deposits and high-risk loans. When the thrift suffered a run on deposits in 1984, the Federal Home Loan Bank Board seized American and installed fresh management. But the new team gambled and failed in a multibillion-dollar investment in mortgage-backed securities. When the Bank Board went looking for help again, it eventually decided to grant exclusive bargaining rights to the Robert M. Bass Group, which had already taken over such properties as the Westin hotel chain and Bell & Howell...
First, there is the cult of the body, whose origins extend to the physical fitness craze of the last decade, but since then it has hypertrophied into a multibillion-dollar industry of fad diets and workouts, swank running shoes and high-tech exercise equipment. Who has not known someone whose motto is "no pain, no gain" or someone who scrutinizes their muscles for their tone...
Specifically, he said, Mitchell could beexpected to press for action on acid rain,affordable housing and other issues of concern tothe region. Carpman also said Mitchell appreciatedthe significance of the multibillion-dollarCentral Artery and Harbor Tunnel project...
...rich, it must slash into defense (where Bush has vowed to pursue plans for new carrier battle groups and nuclear missiles) and into middle-class entitlement programs like Social Security and farm subsidies (which Bush has promised to protect). As President, Bush will also face urgent new multibillion-dollar spending requirements to salvage the bankrupt savings and loan industry and rebuild the nation's defective nuclear-fuels plants. As a practical matter, his "kinder, gentler" promises for better funding of child care, national parks and college-tuition programs may have to wait...