Word: nationalizing
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Dates: during 1990-1999
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...Pays" was never more true than Wednesday, when the nation's second-largest life insurer agreed to pay a megamillion-dollar settlement of lawsuits accusing the company of deceptive sales practices. Pending a federal judge's approval, Metropolitan Life says it will distribute $1.7 billion to some 7 million people who bought insurance and annuities between 1982 and 1997. This agreement will take care of a collection of class-action suits brought by the feds and private citizens, and is the latest in a long line of settlements by large insurers over questionable sales tactics. Example: "churning," in which...
...That would require the acquiescence of the three-judge panel that appointed Starr five years ago, when the nation was young and innocent; luckily for him, they seem to be amenable. The panel filed a 2-to-1 majority decision to keep the investigation going, in light of Starr's assurances that his office's work continues, and that it had been "unusually productive," yielding 24 indictments, 16 convictions and the impeachment of Clinton. If Starr gets his successor, the job may not last long anyway ? a Starr spokesman confirmed that the team has already begun writing their ominous...
...small government. Politically, compassionate conservatives try to have it both ways: they're reducing the burden of government (unlike liberals), and they're addressing society's problems (unlike traditional conservatives). It's certainly wonderful to be told, as a voter, that you can show your concern about the nation's have-nots, about the nation's moral values and so on by accepting a tax cut. But government-by-tax-credit is still government. It's "letting people keep more of their own hard-earned money," as the pols like to say, but only if they do what the government...
According to a TIME/CNN poll [NATION, July 26], 85% of Americans would like the government to mandate the right of patients to select their doctor. Will Congress give parents the right to choose their child's teacher? ALAN BONSTEEL, M.D. San Francisco
...that any Chinese military action against Taiwan would bring retaliation from the U.S., following reports that Beijing had warned Washington that China might "punish" Taiwan over its leader?s demand for an end to the "One China" policy, which maintains that democratic Taiwan and the communist mainland are one nation that will eventually be reunified. "The U.S. is being very careful not to repeat the mistake that preceded the 1991 Gulf War, when Washington failed to make clear to Saddam Hussein that it would not tolerate Iraq's invading Kuwait," says TIME U.N. correspondent William Dowell. "This time they want...