Word: optioning
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Dates: during 1980-1989
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Pushing the relatively weak Russian economy to keep up with the American arms buildup (redoubled in the '80s) and underwrite expansionism has led the Soviet Union into dire straits and the desire to lower the level of the arms race--an option made possible since U.S. policy is committed to the "containment" and not the "rollback" of Communism...
...critical question thus becomes which of the missiles to buy. The ten- warhead MX, which Reagan dubbed the Peacekeeper, is a proven, highly accurate ICBM. In one option, the 50 MX's already deployed in ICBM silos would be supplemented by another 50 "garrisoned" on special railroad cars stationed on military bases. If a U.S.-Soviet confrontation loomed, the missiles would be moved out on 180,000 miles of railway across the nation. The main advantage of this scheme is its relatively low price tag: an estimated $12 billion for 50 missiles carrying 500 warheads. A somewhat cheaper option...
...same, nearly always fatal hereditary disorder, called bare lymphocyte syndrome. They could have aborted the child or allowed doctors to try the same kind of white-blood-cell transplant after birth that had failed with their firstborn. But the couple, who prefer to remain anonymous, chose a historic third option: to let their child receive the first ever transplant of human fetal cells to a child in the womb...
...backlog has created a perfect opening for Fokker, which started producing the compact Fokker 100 jetliner in 1987. The company scored a major coup last week when American Airlines announced plans to buy 75 Fokker 100s, to be delivered in the next six years, and an option to purchase 75 more later on. The American deal, worth as much as $3 billion, is the largest foreign contract ever won by a Dutch company...
...saving small-town America worth the expenditure of more state and federal money? As U.S. cities face deeper problems, ranging from grime to gridlock, the rural option could become more important, or at least more appealing. In a recent USA Today poll, 39% of the people surveyed said they would prefer to live in a small town. (According to U.S. Census figures, less than 24% of the population dwells in rural areas, compared with 44% in 1950.) At the very least, says former Agriculture Secretary Bob Bergland, "it would be unwise for U.S. public policy to force people to leave...