Word: outset
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Dates: during 1980-1989
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...History occurs twice," Stefan Kanfer writes at the outset of The International Garage Sale, quoting Karl Marx, "the first time as tragedy, the second as farce." Some 200 pages later, many of them stingingly funny, Kanfer ends his novel invoking the same message. Yet the novel itself lies somewhere on the continuum between tragedy and farce. Ostensibly it is a sardonic burlesque of the United Nations (here thinly disguised as the World Body) and its present-day cast of characters, but underneath runs a current of sadness that the ideals of the 1940s have been overrun by the travesties...
...bidder because of various seemingly insoluble tax and legal problems. It turned to the Wall Street firm of Morgan Stanley to handle the auction. "The Russians would have been happy to make the highest bid," quipped Joseph Perella, a managing director of First Boston, a Hughes adviser. From the outset, GM seemed the most likely buyer. Detroit's recovery had left the largest U.S. automaker with some $9 billion to spend, even after the E.D.S. acquisition, and Smith badly wanted Hughes...
Exemptions and deductions. The personal exemption for each taxpayer, spouse and dependent would nearly double at the outset, to $2,000 from $1,040. In later years the exemptions would, as now, be "indexed" for inflation; that is, the exemption would rise each year by the same percentage that consumer prices go up. The so-called zero-bracket amount would be raised to $4,000 for couples filing joint returns, from $3,670 now. That is the amount of income, after personal exemptions, that is freed from tax. For people who do not itemize deductions, it is equivalent...
...Oilers, hoping to repeat as National Hockey League champions, were looking to put their powerful offense into gear from the outset of the best-of-seven series. The Flyers, with only one player with previous experience in the championship round, wanted to keep it tight...
...From the outset, the protesters have defeated their own cause through their choice of tactics. Repeatedly, the students have vowed to continue their vigil until Columbia's trustees promise to sell the University's $32.5 million invested in corporations doing business in South Africa. In the process, they have placed both the trustees and themselves in a paradoxical predicament, even if Columbia is prepared to compromise, it cannot make any meaningful concessions under duress...