Word: owing
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Dates: during 1980-1989
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...major American art. The first was the Revolution, which fixed American neoclassicism as the speech of elevated visual discourse and gave American artists heroic themes from their own history and experience. The second was the discovery of great space and, within its vastness, of unique nature. To this we owe the lucid, entranced sea visions of such painters as Lane and Heade. Theirs was the distinctive language of American luminism, with the surface of sea and sky like a membrane of pure contemplation, every pebble and mast distinct, caught in a kind of sacramental hush...
...numbers simply boggle the mind. The total debt of Third World nations to Western banks is approximately $300 billion. South American countries owe $71 billion to the U.S. Citibank, the largest U.S. bank, has made loans to Brazil alone worth fully 75 percent of its total capital. The nine largest U.S. banks have lent Third World nations more than twice their net worth--$64 billion. These concrete-and-steel Wall Street fortresses would be completely wiped out by a Latin American repudiation of all debt...
...were. They now realize that standard superficial Marxist analysis does not really apply to this country. There are important elements here than would wholeheartedly back a solution that retained pluralism. This is why a negotiated solution is so important. Until you have a negotiated solution, then the revolutionaries will owe something to the politicians, and politicians, by their very nature, require pluralism to be politicians...
...deductions turn into nightmares if the defendants are convicted and the write-offs are disallowed. Although the Sentinel customers do not face any criminal liability, the Internal Revenue Service could force them to cough up back taxes. The investors, who have already lost some of their principal, could owe the IRS as much as $65 million, or half of the $130 million they thought was protected in a tax shelter...
...commercial inconvenience will surely, in the end, turn into an artistic coup. Terms of Endearment does work off the conventions that rule more ordinary movies, but only to enrich its own singular voice. Its quirky rhythms and veering emotional tones are very much its own, and they owe less to movie tradition than they do to a sense of how the law of unintended consequences pushes us ceaselessly through the years, permitting no pause for perspective. Terms comes to at least glancing terms with almost every problem a person is likely to encounter in life, but it really has only...