Word: pacts
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...heart, the BBA mandates that, by the year 2002, the federal government will no longer spend more than it takes in. The Amendment does not, however, say what steps should be taken to get to that point. In this respect it calls to mind the failed Kellogg-Briand Pact. As the 1920s drew to a close, the major nations of the world signed the pact, which would forever "outlaw" the scourge of war from the world. As the outbreak of World War II a decade later showed, it obviously was not terribly effective...
President Ernesto Zedillo, just seven weeks in office, signed a pact with the main opposition parties to deliver reformed federal and state voting laws and to honor the results of all free and fair elections. According to opposition leaders, the signers agreed privately to hold new balloting in the unruly southern states of Tabasco and Chiapas, where widespread fraud was reported in last year's elections. In Washington the Clinton Administration's proposed $40 billion bailout of the weakened peso met with stiff opposition from Democrats...
...better than nothing. After weeks of intensive and often acrimonious negotiation, the National Hockey League's owners and players hammered out a six-year pact and brought the sport's 103-day lockout to an end. Fans will get a curtailed 48-game season (instead of the traditional 84). Although the owners failed to win a salary cap, they did get some restrictions on the eligibility of free agents...
...show American Gladiators -- will be competing for a spot in the world's most famous sailboat race. In a grueling round robin over the next three months, the women, recruited by 1992 Cup winner William Koch, will race veteran Dennis Conner and another all-male crew, PACT '95, for the single U.S. spot. Seven foreign syndicates, including a formidable Australian team, will compete separately against each other. In May, U.S. defender and foreign challenger face off for the best of nine races...
...November, the women showed their mettle at the International World Championships off San Diego, a warm-up for the Cup, finishing second only to the Australians. Conner and PACT 95, both sailing slower yachts, finished far behind. "We showed them they better take us seriously," says Olympic bronze medalist Jennifer Isler. Bill Trenkle, who runs Conner's sailing operations, admits as much. "We realize with a fast boat they'll be dangerous," he says. "Women love to beat men and men love to make fun of men who are beaten by women. If we get our butt kicked...