Word: parlous
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Dates: during 1980-1989
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...Kennedy's proposal in 1961. Kennedy's plan to put a man on the moon within the decade was well focused and lavishly financed. But Bush offered no price tag and no precise timetable for the "journey into tomorrow" that could cost hundreds of billions of dollars. Given the parlous state of NASA's meager funding and morale nowadays, that journey could abort before it takes off. Some congressional Democrats wonder where the money will come from. Warned House majority leader Richard Gephardt, in a critique of Bush's speech that reflected the view of many of his fellow Democrats...
...history is any gauge, this could turn out to be one of the most important choices of the waning years of this century, despite the parlous state of the campaign. Never before have voters 40 and younger seen a ballot without the name of the incumbent President. Elections like 1988 that are not automatic referendums on the past presidential term tend to be political watersheds. The choice of John Kennedy in 1960 ushered in a brief but turbulent Democratic revival marked by domestic idealism, the triumph of the civil rights movement and then the agony of Viet Nam. Richard Nixon...
...match his 1982 Thriller, which sold an unprecedented 38.5 million copies around the world and made him into a pop-culture phenomenon, part dancing phantom and part homeboy Kewpie. Bad's first single, a bonbon called I Just Can't Stop Loving You, was a perfect love ballad for parlous times: sexy but hygienic, passionate but never lustful. Radio programmers grumbled at Epic's choice of a low-profile make-out tune for the album's first single. None of this got in the way of the song, however: it is now No. 2 on the Billboard chart...
Critics complain that federal regulators, panicked over the parlous state of the thrift industry, have been all too willing to approve WSGP purchases at giveaway prices. Perhaps in response to that outcry, the regulators have balked at two recent WSGP takeover bids, in San Mateo and Irvine, Calif. In turn, Simon & Co. have altered their business strategy: Marina del Rey-based Western Federal is a healthy and profitable S and L with about $2 billion in ! assets. The Western Federal deal must still be approved by federal regulators...
Maybe not, but the noise level at debt-negotiating sessions is unlikely to decrease, since the conditions of many Third World countries is, if anything, more parlous. Most debtors have fallen victim to a general sluggishness in the world economy, which has reduced their export income and thus their ability to pay. "Lack of economic growth in the U.S. and abroad is the real time bomb," says John Heimann, vice chairman of Merrill Lynch's Capital Markets Group...