Word: plummet
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...Powell who convinced Cedras that it was more in keeping with military honor to yield than to fight. It was Powell who ultimately persuaded President Clinton to take the deal with all its flaws. If the Haitian venture turns sour, the general's prestige might plummet, but right now it is so high as to revive talk in the White House of naming him Secretary of State...
Federal Reserve Chairman Alan Greenspan told Congress that the central bank will probably raise interest rates again this year to avert inflation, despite predictions that the Fed had had its fill of rate hikes this year. On Wall Street, the Dow Jones industrial average obliged with a 20-point plummet. Greenspan, in his semiannual address to lawmakers, told the Senate Banking Committee that any signs of inflation would probably trigger a Fed vote to take interest rates--and the rates on consumer loans like mortgages--even higher...
...government can indeed walk and chew gum -- create jobs and guard against inflation -- at the same time. Now, who can explain those headlines that say, economy booms; stocks plummet...
...comes at a time when interest in the academy, and the military in general, is cooling. While applications have lagged at all three since the cold war's end, the Air Force Academy in Colorado Springs, which no longer guarantees its graduates a chance to fly, has seen applications plummet from 16,600 for the class arriving in 1988 to 8,800 for this year's plebes. John Murtha of Pennsylvania, chairman of the House Appropriations Committee's defense panel, says the number of his constituents seeking congressional appointments to the academies has dropped by half in the past year...
According to Lewin, during one of Hoffman's 150 parachute jumps, his parachute failed to open completely and he began to plummet in free-fall toward the ground...