Word: portioning
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Dates: during 1980-1989
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...goverment were to split up now and hold early elections, the contending parties would be averse to carrying out necessary budget cuts that would anger a portion of the electorate. According to Israeli economic experts, the gains of the last year's economic turn-around would be reversed. Subsidies for favored interests would rise in the quest for votes and the economy would return to the skyrocketing inflation of years past...
...have already shut down thousands of so-called stripper wells, which individually produce fewer than 10 bbl. a day but collectively supply the U.S. with about 15% of its total production of 9 million bbl. a day. If most of those wells close, the country could lose a sizable portion of its reserves. Says Allan Martini, a senior vice president at Chevron: "Once some old wells stop pumping, it's almost impossible to get them producing again. It isn't a question of turning the tap off and bringing it back later." The U.S. can ill afford to give...
Despite its now well-established popularity with federal prosecutors, however, RICO has its problematic side too. The statute's civil portion allows companies and individuals to bring RICO lawsuits, and because it defines racketeering so broadly, all kinds of legitimate businesses and businessmen are using the law to bash each other around in court. IBM, for example, used the law to sue Hitachi for theft of confidential technology, and reportedly pocketed a settlement of $300 million. New York Yankees Owner George Steinbrenner aimed RICO against investment partners whom he charged with selling him their interests in a joint venture without...
Through the final clubs, the University has found a harmless way to sequester and render harmless the antiegalitarian tendencies of a sizeable portion of its student body. Here at Harvard, we have a group of men with socially elitist attitudes forced to compete on a strictly meritocratic basis for grades and extra-curricular activities. Were such individuals denied a socially-accepted opportunity to exclude their fellow students on the basis of race, creed, color, sex, income, and family background, this proclivity would find expression in more mischievious ways...
Right now it seems clear that Meese and the award givers at the K-School are on a collision course with a large portion of the Harvard community, including K-School students and graduates who have petitioned and called for recision of the award. But recision is not the solution; it would only compound the huge public relations fracture. It's asking too much for the K-School to swallow its pride and also shoot itself in the chest in its relations with the Administration. Two solutions present themselves. Meese took the first step in damage control by postponing...