Word: present
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Dates: during 1980-1989
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...Krishna devotees, the Hare Krishna mantra is the holiest of all. "It's a purifying sound, non-different from the name of God," says Pandita Dasa. The Hare Krishna magazine, Back to Godhead, says this mantra is "especially meant for counteracting the ill effects of the present age of quarrel and anxiety...
...active member of the Church of the Apostles, an Episcopal congregation in Fairfax, Va., noted for its charismatic practices. Members of & this congregation offer special prayers for him. Virginia-based Televangelist Pat Robertson dubbed the Marine a "sacrificial lamb" on his Christian Broadcast Network. In his present straits, North derives considerable solace from his religion. "His faith has been very important in this time of stress," says North's friend and fellow parishioner John Mumford...
Welfare programs are run by the states, which set their own eligibility rules and benefit levels within guidelines established by Washington. The Federal Government pays, on the average, 54% of the costs. In about half of the states, families in which both a mother and a father are present can receive benefits, but in the other half only single-parent households qualify. Benefit levels vary widely: in Alabama, for example, a family of three gets about $4,000 a year in AFDC and food-stamp benefits; in Alaska such a family gets about $11,500. Some state officials feel that...
...firms have been forced to restructure to regain profitability. In other cases, they have slashed costs and boosted profitability precisely to keep their stock prices above the level at which they would attract bargain-hunting takeover sharks, who are likely to chop far more brutally and indiscriminately than the present managements. No less a titan than ITT warily shook off a takeover bid by Raider Irwin Jacobs in 1985. That effort gave renewed impetus to a slimming exercise already begun by ITT Chairman Rand Araskog. Since 1980, Araskog has sold off more than 100 businesses, and last year...
...corpocracy to describe the U.S. business hierarchy. Darman's epithets rebutted executives who blamed federal tax and budget policies for problems with U.S. competitiveness. Both Darman and other officials, however, acknowledge that Big Business is changing its ways. Robert Ortner, chief economist for the Commerce Department, acclaims the present restructuring efforts of corporate America as "amazing...