Word: prop
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...Prop 187 is so harsh -- and probably unconstitutional -- that several respected Republicans have come out against it -- and, by extension, against Wilson. In a year when Republicans have so far stuck together like Gummi Bears, Jack Kemp and William Bennett, both ambitious men unlikely to buck their party, tried appealing to conscience. While acknowledging that illegal immigration must be stopped, they argued that Prop 187 is a nativist measure that appeals to the angry and won't fix the problem. The measure, said Kemp, would "corrode the soul of the party." Bennett warned, "It is going to label all immigrants...
...fired acting Finance Minister Sergei Dubinin, a critic of easing monetary policy, and asked parliament to dismiss central bank chairman Victor Gerashenko -- who resigned, but only after a personal meeting with Yeltsin. Considered by many an obstacle to reform, Gerashenko had balked at spending scarce hard-currency reserves to prop up the ruble as it went into free fall...
...Both my grandfather and great-uncle, Robert Barrett Lawson '31 and Wilbur L. Lawson '31, were on the prop crew and pulled the original Big Drum," says K.T. Lawson '97. "Today, I'm the Assistant Manager of the prop crew, and in that capacity, I pull the Big Drum...
Coordinated selling of yen and marks and buying of dollars by government central banks has twice failed to prop the dollar's price. The U.S. Federal Reserve might try raising interest rates again -- possibly this week -- to make American investments more attractive to foreigners. But most analysts doubt such a move would accomplish much unless it were synchronized with interest-rate cuts in Europe and Japan, which would not be easy to achieve. It could even be dangerous. The big worry about the dollar slide is that it will fan U.S. inflation by raising the price of imported goods...
...cover its costs. Pearl Jam hired Sullivan & Cromwell, the prestigious Manhattan law firm. In a memorandum filed with the Justice Department, the lawyers claimed that Ticketmaster's control over tickets and its exclusive contracts with most of the leading concert arenas constitute anticompetitive behavior that enables it to prop up prices. Soul Asylum, another popular alternative-rock band, jumped into the fray. By week's end Garth Brooks, Neil Young, U2 and Bad Religion had lined up with Pearl Jam, saying they supported Pearl Jam's cause. Says Kelly Curtis, Pearl Jam's manager: "All the band wants...