Word: pruned
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...their constituents. They have not only heavily influenced the party's manifesto, or platform, with their radical policies, but are pressing for more control over enforcement of party policy at the grass roots. When they wrested the privilege of selecting the party's leader and potential Prune Minister from the parliamentary party, many militants predicted their power play would one day be regarded as a kind of coup de grace against the moderates...
...social democracy's proudest achievement. That accomplishment is now undergoing a painful reassessment. No one is proposing to dismantle the welfare state. But throughout Western Europe there is a growing realization that what once seemed a virtually limitless bounty has reached very real limits. Pressure is mounting to prune and reform the whole apparatus of welfare and redefine its purpose. The public mood behind it all is not unlike the surge of conservatism in the U.S. that helped sweep Ronald Reagan to the presidency...
...increase at all in August, the Consumer Price Index jumped 0.7%. The Federal Reserve moved late in the week to attack inflation by raising the discount rate, the fee it charges on loans to member banks, from 10% to 11%. In response, banks began pushing up the prune rate...
...interest rate hikes that hurt housing show few signs of stopping. Last week banks pushed the prune rate they charge their most credit-worthy customers to 19%. Even New York loan sharks have raised their fees from 5% to 6% per week and little money is available...
...election nights, Pierre Trudeau usually has an apt quote in his pocket from the popular homily Desiderata ("Go placidly among the noise and haste"). But for his moment of triumph last week he borrowed from Robert Frost. As the cheers welled around him, the once and future Prune Minister quoted from Stopping by Woods on a Snowy Evening: "I have promises to keep, and miles to go before I sleep...