Word: quos
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Dates: during 1990-1999
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Clinton may be President, but Wall Street won the election, in the form of a "status quo" rally that has even seasoned traders shaking their heads. The prospect of at least two more years of Democratic President Bill Clinton pitted against a Republican-controlled Congress is just the tonic investors seem to want. Since Nov. 1, when Clinton looked to be a lock, the Dow Jones industrial average has zipped past 6100,6200 and 6300, en route to a near 6% gain...
Although President Clinton should reestablish friendly relations with Cuba, as he did with Vietnam, he will probably continue the status quo. There is no lobby for ending restrictions on Cuba, while many vocal Cuban-Americans, as well as cranky and aging cold warriors such as Jesse Helms, think that Clinton is too soft on Castro...
...intricate squalor of Democratic fund raising is the news of the moment. But here's a big surprise: funny money is a bipartisan indulgence. Here's another: Bob Dole--gasp!--is in on the game. For most of his Senate career, Dole was the pro of the quid pro quo. No one else has been more effective at working the filigree of legislation, digging out just the groove to let the American government's generosity flow unimpeded to his most loyal supporters. And the G.O.P. generally has engaged for years in imaginative fund raising, and favors trading that would make...
...told the owners. Owners of the Chicago White Sox and Cubs, Florida, Kansas City and Montreal are known to oppose the agreement, with Boston, Cleveland, Houston, Minnesota and Seattle seen as leaning against the deal. Eight votes against will doom the deal. And that means more of the status quo: no revenue sharing and no luxury tax, both measures aimed at restraining salaries and closing the gap between richer and poorer teams. And for next year, a labor future that is highly dubious. May have questioned why acting Commissioner Bud Selig has not yet come out in favor...
...contrary to the prevailing antiestablishment rhetoric, the solution does not lie in a more intrusive, socialist government. The welfare state must collapse, and I believe it will in our lifetime. If you wish to smooth the transition from the doomed status quo to a time of true personal and economic freedom, vote for Harry Browne on the Libertarian ticket. --Abe Sutherland...