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...Patterson. Perhaps that spirit stemmed from the Balkan leaders' recognition that this was probably their best and last foreseeable chance to craft peace. Or maybe it was owing to the tremendous diplomatic and military prestige America has staked on the conference's outcome. Whatever the reason, despite efforts to ratchet down expectations, a case can be made that an agreement is getting tantalizingly closer. There are many caveats. Signing abortive peace deals that are not worth even the paper on which they are printed is, of course, a time-honored Balkan tradition. Success may still elude the negotiators...

Author: /time Magazine | Title: GETTING DOWN TO BUSINESS | 11/13/1995 | See Source »

...economic austerity measures will keep a lot of you unemployed. And having a lot of you unemployed means that inflation will stay down. That's good news for investors. And when a lot of you are clamoring for work--any kind of work--employers will be able to ratchet wages down and line their pockets with cash. Wages may tumble so low that corporations may be able to stay here in America instead of scouring Asia and Latin America for slave labor. Just thinking of the brutality of free market economic principles in action makes us giddy...

Author: By David W. Brown, | Title: A Plan for Everyone | 10/27/1995 | See Source »

...strange kind of ratchet that would require consent of the people of the Commonwealth as a whole before a locality may impose rent control, but then that would foreclose, in the name of local autonomy, that same general authority from thinking better of it and withdrawing the consent," Fried wrote in the April 29, 1994 brief...

Author: By Sewell Chan, | Title: Fried's Possible High Court Nomination Irks Tenant Groups | 4/18/1995 | See Source »

...biggest difference is the strength of the conservative and wealthy Cuba lobby, which Clinton has courted since the campaign. Its leaders got Clinton to ratchet sanctions tighter as the price of accepting his new policy on boat people...

Author: /time Magazine | Title: Is It Time to Lift the Cuban Embargo? | 8/29/1994 | See Source »

...Bret Schundler of Jersey City, New Jersey, Frank Jordan of San Francisco, and Stephen Goldsmith of Indianapolis, Indiana, the so-called Prince of Privatization, who refers to his citizens as "customers." Goldsmith believes in "marketizing" his city -- making every sector of it more competitive. He adds, "We have to ratchet down costs as much as possible...

Author: /time Magazine | Title: Waste Not, Want Not | 5/23/1994 | See Source »

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