Word: reform
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Dates: during 1980-1989
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Politically, the Cold War already restricts our ability to dictate solutions. Despite the inconvenience of massive immigration from the South, we cannot afford to close our borders and bring intolerable rural unemployment to Mexico and Central America. We fear the consequences of forcing South Africa to reform its system or insisting that Brazil or Argentina pay their debts on time. As the years pass, more and more issues will arise that require the collective efforts of many nations--acid rain, the destruction of the ozone layer, the traffic in drugs, and many more. Such problems will create increasing pressure...
...outgoing Parliament, but that role will now be assumed by the Conservatives. The New Republic Party, another liberal group, lost four of its five seats. Acknowledged Progressive Leader Colin Eglin: "I cannot deny that the results pose a major setback for the P.F.P. and the concept of a reform alliance developing into an alternative government. There is no doubt that the election in its totality represents a lurch to the right...
...reinstate the pass laws that restricted the migration of blacks to cities. Those laws, which are deeply hated by South African blacks, were repealed a year ago. Conservative Party Leader Andries Treurnicht declared that the election results "put us in a strong position for challenging the government on reform." With the Conservatives making such demands in their new role as the main opposition party, the primary debate in Parliament will now be between the government, whose devotion to reform is ; halfhearted at best, and those who oppose all reforms...
...only bright spot for liberals in the election returns was the showing of three reform-minded independent candidates. Wynand Malan, who quit the National Party in January to protest the government's slow changes on racial issues, scored an easy victory in Johannesburg's Randburg district. Denis Worrall, South Africa's former Ambassador to Britain, came within just 39 votes of beating Minister of Constitutional Development Chris Heunis, the architect of Botha's reform program and his possible successor, in Heunis' once safe Helderberg district near Cape Town. In the Afrikaner university town of Stellenbosch, another Nationalist defector, Esther Lategan...
...reform that allowed the thrifts to expand their business proved a major disaster in the Southwest, where a sizable number of thrifts stampeded into risky real estate loans and other questionable investments. In many cases the institutions also succumbed to old-fashioned peculation. A spectacular case in point was the Vernon Savings & Loan Association of North Dallas, which was shut down in March with a deficit of more than $350 million. Vernon was purchased in 1982 by Don Dixon, 48, a North Dallas real estate developer. In six years Dixon pushed Vernon's assets from $82 million to $1.7 billion...