Word: reliefs
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Dates: during 1980-1989
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BANKS. Until deregulation gave them relief in 1980, banks and thrift institutions were rapidly losing business to competitors ranging from Sears to Merrill Lynch, whose money-market funds could legally offer much higher yields than the 5 1/4% maximum savings-account rate. But the Depository Institutions Deregulation and Monetary Control Act gradually abolished limits on interest, enabling banks and thrifts to offer lucrative accounts like Super NOW checking. The new law was a boon for savers, since it touched off interest- rate wars among financial institutions competing for consumer deposits...
Frustrated consumers can find relief at their local telephone-equipment stores, where they have enjoyed a remarkable bounty. Since the breakup, the number of telephone makers selling to the U.S. market has jumped from 25 to more than 200, which has vastly improved the range of prices, styles and capabilities. The high-tech scramble has produced phones with such space-age functions as voice-activated dialing and message machines...
After that ego-deflating lunch, the tumult of the convention was a relief. As Madison took his front-row seat with the Virginia delegation, a page handed him a hastily scrawled note from Roger Sherman of Connecticut: "We need to talk." This could be the break in the deadlock that Madison was hoping for; Sherman was the last of the old-time New England bosses. But getting through the clogged aisles to the Connecticut delegation on the other side of Independence Hall was a nightmare. A live-TV crew dogged Madison's every step as Reporter Don Samuelson shouted questions...
...There certainly are people who are ill and who can be disabled by this," says the NIH's Straus. "But the percentage is relatively small compared to the claims." Unfortunately for the victims, doctors have few treatments to offer. Stress reduction or sleeping pills may provide some relief. For now, says Gidget Faubion, who runs a 9,000-member support group for the afflicted that is based in Portland, Ore., most sufferers must learn to accept the severity of their condition. Says she: "If you don't change your attitude, you're going to make a suicide call...
...bill that makes businesses queasy is Kennedy's plan to require them to pay at least 80% of employees' insurance premiums for hospital care, physicians' fees and diagnostic tests. Says John Sweeney, president of the 850,000-member Service Employees International Union of the AFL-CIO: "The bill promises relief for low-wage earners, part-time workers and taxpayers who have had to pick up the tab" for medical costs. But the bill would lay a new $20 billion-a-year burden on businesses, which currently are not required to offer health-care benefits...