Word: shake
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Dates: during 1990-1999
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...this real-life Crusader Rabbit was just getting warmed up. General Motors -- that ossified symbol of America's industrial decline -- volunteered for the Perot treatment when the giant automaker bought EDS in 1984 and GM chairman Roger Smith looked to this take-no-prisoners Texan to shake up the hidebound hierarchy. Within two years, Perot was going public with his bitter and prophetic denunciations of the GM bureaucracy ("I could never understand why it takes six years to build a car when it only took us four years to win World War II"), and the company ultimately paid...
...once vibrant institutions that gave the little guy a fair shake and a share of the action in the New Deal era have atrophied into empty shells: political parties, labor unions and working-class newspapers. Taking their place, Greider provocatively argues, are the cool, rational tools of by-the- numbers policy analysis, the legacy of "the energetic reform movements launched by Ralph Nader and others in the 1960s." Much like the Progressives early in the century, the Naderite reformers distrusted the messiness of mass democracy and placed their faith instead in public-interest litigation and legislation. But in another illustration...
Precisely the problem, say farmers in Europe. They like the quotas and tariffs provided by their governments to bolster their incomes. And they fear the monetary loss the Uruguay Round would bring about in order to give foreign products a fair shake. The E.C. doled out $45 billion in subsidies last year, $4,100 a farmer, even though farming generated a tiny 3.5% of European output. Despite seeking their own, albeit smaller, subsidies from Washington, American farmers resent the E.C.'s largesse and threaten to fight any GATT treaty that fails to curb...
...DEMOCRATS IN CONGRESS JUST CAN'T SEEM TO shake their check-bouncing woes. Boxed into a political corner, most of them joined their Republican colleagues last week in voting to turn over to a special prosecutor the records for all House bank accounts for a 39-month period ending last October. But they did it through gritted teeth...
Whatever its motives, Fort Worth-based American could profit handsomely from an industry shake-out. Staggered by the recession, constant fare fights and a global epidemic of aerophobia growing out of last year's Persian Gulf conflict, U.S. airlines have lost more than $6 billion since 1990. American has been no exception: its parent company, AMR, has lost a combined $279 million in the past two years. All that has led Crandall to predict that the number of major carriers will continue to shrink. Says he: "I think there is probably some consolidation left to happen...