Word: soaks
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...their quest to safeguard domestic spending programs -- and enhance their populist appeal -- House Democrats are readying what they freely call a "soak-the-rich" tax plan. Conservative House Republicans are joining this philosophic fray with a vengeance. "We're not stating the position of the President," says Oklahoma Congressman Mickey Edwards, "nor are we stating what we think Democrats would vote for." There is a smoke-and-mirrors quality to their proposal, misleadingly billed as a tax hike on the rich. But it reflects a supply-side vision far closer in spirit to Ronald Reagan than to George Bush...
...scholars such as Alan Brinkley, Franklin D. Roosevelt's "Second New Deal" in 1935 was partly the result of growing pressure from the left, including the growing popularity of Huey Long. Described as a "turn to the left," this series of legislative actions included such landmark bills as the "Soak the Rich" tax bill and the Social Security...
...instead. "We supply kids with things in the absence of family," says Barbara MacPhee, a school administrator in New Orleans. "We used to build dreams for them, but now we buy them Nintendo toys and Reebok sneakers." In the absence of parental guidance and affirmation, children are left to soak in whatever example their environment sets. A childhood spent in a shopping mall raises consumerism to a varsity sport; time spent in front of a television requires no more imagination than it takes to change channels...
...questions for the White House and Congress are how to complete the S&L bailout as swiftly as possible and how to prevent future financial fiascoes. Proposed remedies range from a complete overhaul of banking and thrift legislation to a soak-the-rich scheme that Joseph Kennedy II, a member of the House Banking Committee, put forward last week. Kennedy's plan would slap surtaxes on individuals with incomes over $100,000 a year and most corporations...
...free mixing of the sexes, educated women are mainly confined to jobs in teaching, nursing and social services that do not put them in contact with men. "We have got to change," says a well- educated Saudi woman in Dhahran. "Some fear that we are like sponges that would soak up the negative with the positive from the West. But it is only by being educated and exposed that we are going to find our own identity...