Word: soaks
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Still, M. Danny Wall, chairman of the Federal Home Loan Bank Board, which oversees FSLIC, believes that the thrift spiral is finally ending. His list of the worst-off thrifts has stabilized at 204. Moreover, S and Ls in general are starting to soak up much needed deposits again. During the first two months of this year, thrifts absorbed $10.6 billion in new deposits, compared with an outflow of $3.2 billion during that period last year...
...most outrageous aspect of the Peterson plan is that it would force the burden of paying for the profligacy of Reagan's economic policies on those who benefited least from them. Both the proposed spending cuts and the possible tax increases of Peterson's plan are designed to soak the working class and spare the wealthy. Under Reagan, the financial establishment threw a massive party on Uncle Sam's Master Card, and now they are handing the bill to those who weren't invited...
...National Geographic's quarterly Traveler charging that the overall appearance of Evans' magazine is strikingly similar to National Geographic's publication. At Trips, Ziegler denies that hard times in the parent clothing chain will trim the magazine's sails. And industry analysts still wonder if the market can soak up so many go-go competitors -- particularly since travel- related companies put only one-fifth of their ad budgets into travel magazines...
Most people head south to lie on the beach, soak up some sun and take a break from the academic life for a week. No stress. No hard work. No sweat...
...raise taxes, after a fashion, if the unemployment and interest rates refuse to respond to his entreaties. But clearly tax increases pain Simon; early drafts of his economic white paper had just one line on taxes. Even now, he plans to make up for any budget shortfall in outmoded soak-the-rich fashion: raising income-tax rates for individuals earning more than $100,000 a year. As unpopular as the rich may be in some Democratic Party circles, there just are not that many of them: each 1% increase in tax rates under Simon's plan would bring in merely...