Word: spendthriftness
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...sweaters and compact-disc players, many are having doubts not only about this month's expenditures but also about their whole philosophy of buy, buy, buy. The October stock-market crash and the likelihood of an economic slowdown next year have rekindled the feeling that Americans must reform their spendthrift ways. "Consumers are so far out on a limb," declares Economic Consultant A. Gary Shilling, "that the crash has shocked them into an agonizing reappraisal of their conduct...
Kariotis, who has tried to boost his dragging position in the polls through an aggressive style, cast his responses to moderator Mary Richardson of Channel 5 as accusations against Dukakis. He called the governor a spendthrift and said he had accomplished little for the state while "polishing his image for higher political office...
What sort of individuals would subject themselves to this sort of testing? One freshman participant describes himself as being a partier, a spendthrift, and very flamboyant. "I need the money for other forms of partying. My parents know [about the test], and they realize that I am 18, and this is my own decision...
...head of a special committee on cost control, Peter Grace, chairman of W.R. Grace, made thousands of recommendations on how to slash the U.S. budget deficit. Since he delivered his report to President Reagan in January 1984, Grace has waged a personal crusade against the Government's spendthrift habits. His company recently hired Movie Director Ridley Scott (Alien, Blade Runner) to create a TV commercial that would alert viewers to the horrors of huge deficits. The result is The Deficit Trials, 2017 A.D., a futuristic fantasy that cost about $300,000 to produce. Set in a mammoth courtroom, it shows...
Lord Porchester, the Queen's racing manager, says that she is "an absolutely first-rate judge of horseflesh." Among the stallions trotted out for her at Spendthrift were two Triple Crown winners, Seattle Slew and Affirmed. At Claiborne Farm she met the third living Triple Crown horse, Secretariat, before a groom brought out a retired stud at the Queen's request: the legendary Round Table, who was born to a horse bred at the royals' farm, Sandringham Stud...