Word: spigot
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Dates: during 2000-2009
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...Carry-trade alarmists tend to focus on the fact that Japan's "free money" spigot is closing, but rarely mention that rates are likely, for now, to rise by a mere 0.25%. That's not free, but it's still pretty close to it. For the foreseeable future, Japan will remain the world's first stop for low-cost capital. "Even if Japan's rates were to rise to 1%, its differential with other asset classes around the world would still be pretty high," says Macquarie's Jerram. Besides, the BOJ has been signaling its intention to raise rates...
Also troubling is the financial cost to schools when the beverage spigot is partly closed. The deals that administrators strike with drinkmakers often go to pay for such comparative luxuries as athletic programs and yearbooks; if the kids don't take to the healthier drinks, revenue will fall. For Brainard High School in Chattanooga, Tenn., vending-machine sales have meant an annual cash infusion of as much as $17,000. "I think the deal will hurt us," says school bookkeeper Robin Cavin. "We pay the insurance for athletics out of that. Who will replace it when it's gone...
Rumsfeld and the services put aside their feud for a real war, and over time the need to transform things seemed to disappear, partly because the terrorist attacks opened the cash spigot and hard choices didn't seem necessary. Instead of having to choose either weapons of the future or those of the past, the Pentagon last year bought both. Rumsfeld has canceled only a single major weapons program in two years, the $11 billion Army Crusader artillery gun, while allowing such dubious programs as the Air Force's $200 million F22 Raptor fighter and the Navy's $2 billion...
...this is to say nothing about conditions in the camp, which boasted—until the second day we were there, when management trucked in more—only about a dozen port-a-potties, a single water spigot, and $5/[a]piece showers at facilities across the street...
...deny, a fact he couldn't dismiss, a world he couldn't fully control. We wonder no more. Bush's signature second-term domestic agenda--Social Security reform--died a pitiless, lingering death in 2005, as the public simply refused to buy it. His gleeful opening of the fiscal spigot--the biggest increase in public spending since F.D.R.--got deficit hawks squawking enough to force the first tiny potential cuts in pork, if nowhere near enough to control the looming debt. The Republican congressional guru, Tom DeLay, discovered that gerrymandering districts in Texas could lead to a Supreme Court challenge...