Word: stanched
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With this week's U.S. release of Do the Right Thing, the furor goes Stateside. Not since the Black Panthers cowed Manhattan's glitterati 20 years ago has there been such a virulent outbreak of radical chic -- or so many political-disease detectives ready to stanch the epidemic. A single issue of the Village Voice ran eight articles on the movie, with opinions running from raves to cries of "fascist" and "racist." A political columnist for New York magazine charged that Lee's film could undermine the New York City mayoral campaign of a black candidate. Everywhere, the film...
...Secretary of Defense by a vote of 53 to 47. It marked the first time in 30 years that the full Senate had spurned a President's Cabinet choice, and was a clear indication of which way the power is flowing along Pennsylvania Avenue. Bush moved swiftly to stanch the bleeding by replacing Tower with Congressman Richard Cheney, a Wyoming Republican who served as White House chief of staff under Gerald Ford. Cheney is expected to win quick FBI clearance and Senate confirmation -- much to the relief of Bush, who declared, "Too much time has been wasted here...
...increasing number of politicians and economists, a gas-tax boost would be one of the simplest and most effective ways to reduce the 1990 budget deficit. The idea could quickly gain ground among congressional leaders who are preparing to haggle with the incoming Bush Administration over steps to stanch the red ink. "It seems everybody has decided that a higher gasoline tax is the answer," says Susan Simon, a Washington political analyst for Wall Street's Shearson Lehman Hutton...
Within hours, the markets echoed that skepticism, accelerating the dollar's fall to a low rate of 121.52 yen. Improved trade figures did not stanch the bleeding; the damage was halted only by the purchase of $5 billion by foreign central banks, led by the Bank of Japan. Noted John Williamson, a senior fellow at Washington's Institute of International Economics: "Foreign investors are not happy. They read Bush's lips...
Mayor Young recognizes the daunting odds against his crusade. "We have more than tripled the number of people arrested," he said last week, "but prison space hasn't tripled. We are putting an additional burden on an already overcrowded system." Young also blames the Federal Government for failing to stanch the flow of cocaine into the U.S: "We're fighting an impossible fight if our city and other cities continue to be inundated by this drug...