Word: state-run
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...emergency" measures designed to break the nation's hyperinflation (114% for June alone) and to restore confidence in its virtually insolvent government. Among them: a 90-day wage- and-price freeze, a 116% devaluation of the austral to 650 vs. the U.S. dollar and an aggressive privatization of most state-run companies. Because the end of many government subsidies will bring unavoidable price increases for some goods and services, all workers will be given a bonus of 8,000 australes ($12.30 at the new rate...
...Hazelwood entered the New York Maritime College at Fort Schuyler, a state-run school in the Bronx whose academic program and military protocol were so demanding that 60% of its students dropped out before graduating. It was at "the Fort" that he began to drink, on weekend revels with cadets escaping the rigors of noon military drills, the hazing of freshmen, and outright bans on civilian clothes, on-campus drinking, even marriage. No one partied with more fervor than Hazelwood and his buddies on the Trolls, the school's lacrosse team. Says W. Bryce Laraway, a fellow Troll and former...
...other developments, the party's Central Disciplinary Inspection Commission issued a strong warning against corruption by party members in state-run factories, and businesses. In a 10-minute report that opened the national television news, the commission ordered party officials to "raise the ideological quality of party members" and impose stricter discipline...
...still characteristic of American values, but this time of values hardly anyone likes to admit harboring. Charlie Hustle is well on his way to becoming Charlie Hustler, an emblem of the gambling fever that is sweeping America. This year Americans will spend an estimated $278 billion on everything from state-run lotteries to church-run bingo. The big question for millions of American sports fans today is not "What's the score?" but "What are the odds...
Legal gambling also prompts more illegal wagering. It was once thought that lotteries and other state-run betting ventures would pull money away from ghetto numbers games, horse parlors operating behind candy-store fronts and the like. But the illegal games usually flourish alongside the legal ones and sometimes even piggyback on them. One example: since the Illinois lottery began daily drawings, Chicago numbers operators have adopted the state's winning number as the winning number in their own daily drawings. Since the state number is regularly aired on television, the numbers runners are saved the trouble of calculating...