Word: swamp
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Dates: during 1990-1999
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...point drop in the Dow Jones average -- before recovering later in the day to post an overall 3% loss. "We knew it had to come sooner or later. Many of us just stood there blankly," said a floor dealer. Another market watcher described it as a "bottomless swamp." The market edged upward on Friday as bargain hunters poured in, but a new era of wariness had clearly arrived. THE MARKET THAT WAS DREAMING A DREAM, blared a headline in Nihon Keizai Shimbun, a financial daily...
...some of the bluntest public criticism to date of his policies. Economic reformer Nikolai Shmelev complained that "as far as the economy is concerned, we have built a madhouse and continue to live according to the laws of a madhouse." Conservative Deputies warned that society was "slipping into a swamp even more boggy than in the stagnation period." At one point Deputy Teimuraz Avaliani, from a Siberian coal-mining region, even urged the parliamentarians "not to vote for Gorbachev under any circumstances...
...hopes that with Mandela's help, the final obstacles to lifting the state of emergency and releasing political prisoners can be ironed out. From there, De Klerk expects to proceed to formal negotiations on a new constitution, a strategy that could pay off handsomely -- or become a political swamp...
Shifting public attitudes are one reason that the most potent N.R.A. weapon -- the threat to swamp opponents on Election Day -- has been proving harder to deliver. The association's political-action committee, the fifth most generous in the country, spent nearly $4.7 million to back political candidates in the 1988 election, up from $876,000 in 1980. Yet according to a study by the Coalition to Stop Gun Violence, the N.R.A. has failed to unseat a single one of its targeted incumbents in the past two congressional elections...