Word: thrift
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...still pining for a balanced budget, something that Keynesian economists warned would turn the "Roosevelt recession" into another full-fledged depression. Roosevelt's advisers accordingly persuaded him to seek to increase consumption. The answer to the question "What can you do for your country?" became "Consume." Thrift became wasteful, shopping patriotic--laying the groundwork for the I-consume-therefore-I-am society of today...
What's cool about Marion, Indian (his hometown): We have the best thrifts stores of any town. I don't think Marion prides itself on that, but we have three really great thrift stores. I lover garage sale, and there are great garage sales in the summer...
...partner in it.'' Most of First International's income came from the interest on a promissory note issued by Corridor Broadcasting Corp., a firm formed by Hill during the 1980s. In 1986 Corridor borrowed $26 million from a Texas savings and loan to buy two TV stations. The thrift later failed and was taken over by the Federal Deposit Insurance Corp. Two years after Corridor's 1991 default, the FDIC sold off the loan for $3.1 million, declaring a $23 million loss to taxpayers in 1993. But in 1994 Hill paid more than $190,000 of Brown's debts, including...
...percent majority against staging hearings -- which incoming Senate Banking Committee chairman Sen. Alfonse D'Amato (R-N.Y.) has threatened to -- the poll found a plurality of the 1,016 respondents (46 percent) thought Clinton had behaved unethically but not illegally in his dealings with an Arakansas thrift. Why keep the Senate gavels in the drawer? Two-thirds said hearings would simply be a political attempt to hurt Clinton; only a fourth thought they would be a legitimate attempt to learn the truth...
...deal with Whitewater federal prosecutors, an appraiser for a savings and loan institution owned by the Clintons' business partners pleaded guilty today to filing phony documents. Robert Palmer, who performed hundreds of appraisals for Madison Guaranty -- the failed thrift once controlled by one-time friends of the Clintons, Jim and Susan McDougal -- will cooperate with the investigation of the finances of the bank and the First Family. The McDougals were the Clintons' partners in the Ozarks Whitewater real estate venture. Under the plea agreement, Palmer -- who admitted to backdating appraisals not directly dealing with the Whitewater property for Madison Guaranty...