Word: transite
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Consider the case of Jeannette Shulda, rendered a quadriplegic in 1984. She was helping her long-haul trucker husband when a pallet fell on her, crushing her spinal cord. A company called Transit Casualty (remember that name) paid out more than $300,000 in medical expenses and 24-hour care. Then everything stopped. At the end of 1985 Transit Casualty went broke. For technical reasons, the California state guaranty fund wouldn't cover the claim. Eventually it probably will (just hang in there, Mrs. Shulda), but nearly five years later, the case is still in the courts...
...from California? Look at your auto insurance bill. You'll see that 1% is earmarked for the insurance guaranty fund. Right now, that's enough to cover the occasional insolvency. But what if Transit Casualty proves to be an omen rather than an isolated incident? Here was this little company that never earned more than $60 million in net premiums in any year -- peanuts, in the insurance industry -- and then went broke. How much of a problem can that be, one wonders? How much can a company like that lose...
...former Justice Department official Terry Eastland has noted in Commentary, police departments have been forced to defend requirements that applicants not have criminal records--a standard which has been proven to have a statistical "adverse impact" on Blacks and Hispanics. Complainants have also challenged anti-drug policies of mass transit authorities and physical strength tests of fire departments...
...Jack the price back up. After oil prices are restored to their free-market level, the U.S. could painlessly slap a punitive tax on the consumption of oil and use the revenue to pay for conservation measures, alternative energy research and mass transit systems. Even if OPEC remains sound, an additional petroleum tax is not a bad idea, so long as it is accompanied by some sort of a rebate plan for the poor to counteract the regressive nature of such a tax. Already, American consumers pay absurdly low gasoline prices by global standards. Taxing gasoline heavily makes good economic...
...brings 15,000 to 20,000 more refugees pouring out of Iraq, and Jordanian officials predict that as many as 1 million more may arrive in the coming weeks. Apart from the massive crowds in the border camps, Jordan is swamped with 110,000 refugees packed into dozens of transit camps in Amman. The cash-starved kingdom insists that it cannot cope with the additional tens of thousands still stranded at the border, waiting to cross. "The plight of these people has only evoked the faintest of responses from the world community," complains Crown Prince Hassan, King Hussein's brother...