Word: use
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Dates: during 1980-1989
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...Lean Cuisine of 30-second spots. During the three-day period before the debate, at least ten different TV commercials for Bush and Dukakis were airing in Toledo. They were all highly negative in tone, except for two Bush ads filled with morning-in-America imagery. Through their use of MTV-style pacing, voice-overs and quick-flash graphics, many of the spots require multiple viewings before a viewer can sort out the hostile charges. Seen for the first time, these ads can inspire strong but disturbingly vague emotional impressions: Dukakis is a terrible Governor; Bush wants to tear...
...have yet to address the basic problems: excessive volatility, excessive speculation, excessive use of credit and inadequate regulation. This speculative behavior is not driven by individual manipulators, as was the case in the 1920s and '30s, but by institutions such as pension funds, insurance companies, banks and savings and loan associations backed, in many cases, by state and U.S. Government guarantees. Curbing speculation and promoting investment must be the objectives of reform...
...margin requirements on the use of credit to make investments should be uniform for options, futures and their underlying securities. For any of these instruments, investors should have to put up at least 50% of the purchase price. Current margins range from 50% for stocks to as little as 5% for some types of futures. Speculation will be dampened if speculators have more of their own capital at risk...
...problems, however, go much deeper than that. The deregulation of the financial markets has helped produce a stunning amount of corporate and personal debt. In particular, almost $200 billion worth of high-yielding junk bonds has been issued over the past few years, a substantial part of which was used in connection with takeovers and restructurings. In certain instances, the use of a reasonable amount of high-yield debt can easily be justified. However, it is questionable whether businesses can service all of this debt while investing for growth. A recession could bring a wave of defaults...
...especially now that Tehran is seeking to emerge from diplomatic isolation and establish new ties with the West. But apparently that decision is not entirely to the liking of one high-ranking Iranian, namely Ayatullah Ruhollah Khomeini. Iranians, he said in a written message last week, must continue to "use their oppressor- burning flames against both the criminal Soviet Union and the world- devouring United States," looking "neither east nor west" for their future. His tone was hardly that of someone contemplating rapprochement -- or gestures designed to win U.S. friendship...