Word: wager
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Loida Nicolas Lewis is on a roll. She has just won another $10 in a friendly wager with a colleague. After gleefully waving the crinkled bill in the air as though it were a winning lottery ticket, she ceremoniously places it inside a picture frame with six other flattened, face-up sawbucks. "He didn't think I could negotiate a lower lease, so I told him to put up or shut up," gloats Lewis. "They all second-guessed me, but I haven't lost...
...President Clinton has worked to park himself squarely in the political center, the Republicans have had to reject their traditions in order to differentiate themselves on the issues. Thus when Clinton saw their balanced budget demand, they raised their wager to include a 15 percent tax cut. When the President proposed a crime plan with 100,000 new police on the streets, 100,000 new jail cells and an expansion of the death penalty, the Republicans leapt forward to denounce him for including funds for "midnight basketball," one of George Bush's 1000 Points of Light. When President Clinton pushed...
...announcement. "This was a genuine surprise. This is as big as Lyndon Johnson's decision to pull out of the race in 1968." Those who know Dole and know how closely his identity is tied to his political career also know how difficult and wrenching was his decision to wager all on his third attempt to win the presidency. "This must have been an agonizing decision," says Barrett. "But he was finally forced to do something dramatic to save his floundering campaign." Barrett reports that Dole could have simply stepped away from his majority leader duties, as everyone expected...
...Missouri and other states grappling with a riverboat onslaught. Grey's message: Despite the $1.4 billion in annual tax revenues it pays states and localities nationwide, casino gambling is bad economics, draining dollars from restaurants and shops, spurring crimes such as burglary and embezzlement, preying on the poor who wager a bigger proportion of their income and tempting addicts who are expensive to treat. Too cowardly to raise taxes or cut spending, politicians, he charges, are "fleecing their flock by escorting gambling into their states...
...grim prospect of continued high unemployment and a paroxysm of social unrest that some fear could match the upheaval of May 1968. Chirac is betting that a dose of fiscal discipline will be rewarded by the return of strong growth, jobs and public confidence. If he loses that wager, disaffected voters may turn to the opposition Socialists in the 1998 parliamentary elections, which would produce a debilitating stalemate. The xenophobic far right could also make gains. Most worrisome, if Chirac's plans are thwarted, the country could fail to meet the economic criteria for founder membership in the European single...