Word: whipsaws
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...cast the military operation in Ramallah as a defense against future terrorist attacks, a 16-year-old Palestinian girl blew herself up outside a Jerusalem supermarket, killing two Israelis. The next day, a suicide bomber injured at least 32 patrons of a Tel Aviv cafe. On both sides, the whipsaw of violence silenced the cautiously hopeful talk of a prospective cease-fire and possible resumption of the peace process that greeted the return of Zinni to the region last month...
...sense of feeling left out and in the dark. Someone might be talking at dinner, and the whole table breaks out laughing except for the deaf person, who says, 'What? What? What?' And they're only given two sentences or told 'We'll tell you later.'" The erratic, whipsaw police investigation was for Gallaudet's students a nightmare recapitulation...
Predictably, attempts to whipsaw public opinion have already begun. Corporate lobbyists urge that action be put on hold until science resolves the unanswered questions. Environmentalists argue that evidence for harm is too strong to permit delay. The issue is especially tough because the chemicals under scrutiny are found almost everywhere.Since many of them contain chlorine or are by-products of processes involving chlorine compounds, the environmental group Greenpeace has demanded a ban on all industrial uses of chlorine. The proposal seems appealingly simple, but it would be economically wrenching for companies and consumers alike...
...induced in part by Prime Minister Margaret Thatcher's tax cuts of 1987, the ensuing rise in inflation to 11% and the stiff interest-rate hikes Thatcher then used to force prices down. Those rates are still high, and real estate and industry have not recovered from the whipsaw. For the new government of John Major, improvement cannot come too soon: he must call national elections by June...
...Whipsaw City" on the stock exchanges, in the words of one of the esteemed financial-newsletter editors speaking at this three-day "money show." Up 25 points Monday, down 20 Tuesday. The common opinion, derived by computer analysis of 50 leading indicators or by going out and staring at the moon, depending on one's methodology, is that the future looks bad. The audience of gray and balding heads does not know if the economy will make a soft landing or a big splat, but for now they have their assets safely tucked away in Treasury bills and money-market...