Word: wipe
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Dates: during 1970-1979
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They stacked us up behind the podium, with only some close-circuit apparatus as a window to the festivities. The tube was poorly placed; one well-situated fat man could wipe out 200 newspapers' visibility of the events on the floor. A pink tag, you see, only guaranteed you a ticket to wait in line for a pass to get on the floor. There were only 25 passes for all of us. A pass allowed you 20 minutes on the floor. As soon as your time was up you got back in line and waited for an hour...
...floating exchange rates, under which currency values rise or fall according to demand, has changed all that. Now an oversupply of dollars abroad simply drives down the price. This kind of automatic devaluation in turn makes U.S. exports cheaper, increases sales of American products abroad and tends to wipe out any payments deficit. In the long run, officials now think, the health of the U.S. international financial position will best be measured by the dollar's strength abroad...
Howard S. Beltzer '79, one of the 134 new Government concentrators, agrees with Mansfield's estimate. Beltzer said yesterday that although he doesn't plan on going to law school, and isn't exactly thrilled by the prospect of Mansfield's department crusade to wipe out grade inflation, he decided to enter Government on the basis of his personal interest in politics...
...junta's economic and social policies are essentially analogous to the Chilean ones: freezing of salaries to provide cheap labor and to promote heavy private foreign investment. In order to "restore morality and efficiency to the government, wipe out subversion and restore the economy," Videla dissolved the Congress, provincial and municipal legislatures, suspended all political parties, all trade unions, dismissed the justices of the Supreme Court and banned all political activities. A "Legislative Assessment Council" was formed (just as in Chile) which will assist the new rulers in their government. The death penalty was reinstated for attacks on members...
These are among the major provisions of the proposed Financial Institutions Act of 1976, a bill that would force the most sweeping changes in the nation's financial system since the Depression. The bill would wipe away many of the present distinctions between commercial banks and thrift institutions (though not all; the thrifts would still be forbidden to make business loans). It would also concentrate the regulation of banks in a single new federal agency...