Word: wound
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George Bush--expected to be a Reaganomics disciple--proved himself more similar to Carter than to Reagan. Bush didn't continue the program of low taxes and decreased government intervention that had produced years of growth. Instead, he reverted to raising income taxes and wound up in a recession. The economic downturn would have been worse if not for Federal Reserve Chair Alan Greenspan, who kept interest rates and inflation...
...mutual funds, which reached a record value of $1.7 trillion last year (see chart), began in earnest in 1989. As interest rates began dropping, profit-hungry investors moved away from low yielding certificates of deposit and treasury bonds to where the action is. Most of the enormous outflow wound up in professionally managed pools of securities, where annual returns of 25% or more are not uncommon...
Bosnia opens a terrible new wound...
...rape works -- sometimes even better than killing does. Killing may make martyrs, and thus inspirit and strengthen the morale and solidarity of the victims. Rape, on the other hand, not only defiles and shatters the individual woman but, especially in traditional societies, also administers a grave, long-lasting wound to morale and identity. Rape penetrates the pride and cohesion of a people and corrodes its future. When a woman is raped in war, she and her family and ultimately her community internalize the assault upon their identity. Rape in war is only sometimes an act of simple lust or sadism...
Hartford's lead reached as much as 37, at 78-41, with about six and half minutes to go before Hawks Coach Paul Brazeau began to clear his bench. As the clock wound down, the only suspense left lay in whether Hartford would break 100 points for the game. Much to the chagrin of the few remaining fans, the Hawks...