Word: capping
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...inevitable with all visionaries, however, the baseball players' union has lost its Florence Nightingale-like image. Reluctance to adopt a salary cap (which the more "progressive" NBA adopted long ago), exorbitant salaries (an average of over $1 million in 1993), and a lack of team continuity are but a few of the evils seemingly brought about by the players' union hard-line stance...
...money here is that around mid-May, the players will start crossing the picket line, and like the NFL in 1987, a new collective bargaining agreement to the owner's liking--i.e. one with a meaningful salary cap--will be crafted. The owners will then claim that the new agreement will allow small market teams--who supposedly, in the present system, cannot afford to pay top players--to compete with big market teams...
...national liberation from frivolous lawsuits and Democrats denounced as a victory for business over consumers. One measure would pressure parties in certain federal lawsuits to settle or else risk paying a portion of the other side's legal fees. Another would establish national standards for product-liability cases and cap punitive damages in civil cases. After lobbying by pharmaceutical companies and doctors, the latter bill was amended to immunize the makers of FDA-approved drugs and devices from punitive damages and cap medical-malpractice awards for pain and suffering...
...losers pay" bill, which would require the party that had first rejected a settlement and then won a judgment for a lower amount to cover the opposing side's legal fees; 2) a bill tightening requirements for bringing securities-fraud lawsuits; and 3) a bill that would cap punitive damages in product-liability cases at $250,000 and allow judges to sanction parties that bring frivolous product-liability lawsuits. The bills were welcomed by Big Business and the insurance industry, which have sought such laws for more than a decade. Corporations, said Representative Henry Hyde of Illinois, provide employment...
...while a few centuries ago boredom was a term that had no currency, we now live in a society that encourages and produces ad copy like the following: "I gave up chocolates. I gave up espresso. I gave up the Count (that naughty man). And his little house in Cap Ferrat. The Waterman, however, is not negotiable. I must have something thrilling with which to record my boredom." Boredom: A Literary History of a State of Mind tells the interesting and significant story of how and why we got from there to here...