Word: overhauling
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Dates: during 1980-1989
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...commission that Bush set up to recommend changes for an ethics overhaul had called for a ban on honoraria to members of Congress for speaking engagements or similar work. Such honoraria provide thousands of dollars in outside income for senators and representatives in a system that critics, including Bush's ethics panel, contend allows for too much special interest influence on the representatives...
...Gorbachev's approach is probably the only way to rebuild a system so deeply corroded. The failed reforms of 1965, which attempted to introduce price and profit incentives, showed that tinkering with parts of the economy without a comprehensive overhaul of attitudes was doomed. Linkage is necessary because the economic and social problems all stem from the same root: too much centralization. A system based on bureaucratic commands has failed. Decentralization is necessary. But this cannot occur unless people are allowed the freedom to think for themselves...
This reintroduction of what Gorbachev delicately referred to as "individual property" could cause the most sweeping overhaul in Soviet agriculture since Stalin began to collectivize the farms in 1929, a process that resulted in more than 10 million deaths and wiped out the kulaks, or landed farmers, as a class. Since then the land has been unable to feed its people; the U.S.S.R. spends $105 billion, roughly 15% of its budget, subsidizing food, and it imported 36 million tons of grain last year. One Soviet collective farmer feeds only seven to nine people, in contrast to a Dutch farmer...
...wise course for the West is to overhaul its long-standing policy of "differentiation," which has meant, primarily, dealing with each East European country directly rather than through Moscow, and rewarding human- rights improvement with economic prizes like most-favored-nation trade status. But, says a Western diplomat in Vienna, "quite frankly, differentiation is a reactive policy, a cautious policy. It does not initiate and it is not crafted to take account of the complex issues that are now at stake...
BUSINESS: A push to overhaul aging U.S. jetliners...