Word: assets
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...Lady Bird [May 21] is being wasted. This lovely woman should be a U.S. Senator, ambassador to everywhere, a member of the Cabinet, a distinguished columnist, president of a university, etc. She is a national asset...
...personally would prefer to race him as long as he stays sound," she says. But the family needed a lot of cash to pay estate taxes after her father, Christopher T. Chenery, utilities magnate and founder of Meadow Stable, died last January. The Secretariat bloodline was the most salable asset...
Christine Carroll, 32, of Floral Park, N.Y., would appear to be a solid financial asset to any marriage. Steadily employed as a bookkeeper for the past decade, she regularly contributes $4,000 a year to the Carrolls' combined income of $16,500. Yet for three years she and her husband Richard were turned down for a mortgage loan by one lending institution after another. His income alone was not sufficient, the couple was invariably told, and her income could not be counted because she was "of childbearing age." When one loan officer asked Christine for documentary proof that...
Polaroid and PepsiCo provide similar fringe benefits, and both companies have set up a $100,000 education trust fund for nonwhites called ASSET (for American-South African Study and Educational Trust...
...proposals for reform: 1) central banks should phase out national currencies as a reserve asset and substitute an international form of asset, preferably one issued by the International Monetary Fund; 2) all major currencies, particularly the dollar, should be convertible into this new asset; 3) governments should continue to "demonetize" gold by not buying it in the private market, but they should be free to sell gold in the market, to each other, or to the IMF at any agreed price; 4) domestic policies or exchange rates, or both, should be adjusted whenever a country's foreign exchange reserves...