Word: bankes
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Dates: during 1970-1979
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Hayes told the reporter that frequently, after peanuts had left the warehouse, Billy Carter would put off signing the checks to the bank. Then, to cover up the lateness of payments, Hayes said, he and Carter would change the dates on warehouse release documents and date checks for weekends and holidays...
...know, like writing a bad check and beating it to the bank...
...that was abetted by both of the major Administration departments that would have lost power. The State Department would have forfeited control of bilateral pro grams handled by AID, and the Treasury Department would have been displaced as U.S. policymaker in the multilateral development programs run by the World Bank and other international financial institutions...
There are even more tangible benefits for America. For every $1 that the U.S. contributes to international financial institutions that give aid, the recipients spend $2 to buy goods and services in the U.S. For every $1 paid by the U.S. into the World Bank alone, $9.50 flows into the nation's economy in the form of procurement contracts, operations expenditures and interest payments to investors in the bank's bonds...
...strengthen the dollar, Zombanakis continues, governments must devise a new system, a collective responsibility that would spread the risks of financing international debts. One way would be to set up a world central bank that would issue a new reserve currency to supplement the dollar. Perhaps a revised International Monetary Fund could fill that role, in Zombanakis' view, and the IMF's Special Drawing Rights could serve as the new money. The SDKS would be backed by deposits from the countries that have large surpluses−notably Saudi Arabia, West Germany and Japan−as well...