Word: bankrupter
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Dates: during 1980-1989
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...court rules King cannot spend the $41 million needed to keep the bankrupt system running for the rest of the year, the area's 250,000 MBTA riders may find service halted immediately. "I would think that (a shutdown) would have to happen," King told a press conference Saturday...
BOSTON--The Massachusetts House of Representatives yesterday refused to revive Governor Edward J. King's bill reorganizing and bailing out the bankrupt Massachusetts Bay Transportation Authority (MBTA), while a pending court order could end King's emergency takeover of the system...
...question on the Social Security system revived one of the recurring issues of the campaign. Charged Carter: "Although Governor Reagan has changed his position lately, on four different occasions he has advocated making Social Security a voluntary system, which would in effect very quickly bankrupt it." In fact, Reagan years ago did suggest that the system be voluntary, but he has lately dropped the notion...
...result of all these things, Jamaica is essentially bankrupt. Foreign reserves are almost nonexistent. More than 90 per cent of export earnings go to service foreign debt and to pay for oil imports. High unemployment, which was a major factor prompting Manley's election in 1972, has skyrocketed. Youth unemployment, which was about 40 per cent in 1972, now hovers around 70 per cent...
Symms didn't help his cause when he speculated in silver futures around the time that Nelson Bunker Hunt was trying his best to bankrupt the Republic; the financial fooling around was especially damaging to his campaign since it turned out Hunt served on Symm's finance committee. And Church's labor support has yet to be eroded by the right-to-work challenger. But the biggest feather in Church's cap may be his seniority--power he has exploited to bring Idahoans enough favors that they will likely return him to Washington, especially since Reagan/Church bumper stickers have cropped...