Word: bankrupting
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...matter of time before all dissent would be muffled. Approximately half the CIA funds were funneled to the opposition press, notably the nation's leading daily El Mercurio; Allende had steered government advertising to the papers supporting him while encouraging newsprint prices to rise high enough to bankrupt the others. Additional CIA funds went to opposition politicians, private businesses and trade unions. "What we were really doing was supporting a civilian resistance movement against an arbitrary government," argues a CIA official. "Our target was the middle-class groups who were working against Allende...
...quip drew a grimly appreciative laugh from some 80 builders, mortgage lenders, federal officials and Congressmen, who spent much of the all-day session listening to figures on the shambles that inflation and tight money have made of the construction industry. Among them: 901 builders went bankrupt in the first half of 1974, v. 706 during the same period a year ago. Construction-industry unemployment rose from 7.9% in February to 11.1% in August. Last week alone, electric utilities canceled plans to build nearly $2.5 billion worth of power plants, primarily because they cannot borrow at an acceptable cost...
...Cadillac, Rolls-Royce and Mercedes-Foreman has few of the trappings of a superstar. One of the reasons may be that until recently Foreman actually had very little money. In fact, during his divorce proceedings earlier this year, Foreman's lawyers indicated that the champion was very nearly bankrupt. The tangle of old contracts and deals that was consuming his income has since been cleared away...
...supposed to sound reassuring but seems to an American quite the opposite. The situation overseas is even worse. Britain faces inflation of more than 16% this year, despite persistent economic stagnation. Italy could present the world soon with the unique situation of a major country quite literally going bankrupt; the nation, struggling to cope with a surging inflation and paying sky-high oil bills, could run out of reserves with which to pay its foreign debts this fall. World inflation could easily lead to world recession. The way it could happen: each nation tries to control price increases by reducing...
...Lutheran Church-Missouri Synod we have known is dead. The institution that has given us life is no more. Its structures are hopelessly corrupt. Its leadership is morally bankrupt. Its rank-and-file members have chosen to ignore and overlook evil...