Word: borrower
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Dates: during 1960-1969
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...this mystical melange, hippie communities are developing clearly identifiable sects, with their own clergy, formal meetings and even liturgy. These groups borrow unabashedly from all three main strands of the psychedelic faith. The Neo-American Church, whose pastors are known as "boo-hoos" (the absurd title is meant to keep "an element of humor in our institutional affairs"), uses prayers from Buddhism, Tantric Yoga and Mohawk moccasins in its pseudo-marriage ceremonies. One popular center of hippie worship in Los Angeles is the Oracle-Cosmic Joy Fellowship, whose prelates are known as "coordinators." At its regular services, worshipers sit cross...
...International Business Lawrence Mc-Quade, "was an example of American businessmen losing their heads about a market. Their massive investment triggered the voluntary payments program." Under this voluntary program, 625 U.S. corporations, including Jersey Standard, are making "special efforts" to repatriate income from abroad more rapidly and to borrow more money abroad...
...policy of 1966, the Fed all year literally stuffed banks with funds. In its early stages, the massive infusion helped to keep the economic dip trivial. For a few months, interest rates fell, but as the mini-recession melted away, voracious business demand for loans reversed that trend. Corporations borrowed $16 billion through bonds and other debt securities in 1967, almost half again as much as a year earlier. State and local borrowing also rose sharply. In the second half of the year, increased federal spending sent the Government heavily into the market as well, forcing the Federal Reserve...
...private property from expropriation, 3) development of the European capital market, 4) more closely meshed national patent systems, 5) broader approaches to antitrust problems and 6) a freer flow of technology. "We have created the illusion of multinationalism without the reality, the shadow without the substance," he argued. "To borrow from Cassius, the fault is not with the concept but with ourselves...
Adams has arranged to borrow at least five paintings, which will be exhibited one at a time for six weeks each. Berg said he had arranged to "change the articles frequently to make each one noticeable." The paintings will be exhibited in the House library, the only place in the House constantly under surveillance when not locked and therefore the ideal place to house the valuable paintings," he said...