Word: borrower
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Dates: during 1970-1979
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...public housing. "We are even begging for paint to fix up our high school," says Mayor James E. Williams. In order to pay its bills, the city began selling as many bonds as Illinois law permits. When that proved insufficient, it resorted to an annual charade. The city would borrow from banks to meet its payroll, then, by prearrangement, would fail to pay when the loan came due. The banks would sue and win a judgment demanding repayment. That would enable the city legally to sell bonds beyond the normal debt limit. Today, 35% of East St. Louis' tax revenue...
Tough Line. We hear about the three disciplines (obey orders in all your actions; do not take a single needle or piece of thread from the masses; turn in everything captured), and the eight points for attention (speak politely; pay fairly for what you buy; return everything you borrow; pay for anything you damage; do not hit or swear at people; do not damage crops; do not take liberties with women; do not ill-treat captives). Keng makes no direct mention of the U.S. or of the social imperialists (the Russians), but his line is tough. "The danger of world...
...mother either had a lot of money or none at all?usually none at all. At one point she was living in a little hotel in Santa Monica. When a newspaper or magazine would ask for an interview, she would borrow a friend's house, put her own pictures on the mantel and try to be there before the reporter showed up. When Judy was on tour, the whole brood, which eventually included Liza's half-brother and half-sister Joey and Lorna Luft, had to learn to put on layers and layers of clothing and waddle...
...Liza, they are worse in the telling than they were in fact. At home in Los Angeles, Judy would often take a few aspirins, lock the bedroom door and announce that she was committing suicide. On to the act after the third or fourth time, Liza would merely borrow the clippers from the gardener and snip a hole in the window screen so that she could climb in. Once inside, she would try to talk her mother out of her depression. Saving Judy became one of her chores, like washing the dishes or sweeping the kitchen floor. Once a week...
...copper, but agriculture is the principal business. Crop prices (principally for coffee, cotton and tea) have not kept pace with inflationary living costs, and last year Uganda's foreign exchange reserves fell from $44.8 million to $25 million. To help the faltering economy, Amin was forced to borrow ?10 million from Britain and impose strict import and trade controls...