Word: borrowings
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Dates: during 1970-1979
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...actually produce anything, are capitalized for a mere $1,600 and are ready-wrapped with the necessary legal documents. He has created 2,591 such companies since 1970. Some of them are sold to Danes who want tax shelters; the others he keeps for himself. By making his companies borrow money from each other, and pay tax-deductible interest to each other, he manages never to show a profit and thus never to pay taxes...
...there were no restrictions. Even so, the new system, which by no means satisfies Patman, might be an improvement on present conditions. Right now, banks complain, money that they would like to reserve for loans to small businesses and consumers is being swallowed by big corporations rushing to borrow at a bargain prime rate; the 6½% prime that Burns has temporarily forced down the banks' throats is significantly lower than the 7% or so that the corporations would have to pay if they sold commercial paper, a form of unsecured IOU, to investors. But Burns is building dikes...
David Marker / would like to borrow three words from the late Douglas Mac Arthur to express my feelings on this, my greatest day: duty, honor, country. -Air Force Captain...
...years the Pudding continued to "borrow" from the legitimate stage. The results were mostly theatrical bastards. Although a few hearty souls urged a return to the mock trial genre, the progressives prevailed and within five years after the first performance of Bombastes, all traces of the trials had disappeared. The early plays were rehashed again and again. Between 1844 and 1860 there were at least six performances of Bombastes, four of something called Slasher and Crasher and two of My Wife's Come...
...MAKE MATTERS worse, even Ronald Melrose's score is hardly ever better than its lowest points. He can borrow a few bars from Handel, a few more from Richard Rogers, and a tempo from Sir Arthur Sullivan, but when the band gets back to Melrose's score, it's slow going again. Still, it's the kind of show kindhearted audiences try hard to like, and the cast is already learning how to spread its limited talent thin. David Lewis does reliably unflappable matron Prune, waddling through both acts with his dignity intact even when his virtue has been lost...