Word: buying
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Dates: during 1960-1969
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Such an approach does not always pay off, at least not to the degree of the 'postwar Marshall Plan in Europe. "Aid for development," says the Pearson report, "does not usually buy dependable friends." Then why give at all? On the simplest level, the report stated, "it is only right for those who have to share with those who have not." Then again, the report notes, "we live in a village world," where concern with problems at home and abroad is becoming "a political and social imperative." Strongest of all is the pragmatic argument that aid-fostered development will...
Recounting a speech by Seale on Aug. 27, 1968, Pierson quoted the Black Panther leader as saying. "The time for singing 'We Shall Overcome' is past. We've got to act, Go out and buy a .357 Magnum, a .45, and a carbine-and kill the pigs...
...airlines earn in a single year. Even now, the airlines are stretching the tight money market to pay for the new generation of subsonic jumbo jets and airbuses, and smaller lines only wish that the SST would quietly go away for several years. As soon as the leading airlines buy the SST, however, competition will dictate that all must follow...
...immediate cause of this chaos is the congressional drive to close tax loopholes. Interest paid on municipal bonds has always been exempt from federal income tax, but the reform bill that the House passed in August would make such interest partially taxable for many individual investors. Banks, which normally buy 70% to 80% of all municipal bonds, would continue to collect tax-free interest, but their officers fear that if the bill is finally enacted it will be only a matter of time before that exemption is limited, too. The slowdown in municipal-bond sales has produced something close...
...listen for the reassuring thunk you get when you close it." In auto showrooms, the sound of a car door slamming touches some responsive chord in the frazzled psyche of the American buyer-and all the automakers know it. "There is very little to go on when you buy a car these days," says Carl Hedeen, General Motors' chief of body engineering. "If the glove box opens, the seats are soft and the doors thunk, that's all you have over the competition...