Word: comfortable
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Dates: during 1970-1979
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...clubs, movie theaters, yacht clubs and tennis courts. Zonians buy their food and household goods at commissaries, where prices are often lower than in the U.S. Fresh oysters and other Stateside delicacies are flown into the area's genteel clubs and restaurants. It is a world of Southern comfort, and Southern mores. The chief beneficiary of all this is the U.S. Southern Command headquartered in the zone. The Command is ostensibly for defense of the entire Latin American region, but one of its specific tasks is defending the canal itself. Panamanians, including General Torrijos, see it more...
Still, Reksten's fate hangs in the balance. His expenses run to tens of thousands of dollars daily, and his debts, by one estimate, to more than $200 million. On paper Reksten can pay: his ships are still worth about $250 million. But that figure can comfort only his bankers, primarily Britain's Hambros group, who can claim some of his ships as security for loans. Most experts think that high oil prices will hold down petroleum demand and keep tanker rates unprofitable even after the world recession ends. Meanwhile, Norway's magnificent fjords, the Persian Gulf...
...treasure inefficiency as a substitute for less capricious guarantees of benevolence. If the tangled mess of Rules Relating is not oppressive, it's because it is so easy to circumvent all of the "ordinarilies." And if we have to carry around ID cards with photographs on them, there is comfort to be found in their blurry unrecognizability. There are some liberties we've given up in principle to have in fact. If the identination program is only a more efficient version of the old bursar card, that alone is reason enough to be wary...
...these substandard homes are public institutions. The majority, however, are private. The reason for the ratio is money-public money, ironically, appropriated to give aid and comfort to the Indigent aged. In 1966 the Federal Government began to pay for nursing-home care through Medicaid, a federal-state program that last year spent $4.4 billion of its $12.7 billion budget on the elderly. The sudden gush of cash set loose a nursing-home boom as many entrepreneurs, many of them interested only in the bottom line, rushed into the business...
...erode the value of the most liberal of pensions and shrink the worth of even the fattest savings accounts. Nor does Social Security, upon which most elderly Americans depend for at least a third of their income, enable most to live with any measure of financial security or comfort. A 65-year-old couple entering the plan this year and entitled to the maximum benefits, which they have paid for in taxes, draws only $474 a month. That inches them above the poverty line but hardly enables them to live beyond the bare-bones level. Besides, the average couple receives...