Word: comsat
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Dates: during 1960-1969
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...every 1,000 people, which was half of 1950's record pace. The U.S., once preeminent, now lags behind Western Europe, Japan and Russia in housing output on a per capita basis. This week the Nixon Administration will announce formation of the National Corporation for Housing Partnerships, a Comsat-style combination of Government and private industry. The corporation expects that its activities will add at least 10,000 new houses and apartments a year in the 1970s for families earning $8,000 or less...
...Similarly, black-and-white television prices range from $8,350 to $13,100 an hour. The returns, of course, are high. On a total joint investment of approximately $103 million as of July 31, members distributed some $33 million in profits among themselves. Communications Satellite Corp. (better known as Comsat), representing the U.S., realized a net income of more than $3,300,000 during the first half of 1968, up 58% from a year earlier...
...were not only clear and authentic, but also sharply satirical. Based on those articles, The Money-Game is a highly original look at the art of investing, as well as a modest and amusing contribution to popular psychology. Smith/Goodman tells about the young woman who confuses her shares in Comsat with procreative urges ("'Every time they fire off one of those satellites, I think, that's mine, that's my baby!"). And the people who obsessively call their brokers just to feel a part of the big game...
...riots. When people complain about excessive telephone or telegraph rates, or that radio-controlled garage doors are fouling up aircraft communications, or that shrimp-boat captains are uttering obscenities on ship-to-shore frequencies, it is the FCC that takes the rap. Besides all this, the FCC grapples with Comsat and community TV antenna development, not to mention countless research chores, such as the POPSI Project-measurement of "Precipitation and other types of Off-Path Scatter Interference" on satellite and microwave communications...
...frontiers of technology. Inside its gleaming glass-and-concrete buildings, TRW produces a broad range of delicate equipment, from convergence coils for color television sets to the most advanced spacecraft components. A participant in 90% of the Government's missile-space projects, it is currently building Comsat communications satellites, NASA's Orbiting Geophysical Observatory and engines for the Apollo project's Lunar Excursion Module...