Word: costly
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Dates: during 1980-1989
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Fuller and Koinonia leader Clarence Jordan started Fund for Humanity, a pool of capital that was used to buy building materials and serve as a mortgage source for people too poor to qualify for bank loans. Modest homes, built with volunteer labor and some donated materials, were sold at cost to low-income families. Their payments, plus donations and other money raised, replenished the fund, and the money was recycled to build even more homes. There were problems: raising seed money and bureaucratic snarls, but it worked. By 1976 he had visions of grandeur...
...rental companies are responding in part to a loss of revenue from one of their most expensive options: collision insurance. Until recently many car-rental customers paid as much as $13 a day for so-called collision-damage waivers to protect themselves against liability for any repair costs in case their vehicles were damaged. But many major credit-card companies now offer such coverage to their cardholders at no cost whenever they charge a rental. As a result, more and more consumers decline the pricey waivers. In the most sweeping move so far, American Express began offering the collision coverage...
While several troubled rivals are selling planes and cutting service, McGee said his company has ordered 50 midsize Airbus A320 jetliners and has taken options to acquire 50 more (total cost: $3.5 billion). Braniff chose the European-built planes partly because it wants its jets in a hurry. Half the planes were originally intended for cash-strapped Pan Am, which agreed to turn over its allotment to Braniff...
...meat annually, according to official figures, Zaychenko scoffed that 10 lbs. of that is actually lard and bone, and calculated that the average Soviet eats only about one-third as much meat as the 55 lbs. consumed by an average American. In a comparison that might have cost him his job not too long ago, the economist asserted that the people of the Soviet Union today have a worse diet than the Russians under Czar Nicholas II in 1913, a year of prosperity before World War I and the October Revolution...
This draft plan would, according to a Republican insider, "let Bush stake out the high ground on the deficit issue," and at low political cost. The new President could claim to have fulfilled his campaign pledge to meet the deficit-cutting targets without new taxes, but avoid the need to identify specific programs for the budget ax. That is precisely why key Democrats like Mitchell and House Budget Committee Chairman Leon Panetta dismiss the vague outline as a political ploy. Last week even some Republican officials urged Darman and Bush to go a half-step further and list "broad proposals...