Word: croesuses
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...been a guarded family secret. Now, however, the extent of his assets will be disclosed to the Senate Rules Committee and the House Judiciary Committee as part of his confirmation as Vice President. In the meantime, the best estimates of Rockefeller's holdings confirm his status as the Croesus of American public officials...
...Harvard-Cornell archaeological expedition in western Turkey uncovered a 2500 year old citadel this summer. The fortress, found at Sardis, the capital of the Lydian kingdom, was stormed by King Cyrus when he dethroned King Croesus...
...Croesus. Moscow has not objected publicly to Iran's military buildup, but Iraq, which broke off diplomatic relations with Teheran in 1970, has, calling it "chauvinistic, aggressive and adventuristic." Another nation disturbed by the pace of Iran's armament is India. New Delhi is worried about Iranian influence in the Indian Ocean and also fears that some of Iran's weapons will eventually end up in Pakistan...
...that Iran can go on buying more and better arms at the current rate indefinitely. Though it is the second-largest producer of oil in the Middle East after Saudi Arabia, Iran is no Croesus looking for ways to spend excess money. The Shah is committed to shifting his country of 31 million people into a more balanced economy less dependent on oil. He boasts that within ten years Iran will be the equal of France or West Germany today. But that takes money too. Says a U.S. observer in Teheran: "At the moment, between arms and development, they...
...nearly all of it from Western Europe, Japan and the U.S. In fact, some of the smaller Middle Eastern nations are already accumulating funds roughly twice as fast as they can spend them. Marvels the State Department's energy expert, James E. Akins: "With the possible exception of Croesus, the world will never have seen anything quite like the wealth which is flowing and will continue to flow into the Persian Gulf." Speculation with these funds was partially responsible for the world's recent monetary crisis...