Word: depositer
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...limited by law as to how much interest they can pay, and put it into Treasury bills and other higher-yielding paper. But lately mortgage lenders have developed new financial gimmicks that enable them to compete for funds, even when money gets tight. One innovation: high-interest certificates of deposit (CDs), with a yield that is one-quarter of a point above the Treasury bill rate at the time of purchase. In July and August alone, mortgage lenders sold $27 billion of these new CDs to savers...
...Like. Most complaints concern car repairs; others range from false advertising to ill-fitting hairpieces. One woman complained of a backache that came from wearing a bra supposed to increase her bust size. No complaint is too small: the unit once got back a 200 soda-bottle deposit for a small boy from his neighborhood grocer...
...fathers died to rid the world of Capitalism's Evil Mutant, while our economy entered the state capitalist stage, run by and for big businessmen. Remember the '30s, when our poliomyelitic system acquired the leg braces that allowed it to keep playing hardball--braces like unemployment compensation, Social Security, deposit insurance, to make sure it never bottomed out again. Remember the '20s--the corporations are much bigger now, and they've expanded from Peoria to Pretoria...
...rates, to be sure, but then capital gains rates are no longer low enough to compensate investors for extra risk. Supporters of Steiger argue persuasively that cutting capital gains rates would raise federal revenues rather than reduce them. People would sell assets they have been salting away in safe-deposit boxes, move the money into new investments that help the economy, and produce a greater volume of transactions to be taxed. Russell Long, who will have as much to do with shaping this year's tax legislation as anyone, asserts: "I have no doubt that we are going...
...proposed an end to deposits of Massachusetts money in banks doing business in South Africa. He also has a Linked Deposit System proposal--designed to end redlining...