Word: dollar
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Dates: during 1970-1979
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...Carter's congressional liaison aide, Frank Moore. There they plotted strategy for the day and then fanned out to appeal to anyone who could help: business executives, newsmen, friends of Senators. The pitch was always the same: America needs the energy bill to stop the decline of the dollar and convince foreign nations that the U.S. can put its own house in order...
...opinion, it needed considerable improvement." But there were no recorded dissents during several meetings last fall when Secretary of Labor Ray Marshall incorrectly calculated that the odds were against a coal strike, or on Nov. 7, 1977, when Treasury Secretary Blumenthal argued that the position of the dollar abroad "is not as bad as it may appear here...
After long considering a strong dollar a national birthright, Americans lately have learned the humiliation of holding a currency that sinks, slumps and plummets almost every day. In the past year the dollar has declined 17% against the West German mark, 29% against the Japanese yen and 34% against the Swiss franc-and even 9% against the Indian rupee. The Carter Administration has responded with a Dr. Feelgood litany that the dollar's health is sound, and that it will recover from its indisposition if everyone will only wait long enough. But the world's money traders...
...money from the NEA is a challenge grant based on the old help-someone-to-help-himself principle. For the next two years, each time the Fogg raises three bucks, Washington will kick in an extra dollar...
...analysis is similar concerning food. The processing and packaging middlemen take three-fifths of the consumer dollar. Giant agribusiness is forcing out the family farm. Farmers leave land fallow while people starve. The government needs to break down the monopolization of the food sector, encourage production, establish grain and other reserves to assure a steady supply, and provide mechanisms for distributing the surplus to the world. Then prices would stabilize...