Word: dollar
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Dates: during 1970-1979
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...object in your American Scene to Plaquemines Parish's purchasing a golf course for the public at a return of $2 for every dollar invested by the taxpayer, and advocate the expenditure for water in Ironton of $2,000 a person, or over $20,000, for the benefit of the Merlis Broussard family of ten or more. The officials of Plaquemines Parish have always maintained fiscal responsibility and resisted irresponsible federal handouts, a duty they owe to their tax-paying citizens...
...companies and the U.S. government has been what Henry A. Kissenger '50 used to like to call "political stability." The price paid by the bulk of Iranian people has been continued mass poverty in the face of petro-dollar plenty and perpetual intimidation by the SAVAK, the Shah's secret police. For Pahlevi's most out-spoken critics it has often meant imprisonment and grotesque torture that has been only too vividly documented by some of those who escaped...
...strengthen the dollar and weaken inflation, the Federal Reserve Board may be forced to raise interest rates still more. The cost of short-term credit has already been kicked up nearly 20% since January; last week major banks lifted their prime lending rate to businessmen a quarter of a point to 9¼%- the highest level since February 1975. A really tight credit squeeze could tip the economy into recession, but right now the outlook is for interest rates to peak later this year and begin to drift down...
Strong stuff from a federal judge, and some journalistic defenders immediately got nervous. "Farber ought to throw in his hand ... [There is] a ring around the collar on his white robes of virtue. It won't wash," wrote Conservative Columnist James J. Kilpatrick. "The dollar sign has risen to taint [Farber's] martyrdom," wrote Charles B. Seib, ombudsman of the Washington Post-the paper whose Watergate reporters, Woodward and Bernstein, have made more money from investigative reporting converted into books than any other journalists in history. FARBER CASE DULLS THE EDGE OF THE PRESS'S SILVER SWORD...
...staged-for-TV challenge matches. Once Jack Kramer, Lew Hoad, Pancho Gonzales and Ken Rosewall dreamed of an organized tour circuit that would provide steady income to pro regulars. The current Big Three-Borg, Connors and Argentina's Guillermo Vilas -can now ply their trade on two multimillion-dollar tours, Lamar Hunt's World Championship Tennis and the Grand Prix circuit. However, this year none of them has deigned to play in enough W.C.T. and G.P. events to qualify for the $2 million bonus pool for top players; they can make more money on the outside...