Word: dollarization
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Dates: during 1980-1989
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...high interest rates has rocked the bond and stock markets in the past few weeks. As a result of that skepticism, says one White House aide, "a clever overall strategy" will be needed if the President is to have his way on taxes. That may include a multimillion-dollar advertising campaign, financed in part by the Republican National Committee, to drum up support in conservative congressional districts. The strategy will almost certainly also involve an accommodation...
...Edward M. Kennedy '54 (D-Mass.) last week attacked President Reagan's budget proposal, saying the cuts would "put the dollar sign back on the door of universities and colleges." In an interview with The Crimson, Kennedy said that while he agrees that spending cuts should be made, the Reagan education program is "effectively a 25-per-cent cut right across the board--there has not been a careful evaluation of the programs...
Thus we have Purity of Essence, their aptly titled third solo work. Their first, the bluesy Max can be had for a mere dollar at Beggar's Banquet in the Square, a comment on its popularity; and the second. Frogs, Sprouts, Clogs and Krauts didn't sell here either. Their problem lies in that after playing under Parker and Garland Jeffreys, they are, in comparison, devoid of poetic direction. They seem to have so sense as to what covers work and what don't. The new album contains Randy Newman's "Have You Seen My Baby" (which has also been...
Judge Hungate's ruling is not expected for several weeks. Meanwhile, Justice Department experts in Washington note that compulsory busing between St. Louis and its suburbs would also be expensive. There is now no precise dollar limit on the tuition bonus. The St. Louis plan is very much an experiment, and it might not work. Yet it is clear that integration needs new approaches. Observes School Expert James Coleman, a busing critic: "One of the problems with desegregation plans in general is that they have been punitive. Children and their families have ordinarily not received any benefit, and they...
DIED. Jules Stein, 85, ophthalmologist turned show business entrepreneur who as the founder and president of the Music Corporation of America guided its growth from a small band-booking agency into a billion-dollar entertainment empire; of a heart attack; in Los Angeles. Stein, who helped pay his way through medical school by playing violin and saxophone, started MCA in 1924 and eventually abandoned his medical career to lead the company's expansion during the 1930s and '40s into a national booking service for top bands and Hollywood stars. MCA became known as the "octopus" for its extensive...